scholarly journals EVALUATION OF MACROECONOMIC FACTORS FORMATION OF FINANCIAL SECURITY OF UKRAINE

2017 ◽  
pp. 7-16 ◽  
Author(s):  
Olha KYRYLENKO ◽  
Olena STASHCHUK
Keyword(s):  
Economic Security ◽  
The State ◽  
Financial Security ◽  
Macroeconomic Factors ◽  
Theoretical Approaches ◽  
Long Run ◽  
Other Information ◽  
Financial Interests ◽  
Safety Parameters ◽  
Business Structures

Introduction. The financial security of the state is one of the most important components of economic security in general and in terms of its individual functional elements. The financial security of the country determines the level of attractiveness, competitive position in world markets and creates conditions for economic development of certain entities in prospective periods. The purpose of the paper is to determine the place of financial security in the economic security of the country, the main theoretical approaches to the interpretation of the concept of “financial security” and display its main components. The article is isolating the main factors in the formation of financial security in Ukraine, studies of trends and characteristics impact on the economy. Results. The study highlighted the threat of financial security, such as threats to publicsector debt policy threat, the threat of the insurance market, the threat of monetary economy, the threat of the currency market, the stock market threats and other threats. Based on statistical and other information, the analysis of safety parameters for each of the proposed components. This analysis allowed to conclude that for any of the indicators Ukraine's economy has not reached the threshold of financial security. Conclusion. Research essence of the concept of financial security allowed the state to distinguish two main approaches to its treatment: 1) emphasis on the protection of the financial interests of businesses due to the influence of internal and external factors; 2) highlights the availability of sufficient funds to meet the needs of the state, region and individual entities. The primary measures that can be used to enhance the financial security of Ukraine's economy as a whole, should be aimed at: reducing the budget deficit, lower inflation, increase in lending business structures, reducing the proportion of cash sales, increased foreign investment in the economy stabilizing the national currency, increasing the volume of financial resources for sustainable development of the economy in the long run.

FINANCIAL COMPONENT OF REGIONSʼ ECONOMIC SECURITY

2017 ◽  
Author(s):  
Yuliya Tymchyshyn ◽  
Keyword(s):  
Security Policy ◽  
Negative Impact ◽  
Economic Security ◽  
The State ◽  
Financial Resources ◽  
Financial Security ◽  
Financial Problems ◽  
Financial Flows ◽  
Financial Measures ◽  
Financial Interests

The article highlights the basic concepts of regions’ financial security. Was discussed the regional level, the components of region’s financial security and their characteristics: budget, tax, investment, innovation, monetary, financial security of economic entities, financial security of the population and insurance. Internal and external aspects of financial security are described. The states of financial security by the intensity of the negative factors’ influence are distinguished. The main generalizing factors that have a negative impact on the level of financial security of the Ukrainian regions are revealed: external factors, these include world-class and national factors; internal factors, these include economic, social, environmental, scientific and technological, informational, material, legal factors. External indicators are substantiated, which indicate the degree of indirect impact on the financial security of a particular region and are determined by the level of financial security of the state by indicators that characterize the state of debt, budget, monetary and currency, investment and foreign trade security. The use of these indicators in calculating the level of financial security of the region is due to a significant impact on this level of financial security of the state, because if national needs are not provided with sufficient financial resources, the financial security of any region cannot be discussed. Internal indicators characterize the immediate state of financial security of the needs of the economic, social and environmental spheres of the region compared to the threshold values. The main risks to the financial security of the region in terms of its structural elements have been assessed. The tasks of the financial security policy of the region are analyzed, such as: diagnostics and forecasting of external and internal threats to ensuring the realization of the financial interests of the region; identification of the most acute financial problems of the region, ranking them according to the degree of danger; development of a system of financial measures aimed at solving financial problems, creating financial mechanisms to protect regional interests; prevention and neutralization of real and potential threats to the financial interests of the region; diversification of financial sources and optimization of financial flows to ensure the balance of sustainable development in accordance with established security criteria; improving the efficiency of the use of available financial resources of the region, control of their volumes.

scholarly journals Systemic problems and ways of Ukraine financial security in the conditions of hybrid warfare

2019 ◽  
pp. 171-179
Author(s):  
Zakharii Varnalii ◽  
Taras Tomashevskyi
Keyword(s):  
Well Being ◽  
Economic Security ◽  
The State ◽  
Financial Security ◽  
Hybrid Warfare ◽  
Stage Of Development ◽  
State Of The Economy ◽  
Financial Interests ◽  
Systemic Problems ◽  
Business Entities

