scholarly journals MODERN PARADIGM OF FINANCIAL SECURITY MANAGEMENT OF THE COUNTRY: THE CONCEPT OF ITS IMPLEMENTATION

2020 ◽  
Author(s):  
Olga Gaponiuk ◽  
Keyword(s):  
Economic Policy ◽  
National Economy ◽  
Development Process ◽  
Security Management ◽  
The State ◽  
Important Task ◽  
Financial Security

The article noted that financial security is a multifaceted, multifaceted, systemic phenomenon. As a system, it consists of a large number of elements, has a hierarchy of levels of the organization, able to generate new levels in the development process, while the new level back affects the previous levels, rebuilds them, resulting in a new integrity. It is determined that giving the development of the national economy taking into account its sustainable financial component is the most important task of the state economic policy, the implementation of which under the modern paradigm of financial security management is a complex and multifaceted phenomenon and recover from external negative influences. Determine the level of resilience of financial security to external negative influences.

scholarly journals ASSESSMENT OF THE FINANCIAL SSESSMENT OF THE FINANCIAL SECURITY LEVEL OF UKRAINE

2021 ◽  
Vol 17 (6) ◽  
pp. 3-12
Author(s):  
O. KALINICHENKO ◽  
V. LESYUK
Keyword(s):  
National Economy ◽  
Large Scale ◽  
Foreign Currency ◽  
Well Being ◽  
The State ◽  
Security Level ◽  
Financial Security ◽  
Mathematical Methods ◽  
Security Strategy ◽  
Banking Systems

Introduction. In the context of the development of globalization processes and the integration of the national economy into the global financial space, the issue of forming the financial security of Ukraine becomes increasingly important. It affects and links together all sectors of the national economy, business entities, society, politics, finance, etc.Problem Statement. At the present stage of Ukraine's economic development, one of the primary task of government policy is to ensure the financial security of the state, after all, its ensuring aims at overcoming the economic crisis and improving the well-being of Ukrainian citizens.Purpose. The assessment of the financial, monetary, and banking systems of Ukraine as well as the development of practically significant proposals are necessary for ensuring the financial security of Ukraine.Materials and Methods. The analytical material is the data of the National Bank of Ukraine, which have been studied by economic and mathematical methods, statistical and indicative analysis.Results. It has been determined that the state budget imbalance is the main destabilizing factor of the crisis in public finance. The dynamics of the number of banks in Ukraine have been studied: despite a decrease in the number of banks with foreign capital, their share in recent years has increased significantly, which hinders theeffective development of the banking system of Ukraine. A significant underestimation of the domestic currency and large-scale devaluations in the previous years created unfavorable conditions for Ukrainian exporters, which resulted in a foreign trade balance deficit, an outflow of foreign currency and, accordingly, a decrease in theforeign exchange reserves.Conclusions. The financial security strategy should determine the prospects for ensuring the stability of the financial, monetary, and banking systems and the development of the national economy. The implementation of financial, currency, credit measures, the adoption of amendments to the legislative framework, and the development of a financial security strategy for Ukraine become increasingly important, given the problems that exacerbate the financial security of Ukraine.

Ensuring Food Security in the Context of the Development of Integration Processes

2019 ◽  
Vol 9 (5) ◽  
pp. 1120
Author(s):  
Saniya SAGINOVA ◽  
Rauza ABELDINA ◽  
Valeriy BIRYUKOV ◽  
Gulnar SAPAROVA ◽  
Alken TEMIRBULATOV ◽  
...  
Keyword(s):  
Economic Policy ◽  
Food Security ◽  
Food System ◽  
Statistical Data ◽  
The State ◽  
Important Task ◽  
Effective Management ◽  
Food Market ◽  
The Republic ◽  
Selection Of

