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The Main Approaches to Specifying the Content of Financial Security of Territories

https://doi.org/10.21686/2073-1051-2025-3-156-170

Abstract

In the context of sanctions pressure, overcoming imbalances in the concentration of finance at the regional and municipal levels of the budget system is one of the tasks of financial security. At the same time, there is still no categorical and terminological unity regarding the concept of «financial security» in Russian scientific research and legislation due to its interdisciplinary nature, the complexity of the category and relative novelty, dependence on the specifics of security entities, uncertainty of related terms, and the interest of authorities and business entities primarily in the practical aspect of security. The variety of interpretations of the concept leads to a further expansion of the conceptual and categorical apparatus, the subjectivity of assessment methods, and the lack of validity of ways to ensure financial security. The article presents the author’s understanding of the evolution of the concept of financial security using the example of domestic research. The main interpretations of the concept of financial security are highlighted and an assessment of the existing classification of approaches is given. A proprietary systematization of approaches to the concept of financial security is proposed. The transformation of the conceptual foundations of financial security is shown.

About the Author

Ya. V. Trofimova
Ufa Federal Research Center of the Russian Academy of Sciences
Russian Federation

Trofimova Yaroslava V., Cand. Sc. (Econ.), Associate Professor, Senior Research of Fellow of the Institute of Socio-Economic Research

71, Oktyabrya Av., Ufa, 450054



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For citations:


Trofimova Ya.V. The Main Approaches to Specifying the Content of Financial Security of Territories. Federalism. 2025;30(3):156-170. (In Russ.) https://doi.org/10.21686/2073-1051-2025-3-156-170

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