DESIGNING INSTITUTIONS FOR ECONOMIC SECURITY IN THE BANKING SECTOR
Abstract and keywords
Abstract:
Relevance is due to the search for tools to ensure the economic security of the banking sector in the face of growing environmental uncertainty. The goal is to determine the role of institutional design in preventing and neutralizing threats to the economic security of the Russian banking sector. A content analysis of scientific publications on the content and functions performed by institutions in the banking sector was carried out. The result is the thesis on the need to develop and implement projects for the formation of new and modernization of existing institutions, taking into account their functions to ensure the sustainable development of the banking system of the Russian Federation. Particular attention is paid to a comparative analysis of theoretical and methodological approaches to the analysis of the institutional environment, which made it possible to determine the need to integrate institutional design tools into the system of ensuring the economic security of the banking sector and its constituent organizations. The difference between the author's position is the analysis of transaction costs as an indicator of the effectiveness of tools to ensure the economic security of the banking sector.

Keywords:
economic security, banking sector of the Russian economy, institutional design, formal and informal institutions, institutional environment effectiveness, transaction costs
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