FINANCIAL ASPECTS OF THE REGION’S ECONOMIC SECURITY MECHANISM

Author:

A. A. Korableva,
Candidate of Science in Economics,
Head of the sector of research methods for the development of regions,
Omsk Scientific Center SB RAS,
15 Karl Marx ave., Omsk, 644024, Russian Federation;
Associate Professor of the Finance and Accounting Department,
Financial University under the Government of the Russian Federation,
6 Partizanskaya st., Omsk, 644099, Russian Federation
ORCID ID: orcid.org/0000-0003-4453-9748
Scopus Author ID: 57199327604
РИНЦ Author ID: 214697
e-mail: aakorableva@bk.ru

Abstract:

Introduction. The level increase in economic security is impossible without financing appropriate actions and mechanisms. The purpose of the article is to justify the key role of state programs as a way of financial support for regional economic security.
Materials and Methods. During the study, methods of comparison and trend analysis to assess the volume and dynamics of financing state programs of Omsk region over the period of 2014-2017 are used. Using the induction method, we draw a conclusion of applicability of state programs to finance regional security measures.
Results. The article identifies the main areas of financing state programs of Omsk region. The prob-lems of underfunding for a number of sources of financial resources and key events of the state programs are shown.
Conclusions. The conclusion about the role of state programs as a financing method of actions for provision of the economic security of the region is drawn. The necessity of the regional strategy for eco-nomic security as a basis of a regional investment and budgetary policy is shown.

Keywords:

Financing, state program, expenditure commitments, economic security of the region, Omsk region.