METHODICAL APPROACHES TO ASSESSING THE ECONOMIC SECURITY

State security serves as an integral indicator of the effectiveness of the country's development and is determined by a set of components that reflect the productivity of the functioning of the state. The article analyzes the state security of the Republic of Belarus. Each component reflects the real state, dynamics, development prospects and determines the account of the influence of factor groups. Therefore, in order to quantify the level of security, it is necessary to define an indicator complex, which allows to form a vector of development of the investigated field of activity. The integral level of economic security of the regions of the Republic of Belarus is determined. The article attempts to qualitatively assess the level of economic security of internal and external segments of the country, phased ranking of the achieved safety index, as well as a vector description of developed and backward areas of the country's functining. In the framework of this study, taking into account the detailed study of each component of general state security, the evaluation tools were tested on the most important component determining the country's development vector-economic security. The proposed methodological tools provide an opportunity to assess the level of economic security of the country, cross-country comparisons, criteria for grading security levels-based on the selected set of unified indicators, which allows to determine the strengths and weaknesses of the realized vector of economic development, acting as a basic concept of general state security. (C) 2019 Published by Future Academy www.FutureAcademy.org.UK