Open AccessFISCAL SECURITY OF THE STATE: CONCEPTUAL BASIS FOR A NEW DIRECTION IN ECOSESTATE
Author(s) -
Aleksy Moldowan
Publication year - 2020
Publication title -
strategìčna panorama
Language(s) - English
Resource type - Journals
eISSN - 2616-9460
pISSN - 2616-891X
DOI - 10.53679/2616-9460.1-2.2020.10
Subject(s) - economic security , state (computer science) , government (linguistics) , critical security studies , public finance , security convergence , corporate security , sovereignty , national security , security studies , conceptual framework , economic system , economics , finance , network security policy , computer security , political science , public administration , computer science , macroeconomics , politics , information security , security service , economic growth , sociology , corporate governance , law , philosophy , algorithm , linguistics , social science
The article presents conceptual basis and outlines for a new direction in the ecosestate – fiscal security of the state. A range of vital conceptual problems have been addressed in the article, including defining the concept of the fiscal security, defining key terms, identification of status of fiscal security as scientific discipline in the ecosestate and distinguishing its institutional boundaries.
The author emphasises, that problems and dysfunctions of the public finance system can create dangerous threats to the economic security of the state. They undermine the stability and effectiveness of basic economic institutions, weaken the country's economic sovereignty as well as reduce financial resources for its development. The author provides update of basic definitions and introduces new ones to outline concept of the fiscal security. According to presented approach “fiscal security of the state” reflects a performance of the public finance system that enable government to carry out its functions and tasks effectively as well as to resist external and internal threats to the economic and social stability in the state.
Some provisions of the theory of economic security of the state have been revised, according to which fiscal security is being considered as part of the country's financial security. The author justifies the thesis, that public finance system itself is one of the crucial factors of the economic security of the state, therefore fiscal security should be considered as an autonomous component of the economic security of the state.
Based on the considerations outlined in the article two separate components of the economic security of the state are proposed to be distinguished – financial security and fiscal security. An internal structure of each component is introduced as well in the article, which allows to define their institutional borders.