Financial stability in conditions of economic turbulence

Abstract

The realities of the last two decades have demonstrated how fragile the financial system is and how difficult it is to achieve stability. This is a headache for the authorities, as it affects the main litmuses of economic growth, and the real economy in particular. As we all know, financial crises affect directly proportionally on the stability of macroeconomic indicators and the result is an inertial deterioration of the steadfastness of the financial block in a spiral. In this connection, central banks of all sovereign central banks ignore the development bar of development, develop their financial stability strategies. The purpose of this document is to achieve the set goals and governments spare no financial resources to track potential threats to the stability of their financial systems.

The importance of studying this issue is due to the high turbulence of the processes that occur on and off the territory the country. As one of the requirements of economic security is to ensuring steadfastness of stability. A close object is to this in the strategic documents of Kazakhstan, in particular in the Strategic Development Plan of our country until 2025.

Comparing the factors and litmuses of the steadfastness of the financial block at the state level, we have outlined in this paper an approach to the analysis of the monetary block. Defining the conceptual apparatus of financial stability, its main elements are described in detail. The endogenous and exogenous factors of such stability are clarified, an attempt is made to concretize a set of indicators.