Finance and Credit

Developing the methodology to assess the Russian financial market security in current conditions

Vol. 24, Iss. 6, JUNE 2018

Received: 28 March 2018

Received in revised form: 16 April 2018

Accepted: 30 April 2018

Available online: 30 June 2018

Subject Heading: Financial system

JEL Classification: H11, G7, G38, O16

Pages: 1469—1481

Loktionova E.A. Baikal State University, Irkutsk, Russian Federation

Subject The article considers challenges related to methodology development to assess the financial market security in the context of Russia's economic and national security.
Objectives The aim is to develop a methodology for assessing the security of Russia's financial market.
Methods The study employs general scientific methods of analysis and synthesis, analysis of economic and statistical information using the systems approach.
Results The paper clarifies the concept of financial market security, formulates methodological principles of comprehensive assessment, and underpins the need for the system of quantitative indicators of the level of the national financial market security. To improve mechanisms to monitor and assess the security level of the Russian financial market on the basis of selected principles, I propose a six-stage algorithm.
Conclusions and Relevance It is important to further develop methods of comprehensive quantitative assessment of the security level of the country's financial market to ensure its economic and national security.

Keywords: financial market, financial market security, financial security, sustainability, stock market


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Vol. 24, Iss. 6
June 2018