Abstract
Purpose: This paper analyzes the financial stability, the reasons for the low level of financial stability and their impact on the national security of Ukraine. Design/Methodology/Approach: By observation, monitoring of causes and effects of financial stability. Findings: The study found that the main financial stability issues that affected national security in Ukraine were the ineffective regulatory legislation, the high level of distrust in the financial sector, the low growth rates of securities, the high level of credit rates. Also the fact that the financial sector is not capable of securing redistribution of funds in the Ukrainian economy, inefficient use of deposits by the banking sector, insufficient capital of the banking system, low dependence of the banking system on market activity, low level of ability of banks' own capital to cover losses. At the same time banks were exposed to the risk of insolvency of non-financial corporations with insufficient level of money market security and monetization in Ukraine. Practical Implications: A number of problems that negatively affect national security have been systematized. Measures have been developed that will contribute to the development of the financial sector. Originality/Value: With this article we show that the financial stability of the state, its financial dependency / independence can significantly affect national security, economic security, social security, scientific and technological, military and other types of securities.
Highlights
National security includes a number of components, including economic security
The financial security of the state is a component of economic security, which is determined by budgetary, tax, investment, monetary, debt and other policies, including the development policy for the financial markets
Financial security is a state of the financial system of a country under which the necessary financial conditions for stable socio-economic development of the country are created, its stability to financial shocks and imbalances is ensured, conditions are created for preserving the integrity and unity of the country's financial system
Summary
National security includes a number of components, including economic security. The financial security of the state is a component of economic security, which is determined by budgetary, tax, investment, monetary, debt and other policies, including the development policy for the financial markets. Financial security is a state of the financial system of a country under which the necessary financial conditions for stable socio-economic development of the country are created, its stability to financial shocks and imbalances is ensured, conditions are created for preserving the integrity and unity of the country's financial system. Financial security includes banking security, non-banking security, debt security, budgetary security, and monetary security. On the one hand, by the policies of the financial system regulators to which Ministry of Finance of Ukraine, National Bank of Ukraine primarily belong, and, on the other, the efficiency of the country's financial institutions and non-financial institutions
Sign-in/Register to view highlights & summary Sign-in/Register to access full text options 
Free) 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a call
