Determinants of Socially Oriented State Policy of Economic Relations Development

  • Iaroslav V. PETRUNENKO Department of Economic Law and Procedure National University ‘Odesa Law Academy’, Odesa, UkraineDepartment of Economic Law and Procedure National University ‘Odesa Law Academy’, Odesa, Ukraine
  • Oleg P. PODTSERKOVNYI Department of Economic Law and Procedure National University ‘Odesa Law Academy’, Odesa, Ukraine
  • Olha O. KULINICH Department of Intellectual Property and Civil Law Kyiv Institute of Intellectual Property and Law National University ‘Odesa Law Academy’, Kyiv, Ukraine

Abstract

At the present stage of development of economic systems, a multitude of countries around the world are focused on implementing such a regulatory policy of the state that would enable sustainable development and formation of a socially oriented type of market economy, where the main goal is to ensure the welfare and high living standards of the population. Thus, the purpose of the research in this article is to identify the determinants of socially oriented state policy for the development of economic relations, respectively, the subject is to determine the strategic priorities of such policy. To achieve this purpose, the article employs general theoretical and special legal methods of research, in particular, the dialectical method of scientific cognition allowed to trace the current trends in the development of national policy, the comparative legal method allowed to perform a comparative analysis of strategic priorities of national policy in foreign countries, which reached a significant level of socio-economic development, analytical method applied in formulating generalized and elaborate conclusions based on the research findings. Based on the results of the study, the author came to the conclusion that the modern socially oriented state regulatory policy is based on the current form of state government, which determines the political regime of the country and the legislative basis for regulating the economic relations of economic entities, which operate in accordance with the formed institutional environment in the country.

