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Public Regulated Models for Business

Zyryanov Sergey M. and Kalmykova Anastasia V.

International Journal of Economics & Business Administration (IJEBA), 2020, vol. VIII, issue Special 1, 84-91

Abstract: Purpose: The purpose of this article is to clarify the "regulation" term meaning, to distinct between regulation and market, economic means of influence on social relations as well as the systematization of regulatory policy models implemented according to the legislation of the Russian Federation in comparison with models in other states, for example, the USA, the UK and other countries. Design/Methodology/Approach: The authors use methods of comparative law, the interpretation of legal conceptions and normative legal acts. The authors come from the prerequisite that the common objectives of regulating policy in different countries are connected with the similarity of regulatory policy models. However, different social and economic conditions and, that is no less important, regulatory traditions determine differences in integrative national regulatory policies in different countries. Findings: The authors suggest to consider regulation as a set of administrative and legal methods of influence on public relations connected with goods’ production, performance of works and service provision, this will exclude from the subject of different legal research methods. At the same time, due to legal systems peculiarities of the former USSR the administrative responsibility is absent in most countries as an independent type of legal responsibility should be included in the regulation. In accordance with significant feature of these countries’ regulatory policies regulating prospective forms that are not provided for by law may be implemented in law enforcement practice. Practical Implications: The results can be implemented in the legislation of the Russian Federation and other countries in order to improve the efficiency and effectiveness of the executive authorities’ regulatory activity. Originality/Value: The main contribution of this article is a comparative legal analysis of regulatory policy models in Russia, the United States, Great Britain and European countries, and the conclusions developed the modern administrative and legal theory of regulation.

Keywords: Regulation; regulatory policy; executive authorities; normative legal acts; control; administrative responsibility. (search for similar items in EconPapers)
JEL-codes: L9 (search for similar items in EconPapers)
Date: 2020
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Handle: RePEc:ers:ijebaa:v:viii:y:2020:i:special1:p:84-91