Journal article Open Access

Consideration on National Security Threat and its Financial Dimension

Waszkiewicz, G.

Towards the large number of dangers to state security around the world we made an attempt to clarify the issue of instability approach within the political risk as well as to present its financial dimension.  Presented paper consists of some parts. Firstly, we elucidate the place of national insecurity within the political risk. Secondly, short description of drivers from instability approach was made. Thirdly, we reviewed the results of empirical tests scrutinizing the insecurity threats to financial market stability. Next, interdependencies between national insecurity and selected financial indicants were depicted. Finally, we drew some conclusions. We concluded that internal and external violence poses a threat to national finance. However, financial market vulnerability to this peril depends on country economic and financial development.

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