Фінансово-кредитна діяльність: проблеми теорії та практики (Apr 2022)

INSTITUTIONAL AND LEGAL BASIS OF COUNTERACTING CORRUPTION: EXPERIENCE OF THE EUROPEAN UNION AND UKRAINE

  • V. Blikhar,
  • V. Syrovackyi,
  • Mariia Vinichuk,
  • Maryana Kashchuk

DOI
https://doi.org/10.55643/fcaptp.2.43.2022.3757
Journal volume & issue
Vol. 2, no. 43

Abstract

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The intensification of the challenges, threats and risks of the global financial and economic system and the unreadiness of national economies to resist their destabilizing effects lead to the formation of a new paradigm of the world economic order, an integral component of which is corruption. The spread of corruption in the global dimension intensifies the disparities in the structure of socio-economic systems and creates obstacles to the legal and socio-political system of the country, as this destructive phenomenon penetrates not only the public sector but also the economy, politics and society, and it significantly affects the quality of life of the population, which is manifested in the enrichment of a small proportion and the impoverishment of the majority of the population. The article defines the essence of corruption substantiates the relationship between corruption and the quality of life of the population. The economic and legal analysis of normative and legal support of counteracting corruption in the countries of the European Union and in Ukraine is carried out. A study of the dynamics of the Corruption Perceptions Index and the Quality of Life Index in the countries of the European Union and Ukraine during 2018-2021 is conducted. Based on multifactor (cluster) analysis using the k-means method, the grouping of the countries of the European Union and Ukraine by the Corruption Perceptions Index and the Quality of Life Index is carried out, which allowed to distinguish three groups among the countries of the European Union: (1) highly developed countries, which have a high quality of life and low levels of corruption; (2) highly developed countries which provide high quality of life, but corruption is high enough; (3) countries with a high level of corruption and a relatively low level of quality of life, including Ukraine. In order to ensure effective counteraction to corruption, the main measures to combat this destructive phenomenon have been proposed, the implementation of which requires the improvement of current legislation and its harmonization with international regulations.

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