European Cooperation (May 2019)

GLOBAL TRENDS IN MODERNIZATION OF STATE REGULATORY METHODS AND TOOLS IN ECONOMIC RELATIONS

  • Iaroslav Petrunenko

DOI
https://doi.org/10.32070/ec.v9i40.24
Journal volume & issue
Vol. 9, no. 40

Abstract

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In an inclusive society methods and tools of public administration in various spheres of legal relations, including the branch of economic relations, require modernization, particularly, in the direction of so-called deregulation. This means that the formation of state policy in the field of economic relations management should be conducted taking into account the private law interest of economic entities, as well as social and public interests, and based on the priority application of methods and tools of economic stimulation, other private law methods and models of public administration. Therefore, the purpose of this study is to identify global trends for modernizing of methods and tools of state regulation in economic relations, to determine the extent of its prevalence in the domestic state regulatory policy and to elaborate proposals for the development of deregulation processes in Ukraine. The following tasks were fulfilled for the realization of the stated goal: the formation features of the state regulatory policy were determined, considering the modern conditions; the priority and efficiency of application of private law methods and tools of stimulation in the state regulation sphere in economic relations were substantiated; the proposals for modernizing of methods and tools of state regulation in economic relations in the domestic legal system were formulated. As a result of the research, the author came to the conclusion, that the main direction in modernizing methods and tools of state regulation in economic relations is the optimal combination of stimulation methods, that is, private legal methods and methods of direct management influence on economic entities.

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