THE CONCEPT, ESSENCE AND ROLE OF REGULATORY POLICY INECONOMY DEVELOPMENT

Анотація

The article proves that the main controllers of the effectiveness of regulatory policy are independent analitical centres, business associations and other non-governmental organizations. As reasons for the low quality of legal support, it is noted the complete secrecy of public authorities from citizens during the submission, discussion and decision-making.The main task of the study is to analyze the experience gained and generalize the existing conceptual framework to determine the nature and role of regulatory policy in the development of a market economy.It was found that from the point of view of system analysis and methodology of functional modeling, the control system of the object of public administration is called the regulator and provides its adaptive properties through feedback. Since public administration organizations cannot physically regulate the activities of all business entities without exception in the manual mode, the regulatory framework at the macro level is the regulatory field. This determines the rules of the market, the rights and obligations of all parties, as well as the relationship between them. At the same time, in the frameworkof the implementation of state regulatory policy, the existing regulatory framework is in itself an object of management. The regulator, in this case, are state bodies endowed with these functions, in accordance with the Law of Ukraine.The work provides a complex dynamic system with several levels of government: the first level of government, directly represents the state regulatory activity, where the object is the regulatory field, and the regulator -government agencies; the second level of management provides socio-economic development in the desired direction, where the object is the national economy or its individual sectors, small businesses, etc. Accordingly, the regulator is represented by the existing regulatory framework. The future formalization of this approach in the definition of regulatory policy will establish a causal relationship between public administration and economic development and ensure the effectiveness of such activities. The scientific novelty of this work is the further development of the concept and role of regulatory policy in ensuring the effective development of the economic system based on the analysis of research results of domestic scientists, which in contrast to existing tools state regulatory activity and strategic development of the country.

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