References

[1] Abramov, R.A., Mukhaev, R.T., Sokolov, M.S. 2016. To a question about the criteria and parameters of the effectiveness of the government in democratic countries. Journal of Advanced Research in Law and Economics, 7(6): 1248-1262.
[2] Bezpalov, V.V., Lochan, S.A., Sorokina, N.Y. 2016. Modernization of management of the regional economy as an instrument for solving tasks related to import substitution. Journal of Internet Banking and Commerce 21(6): 12.
[3] Halushka, Z.I. 2017. Social capital as a public good: problems of formation in the process of market transformation of the economy. Scientific Herald of Kherson State University, 27(1): 7-10.
[4] Herasina, L.M. 2015. The problem of choosing an effective model of democracy in state practice of modern Ukraine. Bulletin of the National University ‘Legal Academy of Ukraine named after Yaroslav the Wise’, 4(27): 94-105.
[5] Khadzhyradieva, S., Hrechko, T., Savkov, A. 2019. Behavioral insights in public policy: Ukrainian case. Public Policy and Administration, 18(1): 85-99.
[6] Khalets'ka, A.A. 2010. Contours of the social policy of the state contours of the social policy of the state. Public Administration: Improvement and Development, 2: 11-15.
[7] Kizdarbekova, A., Karibayeva, A. 2014. Legal mechanisms of competition protection in the CIS countries: The Republic of Kazakhstan case study. Actual Problems of Economics, 156(6): 92-99.
[8] Kogut, V.I. 2015. Factors of formation of models of social policy in the context of the problem of interaction between state. Theory and Practice of Public Administration and Local Self-Government, 4: 2-9.
[9] Kostruba, A.V. 2018. Legal regulatory mechanism of social relations for ensuring dynamics in civil relationship. Journal of Advanced Research in Law and Economics, 9(5): 1689-1695.
[10] Kostruba, A.V. 2019. The rule of law and its impact on socio-economic, environmental, gender and cultural issues. Space and Culture, India, 7(2): 1-2.
[11] Makushkin, S.A. 2019. Improving the efficiency of the corporation’s human potential reproduction. International Journal of Interdisciplinary Organizational Studies, 14(1): 19-35.
[12] Mel'nyk, A., and Makara, O. 2010. Mechanisms for the formation of a socially oriented national economy in developed countries. Journal of European Economics, 9(4): 421-441.
[13] Mishchenko, S., Naumenkova, S., Mishchenko, V., Ivanov, V., Lysenko, R. 2019. Growing discoordination between monetary and fiscal policies in Ukraine. Banks and Bank Systems, 14(2): 40-49.
[14] Mishchenko, S.V. 2009. Financial crisis influence upon realization of monetary policy by central banks. Actual Problems of Economics, 9(99): 209-218.
[15] Moskalenko, O.M. 2015. Social orientation of politics and possibilities of advanced economic development in Ukraine. Scientific Journal Economics of Ukraine, 6(643): 82-91.
[16] Pasichnyk, Yu.V. 2009. Criteria for a socially oriented economy. Available at: http://ena.lp.edu.ua/bitstream/ntb/7705/1/7.pdf.
[17] Piatkowski, M. 2013. A progressive growth strategy for Poland. Available at: https://library.fes.de/pdf-files/id/ipa/10341.pdf.
[18] Pomaza-Ponomarenko, A.L. 2016. Effectiveness of the implementation of the state social policy: methodological approaches to evaluation. Actual Problems of Public Administration, 2(50): 2-5.
[19] Rudenko, M.N. 2018. Mechanisms for development and realization of economic capacity of the regional population from the perspective of sociocultural approach. Journal of Advanced Research in Law and Economics, 9(2): 645-663.
[20] Sanchenko, S.P. 2013. Social-protective context of state social policy in the conditions of transformation of societies. Scientific Works of IAPM, 4(39): 192-194.
[21] Tokars'kyy, T. 2017. To the problems of social policy in Ukraine. Scientific Bulletin ‘Democratic Governance’, 2: 9-13.
[22] Ushakov, D.S., Khamzina, O.I., Karabassov, R.A., Zaiarnaia, I.A., Gnevasheva, V.A. 2018. Countries’ competitiveness as a factor of MNCs’ global expansion. Journal of Advanced Research in Law and Economics, 9(6): 2169-2175.
[23] Vyshnevs'kyy, O.S. 2014. Formation of socially oriented economy of Ukraine on the basis of state structural policy. Nauka.
*** EU/Georgia action plan. 2004. Available at: https://eeas.europa.eu/sites/eeas/files/georgia_enp _ap_final_en_0.pdf.
*** Freedom in the world data and resources. 2018. Available at: https://freedomhouse.org/report/freedom-world/freedom-world-2018.
*** Growth strategy Turkey. 2017. Available at: https://www.bundesfinanzministerium.de/Content/EN/Standard artikel/Topics/world/G7-G20/G20-Documents/Hamburg_Growth-strategy/TUR-Growth-Strategy.pdf?__blob=publicationFile&v=3.
*** Human development index. 2018. Available at: http://hdr.undp.org/en/2018-update.
*** Index of economic freedom. 2018. Available at: https://www.heritage.org/index/.
*** Ministry of Economy of the Slovak Republic. 2013. Strategy for smart specialisation of the Slovak Republic (RIS3). Available at: https://rio.jrc.ec.europa.eu/en/library/strategy-smart-specialisation-slovak-republic-ris3.
*** On approval of the state strategy for civic equality and integration and action. 2015. Available at: http://smr.gov.ge/Uploads/esen_55b90432.pdf.
*** Poland country strategy. 2018. Available at: https://www.ebrd.com/documents/strategy-and-policy-coordination/ poland-country-strategy.pdf.
*** Turkish grand national assembly. 2006. Ninth Development Plan (2007-2013). Available at: http://www.sbb. gov.tr/wp-content/uploads/2018/11/Ninth_Development_Plan_2007-2013.pdf.
*** United Nations development programme. 2018. Latest Human Development Index (HDI) Ranking. Available at: http://hdr.undp.org/en/2018-update.
*** World Bank. 2018. The World Bank in Turkey. Available at: http://www.worldbank.org/en/country/ turkey/overview.
Published
2019-09-30
How to Cite
PETRUNENKO, Iaroslav V.; PODTSERKOVNYI, Oleg P.; KULINICH, Olha O.. Determinants of Socially Oriented State Policy of Economic Relations Development. Journal of Advanced Research in Law and Economics, [S.l.], v. 10, n. 6, p. 1732-1740, sep. 2019. ISSN 2068-696X. Available at: <https://journals.aserspublishing.eu/jarle/article/view/4944>. Date accessed: 18 may 2022.