Work

Assessment of the level of economic security of the municipal formation

Year: 2025
Type: article
Abstract: The municipality, being the primary link in the local government system, is the fundamental basis for the socio-economic development of both the region and the country as a whole. Its ability to withstand internal and external challenges, rationally use available resources and ensure stable functioning of economic mechanisms directly determines the quality of life of the population and the prospects for long-term development of the territory. Local governments play a key role in ensuring the economic security of municipalities, implementing powers to manage municipal property, local finances, promoting entrepreneurship, attracting investment and implementing development programs. The methodology for assessing economic security proposed by Zh. A. Mingaleva, based on 12 indicators, allows for a comprehensive analysis of the economic, social and environmental spheres of the municipality, identifying crisis and pre-crisis conditions. Assessment of the economic security of a municipality using the methodology of Zh. A. Mingaleva showed a mixed state: safe in terms of budget expenditures, enterprise profitability, unemployment and emissions, but crisis and pre-crisis in terms of investments, asset depreciation, economic diversification, population income and environmental costs. The assessment allows us to identify key vulnerabilities in the municipal economic system; determine the potential for sustainable development of the territory; develop targeted measures to reduce economic risks and optimize management decisions at the local level. The results of the study confirm the need for regular monitoring of economic security indicators of municipalities as a tool for increasing the efficiency of local government and ensuring sustainable development of territories. The proposed methodology can be adapted for other municipalities, taking into account their industry and territorial specifics.
Language: English
Open Access status: hybrid
OpenAlex ID: W4415092644
FWCI:
Cites: 4
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