The purpose of this paper is to identify the problems and ways of providing Ukraine financial security in a hybrid war. The subject of the study is the system of financial security of Ukraine. Research methods. The paper uses a set of scientific methods, including systematic, structural, comparative, factorial, and others which allowed to realize the conceptual unity of the research. Research results. The article deals with systemic problems and ways of ensuring the financial security of Ukraine in the conditions of hybrid warfare, clarifies the concept of "financial security", an analysis of the peculiarities of the factors of providing and assessing the financial security of Ukraine at the present stage of development of the state. It has been determined that financial security is one of the key elements of economic security, the state of finance in the state depends on the state of the economy of the country, and simultaneously, the economic well-being of the country depends to a large extent on the level of ensuring the financial security of each individual citizen, as well as of the society state in the whole. Conclusions. Financial security is the protection of financial interests of business entities at all levels of financial relations, financial coverage of households, enterprises, organizations and institutions, regions, industries, sectors of the economy, government, sufficient to meet their needs and to fulfill obligations. In public administration practice there are often problems in assessing and analyzing individual components of national security or making decisions on one of the areas of ensuring financial security, when data on changes in other components of security are not available. Ensuring the financial security of the country requires the cessation of capital flight practice being one of the most powerful internal threats to the financial security of the country as a whole. The rise of external public debt and the excessive openness of the economy are the factors contributing to financial security risks.

The Threats of Ukraine Financial Security: Identification and Systemization

2019 ◽  
pp. 73-80
Author(s):  
Oleksandra Maslii ◽  
Andrii Maksymenko ◽  
Svitlana Onyshchenko
Keyword(s):  
Financial Stability ◽  
System Development ◽  
Financial System ◽  
Economic Security ◽  
The State ◽  
Financial Security ◽  
Monitoring And Control ◽  
Development Indicators ◽  
Security Indicators ◽  
And Control

Place of monitoring and control of risks of financial stability of the state in the system of ensuring financial security of the state was substantiated. Methods of identifying threats to Ukraine's financial security through the current and strategic analysis of financial system development indicators were considered. Tendencies of economic development of Ukraine in the context of revealing sources of threats to financial stability of the state were analyzed. Dynamic analysis of the actual values of the financial security indicators of Ukraine as a whole and its separate components had been carried out. Threats to Ukraine's financial security were identified based on comparative and trend analysis. Reasons for the critical state of debt, banking and monetary security in the financial structure and the preconditions for the emergence of systemic threats had been investigated. Systematization of risks and threats to Ukraine's financial security by its components had been carried out. Influence of systemic threats in the financial sphere on the economic security of the state was generalized. International experience of monitoring financial stability of the state was analyzed. Additional risks to the national financial system are associated with the globalization and digitization of the state financial system that are not taken into account by valid methodological recommendations for calculating the level of economic security of Ukraine were highlighted.

scholarly journals FINANCIAL ARCHITECTURE AS THE BASE OF THE FINANCIAL SAFETY OF THE ENTERPRISE

2018 ◽  
Vol 4 (4) ◽  
pp. 334-340 ◽  
Author(s):  
Olga Sosnovska ◽  
Maksym Zhytar
Keyword(s):  
Economic Security ◽  
Scientific Development ◽  
Economic Science ◽  
Financial Risks ◽  
Financial Security ◽  
High Quality ◽  
Financial Architecture ◽  
Theoretical Approaches ◽  
Definition Of ◽  
Functional Components

In today’s economic realities, achieving the necessary level of financial security of enterprises is a prerequisite for ensuring their sustainable operation and the formation of competitive development parameters in the internal and external market environment. The effectiveness of this process depends on building a high-quality financial architecture as the basic structural element of the company’s financial security system. In this regard, the subject of the study is an analysis of existing theoretical approaches to the definition of financial architecture and its relationship with the financial security of the enterprise. The methodological basis of the research is the scientific development of domestic and foreign scientists, the fundamental theoretical positions of economic science in the field of financial architecture formation, financial risk management, and financial security of the enterprise. The purpose of the article is to study the essence of financial architecture in order to substantiate its determining influence on the financial security of the enterprise and ensure its sustainable functioning in an unstable development of economic processes. The article analyses the theoretical aspects of financial architecture and finds that the interpretation of this economic category is due to the existence of clear causal relationships between its constituent elements and their impact on the financial support. Proceeding from this, the definition of financial architecture is drawn as a set of interconnected structural elements such as capital structure, ownership structure and quality of corporate governance, which accumulate and mobilize financial resources, increase control over the activity of the enterprise, solve conflicts of interest between owners and other stakeholders. It is determined that the choice of principles and methods for constructing financial architecture depends on such financial interests of economic entities as forming a flexible financial potential, optimizing the structure of capital, increasing investment attractiveness, maximizing profits, and increasing the market value of the enterprise. It is proved that the result of building a flexible financial architecture is to provide the appropriate level of financial security of an enterprise by identifying, quantifying, neutralizing, minimizing, and monitoring its financial risks. It is proposed to systematize indicators of financial security level assessment on the most typical of its functional components, among which investment, credit, emission, innovation, and currency can be distinguished. It has been established that ensuring the appropriate level of financial security will contribute to achieving financial sustainability, forming qualitative financial potential, providing competitive advantages, harmonizing interests of economic entities, and creating an effective system of economic security of the enterprise. It is concluded that the construction of high-quality financial architecture is the basis of financial security of an enterprise, the level of which depends on the proper management of financial risks and ensuring an adequate level of safety of all its functional components. As a criterion for the effectiveness of the process of ensuring the financial security of the company, sustainable development of the enterprise was determined in the conditions of an unstable economic environment.

