FOREIGN EXPERIENCE OF INSTITUTIONAL SECURITY SECURITY IN THE ECONOMIC SPHERE

Abstract

Abstract. The article emphasizes the need to improve legislation on the basis of foreign experience in terms of the legal status of control and audit bodies (ambiguous definition of their tasks and functions, unclear establishment of powers, contributes to improper implementation of control in the development of the economy of our country), which affects the provision of economic and financial security. It was emphasized that in the modern world the economic component is gaining more and more importance for the proper functioning of the country and ensuring its stability. The country’s economy and the economic rights of citizens protected by the state are a reliable basis for further growth and development. The development of any sphere of state activity requires the study and adaptation of the best world practices to national experience, and this also applies to state policy in the field of economic security. In today’s conditions, when a significant number of offenses committed in the state have a negative impact on the state’s economy, such activity acquires special importance, since it is much more profitable for the state to prevent a violation, to prevent it, than to apply punishment to those guilty of its commission. The foreign experience of regulation and implementation of national state economic development policies in the context of their institutional support was considered, which proved that such a system cannot be built arbitrarily, but according to a clear algorithmic strategic priority. In the process of updating domestic legislation and reforming the institutional component, it is important to carefully combine practice-tested and effective domestic achievements with standards established in the legal systems of other countries. It is impossible to fully transfer the experience of control and audit services of foreign countries to domestic law enforcement practice. However, knowledge about the development of control in the economic sphere, as well as the study of positive achievements, will significantly affect the creation of an effective domestic system of institutional security in the economic sphere.