Conceptual principles of formation of the state financial security system

Abstract

The article is devoted to the research of the conceptual principles of the state financial security system formation. The ambiguity in the approaches of scholars to the interpretation of financial security and the interpretation of its components, the lack of a clear definition of categorical-concept apparatus in this subject area in the current Concept of ensuring national security in the financial sphere in this subject area determines the relevance of the research topic and determines its target orientation. The purpose of the article is to evaluate theoretical approaches to the financial security of the state and to formulate its conceptual model on the basis of the systematic approach methodology. The basic theoretical approaches to the financial security of the state are defined as: 1) the subjective approach, which examines it from the standpoint of realization of the unidirectional interests of the main subjects of financial relations that contribute to the growth of the financial potential of the state; 2) the objective approach, which defines financial security in the context of financial flows (resources, sources) that permeate the entire financial system of the country; 3) the institutional approach from the point of view of financial security studies at the level of institutions and bodies that are capable of ensuring the stability of the economic development of the state; 3) the systematic approach focused on the formation of levels and subsystems of the financial system of the state, which provides for their uniform development with the accepted level of financial security. The methodological basis for the study of financial security is the author's system approach, which is due to the importance of its study as a complex interconnection of individual subsystems, levels, and elements of the system, which will allow achieving a positive system effect. The author forms the conceptual framework for the formation of the financial security system, which consists of three interconnected subsystems: 1) the functional-purpose one that contains principles, purpose (strategic and operational), objectives and functions of the financial security system; 2) the subject-object one (levels, entities and financial security entities, differentiated by dedicated levels); 3) the security subsystem that contains personnel, regulatory, methodological, organisational and information support. The prospects for further research should be linked to a detailed study of the elements of the proposed structure and to determine the systemic effect of their interaction.

Keywords

• financial security
• state
• financial security system
• threats