October 13, 2025FederalismOpen Access

The Main Approaches to Specifying the Content of Financial Security of Territories

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This article analyzes interpretations of financial security in regional budgets, suggesting classifications and addressing uncertainties.

The article highlights that the lack of consensus on financial security hampers effective assessment methods.
Different interpretations of financial security lead to confusion and subjective evaluations in the budget system.
A proprietary systematization of approaches to financial security is proposed to enhance clarity and applicability.
The evolution of the concept of financial security reflects its interdisciplinary nature and practical implications for authorities.

Ya. V. Trofimova (2025) studied this question.

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