Food security is one of the main objectives of the agrarian and economic policy of the state. In its general form, it forms the vector of movement of any national food system to an ideal state. Analysis of indicators of the state of the food market and the provision of the population with food, the selection of the most optimal of them for making effective management decisions is an important task in developing a strategy for ensuring the country's food security. Therefore, the purpose of this article is to assess food security in the Republic of Kazakhstan. The article analyses the statistical data of the Republic of Kazakhstan on ensuring food security in the country.

scholarly journals Statistics on Differences in the Institutional Composition of the National Economy and Issues Related to its Harmonization

2020 ◽  
Vol 17 (4) ◽  
pp. 4-32
Author(s):  
O. V. Morozov ◽  
A. G. Biryukov ◽  
M. A. Vasiliev
Keyword(s):  
Economic Policy ◽  
Public Sector ◽  
Economic System ◽  
National Economy ◽  
The State ◽  
Domestic Economy ◽  
The Public ◽  
Russian Economy ◽  
State Participation ◽  
Sectoral Composition

This article focuses on the assessment of the size of the public sector, which goes back to the assessment of the degree of state participation in the domestic economy and remains controversial. Such assessments are often carried out without the presentation of threshold criteria and without evaluation of its effectiveness and combination with other institutional sectors. At the same time, it is obvious that the ratio between the public and other (non-state) sectors refers to the issue of strategic importance, to the issue of the effectiveness of the country's economic system in its integrity, and therefore requires theoretical, methodological and practical resolution.The objectives of the research are: (1) to determine the relative scale and efficiency of the public sector functioning in the national economy, to establish minimum necessary and maximum possible values of its scale; (2) to determine the size and establish a measure of harmonious combination of institutional components of the domestic economy aimed at maximizing its efficiency.Materials and methods. Theoretical foundations of the research have been developed on the basis of the authors' preferences regarding the results of conceptual and applied developments of domestic scientists in the field of philosophy, mathematics, economics and sociology, as well as the practice of structural and spectral analysis in their subject areas. The analysis of parameters (indicators) of the state and other institutional sectors of the national economy was carried out (mainly) on the basis of statistical data of ROSSTAT for 2006-2016, materials of official reports and developments of analytical centers. The methodological basis of the research is formed by works on modular theory of society, public sector economy, and structural harmony of systems. Tabular methods of visualization of research results and statistical methods of source data processing were used. Standard packages of Microsoft Office application programs were used for solving research tasks.Results. It is shown that against the background of a decrease in relative resource capacity, the public sector over the period under review does not show an increase in the degree of government participation in the Russian economy. At the same time, performance indicators of the public sector did not show not only worse, but also worsening values, both as compared with the private sector and the economy as a whole. Criteria of minimum required and maximum possible scale of the public sector have been defined and it is shown that as of 2016 the integral indicator of the scale of the public sector of the Russian economy does not reach the minimum required value. A quantitative model for optimizing the sectoral composition of the national economy has been constructed. System solutions are proposed and a method for determining the share of institutional sectors in the structure of the national economy is given.Conclusion. The article deals with the issues of state participation in the economy, defines the scale and efficiency of the public sector in the national economy. It is noted that within the limits of maximally liberal and maximally ethical ideological statements the task of optimization of neither the size of the public sector of the national economy nor the harmonious combination of its sectoral composition find a satisfactory solution. The analysis of institutional composition of the national economy has been carried out and the way of optimization of its structure has been shown, the direction of the state economic policy on optimization of institutional structure of the national economy has been determined. Orientation of economic policy towards achievement of optimal structure (harmony) of economic system (as well as the very movement towards it) will create conditions not only for increase of its efficiency, but also will allow to satisfy economic needs of socially-professional groups to the fullest extent, and society as a whole will successfully develop.

scholarly journals Development of doctrinal model for state financial security management and forecasting its level

2021 ◽  
Vol 5 (13 (113)) ◽  
pp. 26-33
Author(s):  
Anastasiia Poltorak ◽  
Natalia Potryvaieva ◽  
Vitalii Kuzoma ◽  
Yuriy Volosyuk ◽  
Nadia Bobrovska
Keyword(s):  
Regression Model ◽  
Stochastic Systems ◽  
Polynomial Algorithm ◽  
Technology Development ◽  
Security Management ◽  
The State ◽  
Financial Security ◽  
Space Technology ◽  
The Mean ◽  
New Challenges

