Risks and threats to the security of the public finance sector of Ukraine

Risks and threats to the security of the public finance sector of Ukraine. (2013). National Academy of Sciences of Ukraine, SO "Institute for Economics and Forecasting of the NAS of Ukraine". Kyiv [in Ukrainian].

The analytical report examines the theoretical aspects of the identification of risks and threats to the security of the public finance sector. On the basis of the systematization of existing theoretical and methodological approaches, a fundamentally new conceptual model of risk identification of such security is substantiated in modern conditions, which involves differentiation of risks on long-term and current, and also takes into account the impact of financial markets on the level of such security. On the basis of the mathematical model, a formalized approach to assessing the risk assessment of the security sector of public finances is developed. Attention is emphasized on the threatening trends of the state's debt dependence and the related risks of the security of the public finance sector of Ukraine. On the basis of the developed conceptual model, internal threats to the security of the public finances of Ukraine are determined and their impact on the risks of lack of public revenues and the increase in public spending are evaluated.

The impact of the state finances of the real sector on the level of security of the public finance sector of Ukraine is investigated. The main risks of security of the public finance sector of Ukraine at the present stage are determined and specific practical policy measures to minimize them are offered.

For scientists, teachers and students, employees of executive bodies, as well as the general public, who are interested in issues of stability of public finances.