DIAGNOSTICS OF THE LEVEL OF FINANCIAL SECURITY IN THE REGION: EVALUATION AND COMPARATIVE ANALYSIS ISSUES

The article deals with topical issues of assessing the level of financial security of regions in modern conditions of socio-economic development. The authors conducted a comparative analysis of existing approaches to identifying the main elements of the financial security system of regions, as well as indicators used for quantitative assessment, which served as the basis for the development of theoretical and methodological aspects of the assessment, as well as the proposed algorithm for studying financial security at the level of individual regions. What distinguishes the proposed tools from the existing approaches is the use of a generalized system of indicators, the initial data for the calculation of which can be quickly systematized from publicly available information sources. To further develop the proposed tools, it is possible to use the method of rating assessment and taking into account the significance of the selected structural elements of the financial security system of the region based on expert assessment methods. In the main part of this research work, the proposed system of indicators and their threshold values are tested based on the materials of the Bryansk region and the strategic problems of ensuring the financial security of the region are highlighted. The thesis is put forward that the proposed methodological approach can be used for conducting interregional comparisons, since it is based on statistical data and eliminates the influence of subjective factors on the resulting performance indicators. In conclusion, it is stated that the proposed tools can be successfully used in the practice of Russian regions for timely identification of challenges and threats to financial security in the context of their strategic development.

Bryansk region, budget element, monetary and inflationary element, investment element, criterion, assessment, production and corporate element, indicator, regional development, social element, structure, level of financial security of the region, financial security, financial differentiation, element of financial security

Kulagina N. A., Terekhova A. A., Nadezhina O. S. Diagnostics of the level of financial security in the region: evaluation and comparative analysis issues. Business. Education. Law, 2021, no. 4, pp. 152—158. DOI: 10.25683/VOLBI.2021.57.464.