scholarly journals STATE DEBT MANAGEMENT OF UKRAINE

2020 ◽  
Author(s):  
Oksana Vodolazska ◽  
◽  
Hanna Herman ◽  
Keyword(s):  
Public Debt ◽  
Equation Model ◽  
Economic Security ◽  
The State ◽  
Debt Management ◽  
Financial Policy ◽  
Security Level ◽  
Macroeconomic Factors ◽  
Public Debt Management ◽  
Debt Policy

Public debt management and servicing is one of the top priorities for the country’s financial policy, and an important condition for the stability of its financial system. Due to the need of solving the problem of the state debt of Ukraine growth and the cost of servicing it, it is urgent to increase the efficiency of methods for managing it. Ineffective management of Ukraine’s government borrowings, which is mainly used to cover the budget deficit, leads to a decrease in the state’s economic security level and an increase in the burden on the budgetary sphere and an aggravation of the debt situation. The maintenance and management of public debt is inextricably linked with the pursuit of a balanced debt policy and minimization of the risks inherent in public debt. The economic and social development of the country, its stability during the period of economic crises and the post-crisis speed of recovery of the national economic system depend on the efficiency and effectiveness of this management. After experiencing a deep economic crisis in 2014–2015, economic growth began to recover in 2016, and the total public debt in relation to GDP also tends to decrease. This was caused by various factors: the deficit of the state budget and balance of payments, heavy dependence on energy imports, ineffective use of attracted loans and the lack of proper debt management. This article analyzes the existing features of the formation of an effective public debt management system in the context of improving the efficiency of Ukrainian debt policy. The proposed measures of an effective management strategy will contribute to the rational use of borrowings and create the necessary conditions for optimizing the debt burden. The main goals of state debt management in Ukraine were analyzed, as well as the world practice of analyzing public expenditure and financial accountability was considered. The existing problems in the state debt management of Ukraine are identified, practical recommendations are provided for future development of the most effective scenario for solving Ukrainian debt problems. The forecast of public debt was calculated on the basis of a linear regression equation model, and the macroeconomic factors that have the biggest impact on the growth rate of public debt were determined.

ECONOMIC SECURITY MANAGEMENT OF AGRICULTURAL ENTERPRISES AT THE REGION

2019 ◽  
Vol 4 (4) ◽  
pp. 388-394
Author(s):  
Viktoriia Hmyria ◽  
Volodymyr Kucherenko
Keyword(s):  
Agricultural Production ◽  
Economic Security ◽  
The State ◽  
Economic Stability ◽  
National Interests ◽  
Agricultural Enterprises ◽  
Theoretical Approaches ◽  
Proposed Model ◽  
Fixed Assets ◽  
Definition Of

The purpose of this article is to study theoretical approaches to definition of economic essence and directions of economic security formation of agricultural enterprises at the region. Analysis of the theoretical aspects of the research object showed that currently there are different approaches to the economic security interpretation. It is considered as a process of meeting public needs, protection of the state national interests, the economic stability, the state of the national economy, in which the country provides its own sovereignty, a state of protection against a certain type of threats. Certain realities of a market economy require fundamentally new approaches to the formation and increase of efficiency of agrarian enterprises functioning, and thus ensure their economic security. In the context of the latest scientific dimensions, it has been found out that the economic security of agricultural enterprises is a complex of sophisticated branched processes, methods, tools, levers of influence on activity for the purpose of increasing the economic activity efficiency of entities. In this regard, there are many different opinions regarding the components of enterprises economic security. It is proved that the economic security of enterprises is characterized by certain features in the regional context of their formation and application to agricultural production. The proposed model Forsythe technology modernization of a regional mechanism of economic security at agricultural enterprises will allow to determine more efficiently the volume of investments, tax burden on the industry and crediting enterprises, depreciation deductions etc., which will effectively affect the activity of the enterprise, and hence ensure its basic – economic security. Keywords: economic security, agricultural enterprises, natural conditions, fixed assets, information security, financial security.

