Stress-testing of risk financial security of regional economic development

Abstract

This article is about stress testing method for forecasting of probability of occurrence of risk reveal. There are types of possible stress tests and scenarios for forecasting of occurrence of risks allocated in the research. The financial potential of the region is considered as a set of regional resources of budgetary, credit and investment systems that ensure sustainable regional development. Therefore, one of the serious issues in the research of the impact of risk on regional economic development is a question of assessment of risk cost of losses of the regional resource base, i.e. the regional financial capacity. Keywordsrisk, stress testing, scenario analysis, risk management