THE ROLE OF MACROECONOMIC STABILITY IN ENSURING ECONOMIC SECURITY
Keywords:
Macroeconomic stability, economic security, inflation control, fiscal policy, monetary policy, financial resilience, global shocks, sustainable development, emerging markets, institutional capacityAbstract
This paper explores the critical role of macroeconomic stability in ensuring long-term economic security and sustainable development. In the context of global uncertainty and increasing economic interdependence, maintaining macroeconomic stability has become both more complex and more essential. The study defines macroeconomic stability as a condition characterized by low inflation, sustainable fiscal balances, external equilibrium, and a resilient financial system. It emphasizes that stability is not only about short-term equilibrium but also about an economy’s capacity to absorb shocks and preserve confidence. The analysis combines theoretical perspectives with empirical data from global institutions and highlights the importance of policy coordination—particularly among monetary, fiscal, and financial authorities. The findings suggest that macroeconomic stability fosters a favorable environment for investment, innovation, and inclusive growth, which are key elements of national economic security.
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