FINANCIAL SECURITY OF A SMALL OPEN ECONOMY IN CONDITIONS OF GLOBALIZATION

Piotr Komorows ()
Additional contact information
Piotr Komorows: Department of Finance, Institute of Sociology Faculty of History and Social Sciences, Cardinal Stefan Wyszyński University in Warsaw, Poland

Economy and Sociology, 2018, issue 2, 48-54

Abstract: In the conditions of the globalization of economies the issue of financial stability, which is a condition for the economic security of the state, has acquired a special significance and is a very actual problem. The aim of the article is to determine the importance of the role of financial stability for maintaining the economic security and economic growth and to validate the role of the Safety Network Institution in maintaining stability. The article is a continuation and summary of the previous research in regard to the stability of the financial system and functioning of the Safety Network. The methodology of this research included source analysis of scientific literature and business reports as well as analysis of macro and micro economic data regarding the functioning of markets and financial systems. The obtained results highlight the importance of the institutional structure of the Safety Network, adequate regulation and effective supervision as key factors for maintaining financial stability which is a condition for long term financial security.

Keywords: financial security; economic security; national security; globalisation; safety network. (search for similar items in EconPapers)
JEL-codes: F52 F62 F63 G00 H56 (search for similar items in EconPapers)
Date: 2018
Note: UDC: 351.862.6+339.9
References: Add references at CitEc
Citations:

Downloads: (external link)
https://economy-sociology.ince.md/financial-securi ... ns-of-globalization/

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:aat:journl:345

Access Statistics for this article

Economy and Sociology is currently edited by Olga Gagauz

More articles in Economy and Sociology from The Journal Economy and Sociology Contact information at EDIRC.
Bibliographic data for series maintained by Iordachi Victoria ().