State policy of Russia in the sphere of financial regulation designed for minimization of the threats to financial security during the transition to innovation-based economic development

Abstract

© 2018. Financial security is one of the key components of economic security of a state in the modern conditions. Financial security is a concept, characterizing general state of a financial system and financial organizations, which guarantees observance of the national interests in the economy, as well as its balanced and sociallyoriented development. Exactly this fact makes the theme of financial security relevant for research as part of this paper. The main objective of the research is a relevant analysis of the Russian state policy connected with performance of the regulatory function in order to eliminate the threats for financial security of the country. A special attention to this policy is paid due to the transformation process of the Russian economy towards the innovation-based model of development. For proper analysis the authors used a set of theoretical methods and models. They have analyzed general state of the Russian economy's financial sector in the conditions of crisis and expenditure and deficit components of the federal budget. In the course of the analysis the measures were developed aimed at stabilization of the financial sector's state. It has been concluded that the most important goal of national economic security is the necessary level of macroeconomic stability of the state's economy.