Formation of Threshold Values of Safety Indicators of Economic Development of the Region (On the Example of the Republic of Komi)

Abstract

The article discusses and analyzes the approaches available in science to the formation of threshold values of indicators of economic security. The author conducts a comparative study of the existing methods for determining threshold values, examines the advantages and disadvantages of each of the approaches. On the basis of the study, the threshold values for seven indicators of the security of the economic develop-ment of the region are substantiated. Further, the indicative system presented in the work is tested on the example of the Komi Republic using the indicators highlighted by the author and their threshold values using a specially developed technique based on the synthesis of the minimax approach and the indicative method, diagnostics of the state of security of economic development is carried out, the main threats arising in this area are highlighted. The application of the approach proposed in the work to the formation of threshold values of indicators, as well as the methodology used to assess threats, made it possible to diagnose threats that pose a significant danger to the development of the regional economy. The results obtained can be used by public authorities when they carry out activities to monitor the state of the region's economy.