A doctrinal model of state financial security management in the context of globalization changes has been developed. The model is formed at five levels (doctrinal, conceptual, strategic, programmatic, planned), contains a logical continuum of mission, priorities in the financial sector and the level of technological innovation, influencing factors and a system of actions aimed at achieving goals. This model accumulates a set of solutions aimed at adapting to transformational processes in the economy associated with new needs of states, globalization processes in the world financial space, technology development, new challenges and threats. As a result of the study, forecasting is carried out and the effectiveness of the results of modifying approaches to managing the financial security of the state using a polynomial algorithm for extrapolating the parameters of stochastic systems is proved. A polynomial correlation-regression model is presented, the input data of which were specific indicators of the effectiveness of innovative development of the state, perception of corruption and debt dependence. In fact, this is a set of those indicators at which the strategic directions of strengthening the financial security of the state are directed in the context of globalization changes. The generalized values of the state of financial security of the state, determined on the basis of the developed polynomial correlation-regression model, are obtained, as well as the absolute and relative amounts of error indicate the accuracy of the forecasts obtained. So, the mean level of error is 0.005 %, which means that the totality of these indicators can characterize the state of financial security of the state. Accordingly, this model is useful in the process of predicting the results of modifying approaches to the formation of the financial security of the state

scholarly journals FINANCIAL SECURITY OF THE STATE: INTERNATIONAL EXPERIENCE IN THE STUDY OF INSTITUTIONAL AND LEGAL CAUSES OF CRISIS PHENOMENA IN THE ECONOMY

2021 ◽  
Vol 2 (37) ◽  
pp. 426-437
Author(s):  
M. Blikhar ◽  
N. Mykhalitska ◽  
M. Veresklia ◽  
I. Komarnytska ◽  
G. Koziar
Keyword(s):  
Economic Policy ◽  
Social Responsibility ◽  
Full Employment ◽  
Legal Regulation ◽  
Economic Security ◽  
The State ◽  
Labour Migration ◽  
Financial Security ◽  
Security Issue ◽  
Foreign Experience

Abstract. The article maps out the topical issue of reinforcing the financial and economic security of our country by switching from uncritical compliance with standard requirements of financial institutions affecting the provision and amount of international loans to development of own economic policy on the basis of rethinking the reasons for the unsatisfactory state of the financial and economic security of Ukraine. The purpose of the article is to study the issue of increasing the sustainability of the financial system of Ukraine taking into consideration foreign experience and to determine the main direction of its provision with the emphasis on the priority development of the real sector of the economy. The financial security issue has become of paramount importance and relevance not only for Ukraine but for other countries as well. The study of foreign experience showed that stagflation of the 1970s provoked an erroneous neoliberal economic reaction. Policy responses were focused on deregulation of markets, in particular labour and financial markets, on the one hand, and on achieving the price stability instead of full employment on the other hand. This neoliberal «counterrevolution» created the conditions for the emergence of «financialization» or «finance-dominated capitalism» since the early 1980s first in the USA and Great Britain and then spread around the world. Over the past 30 or so years, finance began to dominate the industry, and non-financial corporations are increasingly engaged in financial rather than production activities. For instance, in Japan it resulted in the Great Recession. In Ukraine such policy has been implemented since the early 2000s under the influence of IMF requirements. As a result, the economy has lost the ability to provide a decent standard of living for the population and encouraged the labour migration and the increase of debt burden which was practically unavoidable without catastrophic consequences for state sovereignty. It is proposed to redirect the economic policy of Ukraine from spontaneous development of the «mechanism of financialization» to the creation of a mechanism for the development of real economy and effective creation of high-wage jobs complemented by the social responsibility of entrepreneurs and improving the regulatory requirements for legal regulation of public relations related to ensuring the financial security of the state. Keywords: financial security, gross external debt, liability, social responsibility, law, labour migration; employment of population, budget deficit. JEL Classification Е02, H63, K10, M14, O11 Formulas: 0; fig.: 2; tabl.: 1; bibl.: 26.

