POLITICAL INSTITUTIONS REFORM AS A GUARANTEE OF ECONOMIC PROGRESS IN MODERN SOCIETY

Анотація

The article examines the role of political reforms in ensuring the economic security of the state amid global instability and internal transformations. Effective reform of political institutions is identified as a key condition for macroeconomic stability, an improved investment climate, risk reduction, and sustainable development. Stable political institutions ensure predictability in economic policy and foster trust among domestic and foreign economic actors.Special attention is given to anti-corruption policy as a crucial part of institutional transformation. The article highlights how corruption undermines economic security by distorting competition, reducing fiscal efficiency, and eroding public trust. The author stresses the need for transparent, accountable management of public resources, particularly through the digitalization of procurement and greater openness of public institutions.Judicial reform is analyzed as a basis for legal certainty, property rights protection, and a favorable investment environment. An independent judiciary reduces corruption risks, ensures fair resolution of disputes, and strengthens confidence in state institutions.Fiscal management reform is also considered essential for financial stability. Transparency in budgeting, modernization of tax authorities, and effective public debt management are emphasized as factors that help increase revenues, avoid crises, and build a predictable economic environment.

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