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Risk management in the general government sector: Discussion issues of theory and practice

Vol. 15, Iss. 4, APRIL 2019

Received: 25 December 2018

Received in revised form: 19 January 2019

Accepted: 9 February 2019

Available online: 15 April 2019

Subject Heading: ECONOMIC SECURITY

JEL Classification: H00, P50, R50

Pages: 745–760

https://doi.org/10.24891/ni.15.4.745

Arkad'eva O.G. I.N. Ulianov Chuvash State University (ChuvSU), Cheboksary, Chuvash Republic, Russian Federation
knedlix@yandex.ru

https://orcid.org/0000-0003-4868-2365

Berezina N.V. I.N. Ulianov Chuvash State University (ChuvSU), Cheboksary, Chuvash Republic, Russian Federation
study.2011@yandex.ru

ORCID id: not available

Subject This article discusses the issues of transformation of the public administration system in the context of global challenges.
Objectives The article aims to highlight and generalize factors, conditions and trends that form the conditions for implementation, development and practical application of risk management tools in the public administration sector, and specify these processes for Russia.
Methods The article conducts a comparative analysis of foreign and Russian scholars' research results concerning the issues of risk-management development in the public administration sector.
Results The article identifies the reasons for the need to form a risk management mechanism in the public administration sector and describes the peculiarities of factors influencing the key performance characteristics of risk management in Russia.
Conclusions The introduction of risk management in the public administration sector is a natural, evolutionary conditioned process that arises at the present stage of social development in order to form an effective mechanism to counteract the major threats and challenges.

Keywords: general government, risk factors, risk management, systemic risks

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