scholarly journals Issues of the strategy of anti-corruption activities in ensuring the economic security of the state

2021 ◽  
pp. 22-27
Author(s):  
Vladimir Gaponenko ◽  
Rais Alaberdeev
Keyword(s):  
Research And Development ◽  
Economic Security ◽  
The State ◽  
Financial Strategy ◽  
Business Structures

The article deals with the applied aspects of the strategy of anti-corruption activities in the system of measures to ensure the economic security of the state. The key measures to ensure the economic security of the state and economic entities, business structures are studied, and the emphasis is placed on the research and development of the financial strategy of companies in the context of the strategy of anti-corruption activities in the system of measures to ensure the economic security of the state.

Evaluation Methods of Financial Security of Municipalities

2018 ◽  
Vol 7 (4.38) ◽  
pp. 67
Author(s):  
Oleg Georgiyevich Blazhevich ◽  
Diana Dmitrievna Burkaltseva ◽  
Vlasta Vitalievna Shalneva ◽  
Elena Aleksandrovna Smirnova ◽  
Olga Anatolievna Guk ◽  
...  
Keyword(s):  
Economic Security ◽  
The State ◽  
Financial Security ◽  
Security Assessment ◽  
Methods Of Evaluation ◽  
Source Data ◽  
Security Levels ◽  
The Republic ◽  
Security Indicators ◽  
Constituent Elements

Subject / topic. Financial security of the state consists of many constituent elements and can be divided into federal, regional and local levels, each of which conditions financial security of the state in general.Purpose / objectives. The purpose of the article is to define the methods of evaluation of financial security of municipalities. In order to achieve this purpose, it is necessary to solve the following tasks:To define the general stages for financial security assessment of activities of municipalities;To offer the system of indicators for evaluation of financial security of municipalities;To define the borders of financial security of municipalities.Methods.The dialectical method of scientific cognition was applied in studying the role and influence of financial security on the development of the economy of the regional municipalities; methods of monitoring, measuring, analyzing and comparing of indicators that characterize the financial security of the municipalities of the Republic of Crimea have also been applied. Results.The financial security of the region is an essential part of the region's economic security, reflecting the condition and readiness of the financial system of the region to timely, reliable and independent financial provision of economic needs in terms that are sufficient for effective functioning, as well as its ability to withstand internal and external financial threats in changing conditions. The financial security of the region is influenced by intraregional, domestic and external international threats.Conclusion/ Relevance. The main stages of evaluating the financial security of municipalities have been developed: collecting of source data, grouping and calculation of statistical indicators, converting the indicators to a comparable type, calculating integrated financial security indicators for each municipality, evaluating the financial security of municipalities, and allocating of municipalities to financial security levels.   

The Impact of Public Policy on Industrial Clustering Economic Security

2016 ◽  
Vol 4 (6) ◽  
pp. 43-50 ◽  
Author(s):  
Смирнов ◽  
Evgeny Smirnov ◽  
Юсим ◽  
Vyacheslav Yusim ◽  
Блинкова ◽  
...  
Keyword(s):  
Economic Security ◽  
The State ◽  
Security Policies ◽  
Short Term ◽  
Technological Capacity ◽  
Technological Efficiency ◽  
The Russian Federation ◽  
Business Structures ◽  
Regional Product ◽  
The Impact

The article analyzes the influence on the state economic security policies implemented by the clustering of industry. In this work it was evaluated the efficiency of clusters. The evaluation was conducted in terms of economic, social and technological efficiency. Proposed and evaluated the effectiveness of development of subjects of the Russian Federation from positions of the theory of economic-technological systems. The proposed criterion allows to link the technological capacity of territories with the level of gross regional product and economic security of the region and ensures the consistent development of longand short-term period of the state, business structures and people. The use of this criterion will allow us to move to a managed economy

scholarly journals Financial security of a small open economy in conditions of globalization as a requirement for economic growth

2019 ◽  
pp. 9-24
Author(s):  
Piotr Komorowski
Keyword(s):  
Economic Growth ◽  
Open Economy ◽  
Financial Stability ◽  
Small Open Economy ◽  
Economic Security ◽  
The State ◽  
Financial Security ◽  
Special Significance

In the conditions of the globalization of economies the issue of financial stability, which is a condition for the economic security of the state, has acquired a special significance. The aim of the article is to determine the importance of the role of financial stability for maintaining economic security and economic growth and to validate the role of the Safety Network Institution in maintaining stability.

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