Threats to the stability of the state’s financial security

The article examines and draws attention to the issues and problems related to ensuring the financial security of the State, and pays attention to various threats to the stability of the financial security of the State in the current conditions of economic and political challenges. It is noted that financial security is a component of national security, one of the most important components of economic security, and that such security is a guarantee of economic development and sustainability of the country, ensures the sovereignty and integrity of the entire country, as well as a decent standard of living for its citizens. The author characterizes the internal and external threats that affect the sustainability of the financial security of the State. Attention is drawn to the need for timely detection and prevention of threats affecting the sustainability of the financial security of the State. Threats to the financial security of the state have been identified, including: non-compliance with the principle of the rule of law; imperfection of public administration in ensuring financial security; inefficiency of the system of control over the expenditure of budget funds; ill-considered monetary and credit policy of the state; inefficiency of the tax system; corruption of state bodies and pressure on business; excessive deficit of the State Budget; «shadow» economy; growth of external debt; outflow of human capital and demographic crisis; irrational use of foreign loans and financial assistance. Reference is made to the interpretations of well-known Ukrainian scientists regarding the definition of the financial security of the state and threats to such security. Attention is paid to the relevance of the issue of threats to the stability of the financial security of the state in modern conditions, namely in global challenges, economic uncertainty and military conflicts. Phenomena and factors that can lead to the creation of external threats to national security in the financial sphere are listed. Special attention is paid to such threats to the sustainability of the state’s financial security as the rule of law and human capital. Statistical data on the departure of citizens abroad are provided. The main recommendations and ways to ensure financial security in the current conditions are proposed, taking into account the current threats to the sustainability of financial security.

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Publication Details

Journal
Analytical and Comparative Jurisprudence
Published
2025-07-04
DOI
https://doi.org/10.24144/2788-6018.2025.03.2.38
Primary Topic
Economic and Technological Developments in Russia
Type
article
Field-Weighted Citation Impact
0.00
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article

Threats to the stability of the state’s financial security

Д. В. Сакалюк
Analytical and Comparative Jurisprudence
Economic and Technological Developments in Russia
article

Threats to the stability of the state’s financial security

Д. В. Сакалюк
article en

Abstract

The article examines and draws attention to the issues and problems related to ensuring the financial security of the State, and pays attention to various threats to the stability of the financial security of the State in the current conditions of economic and political challenges. It is noted that financial security is a component of national security, one of the most important components of economic security, and that such security is a guarantee of economic development and sustainability of the country, ensures the sovereignty and integrity of the entire country, as well as a decent standard of living for its citizens. The author characterizes the internal and external threats that affect the sustainability of the financial security of the State. Attention is drawn to the need for timely detection and prevention of threats affecting the sustainability of the financial security of the State. Threats to the financial security of the state have been identified, including: non-compliance with the principle of the rule of law; imperfection of public administration in ensuring financial security; inefficiency of the system of control over the expenditure of budget funds; ill-considered monetary and credit policy of the state; inefficiency of the tax system; corruption of state bodies and pressure on business; excessive deficit of the State Budget; «shadow» economy; growth of external debt; outflow of human capital and demographic crisis; irrational use of foreign loans and financial assistance. Reference is made to the interpretations of well-known Ukrainian scientists regarding the definition of the financial security of the state and threats to such security. Attention is paid to the relevance of the issue of threats to the stability of the financial security of the state in modern conditions, namely in global challenges, economic uncertainty and military conflicts. Phenomena and factors that can lead to the creation of external threats to national security in the financial sphere are listed. Special attention is paid to such threats to the sustainability of the state’s financial security as the rule of law and human capital. Statistical data on the departure of citizens abroad are provided. The main recommendations and ways to ensure financial security in the current conditions are proposed, taking into account the current threats to the sustainability of financial security.

Analytical and Comparative JurisprudenceVol. 2(3)
Weatherford College (US)
Openalex Percentile: Top 64%
Economic and Technological Developments in Russia
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