VECTORS OF ECONOMIC DEVELOPMENT OF UKRAINE IN THE TERMS OF FINANCIAL SECURITY

Abstract

This article discusses the issue of the state financial security and its components. The study compares the essence of financial security from different points of view, identifies internal and external threats to financial security, and defines the main financial security components, such as budget security, currency security, monetary security, debt security, insurance market security and stock market security. The article examines the current state and role of financial security in the context of the national economic growth, and identifies the trends in the economic development of Ukraine in the long term. The authors analyzed the key indicators of financial security of Ukraine in 2011–2015. The paper demonstrates the calculation of the general indicator of financial security in Ukraine, defines the factors that lead to the negative impact on the state financial security and suggests the ways to improve the financial security under conditions of military conflict in the East and uncertainty in society.

Keywords

• financial security
• budget security
• currency security
• debt security
• insurance market security
• bank sector security.