ASSESSMENT OF THE ROLE OF THE BUDGET COMPONENT IN FINANCIAL SECURITY Cover Image

ASSESSMENT OF THE ROLE OF THE BUDGET COMPONENT IN FINANCIAL SECURITY
ASSESSMENT OF THE ROLE OF THE BUDGET COMPONENT IN FINANCIAL SECURITY

Author(s): Iryna Zaichko
Subject(s): National Economy, Economic policy, Security and defense, Economic development, Fiscal Politics / Budgeting
Published by: Fundacja „Oświata i Nauka Bez Granic PRO FUTURO”
Keywords: security; economic security; financial security; budget component; budget policy;

Summary/Abstract: The presentation of opinions and statements of financial security in the modern national and world economy is considered. It has been established that the term «financial security» has been used relatively recently and its development is conditioned by threats in the financial system of Ukraine. The analysis of the formulation of financial security from the point of view of ensuring equilibrium, resource-functional approach, stability of the financial system, protection of financial interests, a component of economic security in the context of regulatory and legal regulation has been carried out. A matrix of approaches to the definition of financial security components has been developed based on the scientists' statements regarding the determination of financial security components. Frequent crises and uncertainties that influence changes in society have been proven. The necessity of managing change as a tool for economic development and growth of the manufacturing and non-productive sectors with the branching and methodological adaptation to each branch that needs to be substantiated is substantiated. it is determined that, by their very nature and content, financial security is a complex multilevel dynamic process consisting of a number of subsystems, each of which has its own structure and logic for development.

  • Issue Year: 27/2019
  • Issue No: 3-4
  • Page Range: 205-213
  • Page Count: 9
  • Language: English