The Problems of Financial Security of Modern Russia

Abstract:

Description of the main objective of research. In recent years, the problem of economic security has been acute for most countries, which is connected with a series of trade wars that have swept the world. In Russia this problem is especially topical due to the events of 2014 and the subsequent sanction confrontation with the US and the EU. The most important elements of economic security are related to the financial aspects and in this article they are looked upon as financial security. The article considers the goal-setting in the field of financial security and the main problems in this area in modern Russia. 

Short description of methodology. The methodology is based on the data of macroeconomic and banking statistics within the period from 1995 to 2018. In our research, a number of macroeconomic indicators, bank indicators and coefficients are studied, and their correlation is analyzed. Compilation of the most important research results and their significance. In the course of the research, the concept of financial security was formulated, which is regarded as an integral element of economic security. As a result of the analysis, the main problems in the field of financial security of modern Russia were identified.