ECONOMIC PREREQUISITES FOR FINANCIAL SECURITY

2020 ◽  
Vol 2 (11) ◽  
pp. 83-95
Author(s):  
V. I. MUNTIYAN ◽  
◽  
V. E. BOCHAROV ◽  
Keyword(s):  
Economic Growth ◽  
National Economy ◽  
Socioeconomic Development ◽  
System Analysis ◽  
The State ◽  
Point Of View ◽  
Financial Security ◽  
Present Stage ◽  
Historical Series ◽  
The Stability

The article deals with the development of the Russian financial system at the present stage, in conditions of uncertainty. The historical series of relations between reparations and Russia's economic growth is shown. From the point of view of system analysis, the author substantiates a set of measures to increase the stability of the national economy and ensure coordinated work of the financial and industrial spheres aimed at stimulating the socioeconomic development of the country. Special attention is paid to the problematic issues of ensuring the financial security of the state and suggested ways to solve them.

scholarly journals Legislation Fatwa National Sharia Board-Indonesian Council of Ulama (DSN-MUI) In the State Economic Policy

2018 ◽  
Vol 6 (1) ◽  
pp. 71-94
Author(s):  
Fitriyani Zein
Keyword(s):  
Economic Policy ◽  
National Economy ◽  
Islamic Law ◽  
Banking System ◽  
Supervisory Board ◽  
The State ◽  
Muslim Community ◽  
The World ◽  
Political Stance ◽  
The Impact

Abstract: The impact of the development of Sharia Banking System in Indonesia has led to the establishment of Sharia Supervisory Board and the National Sharia Board. Each institution has a different role. As for the DSN which is an institution under the Indonesian Council of Ulama has the authority in regulating the fatwa (a binding rule in religion) of Islamic financial fatwa which later can be referred as the reference of sharia banking actors, so that this role will close the chance of legal uncertainty in the world of Syariah banking. This is as the rule: "Judge's law eliminates dissent.” Herein lies the significant presence of the National Sharia Board. So that the legislative efforts of DSN-MUI fatwa are an Islamic political stance that seeks to convince that Islamic law can not be separated from the state. Therefore, the legislation of the DSN-MUI fatwa is a necessity for the Muslim community of IndonesiaKeywords: Legislation, National Economy, National Sharia Board. Abstrak: Dampak perkembangan Sistem Perbankan Syariah di Indonesia menimbulkan adanya kebijakan pembentukan Dewan Pengawas Syariah dan Dewan Syariah Nasional. Masing-masing lembaga memiliki peran yang berbeda. Akan halnya DSN yang merupakan lembaga di bawah Majelis Ulama Indonesia memiliki kewenangan dalam hal melakukan regulasi fatwa-fatwa keuangan syariah yang nantinya dapat dirujuk sebagai acuan para pelaku perbankan syariah, sehingga dengan adanya peran ini menutup peluang ketidakpastian hukum di dunia perbankan syariah. Hal ini sebagaimana kaidah: “Hukum yang ditetapkan hakim menghilangkan perbedaan pendapat.” Di sinilah letak signifikan kehadiran Dewan Syariah Nasional. Sehingga upaya legislasi fatwa-fatwa DSN-MUI yang dilakukan merupakan sikap politik Islam yang berupaya meyakinkan bahwa hukum Islam tidak dapat dipisahkan dari negara. Karenanya legislasi fatwa-fatwa DSN-MUI merupakan suatu keharusan dan kebutuhan bagi masyarakat muslim IndonesiaKata Kunci: Legislasi, Ekonomi Nasional, Dewan Syariah NasionalDOI: 10.15408/jch.v6i1.8267 

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