New Safety Standards as a «Product» of Liberal Economy
Dmitriy A. Pospelov ()
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Dmitriy A. Pospelov: Budget and Treasury Academy of the Ministry of Finance of the Russian Federation, Moscow, Russia
Finansovyj žhurnal — Financial Journal, 2011, issue 2, 77-86
Abstract:
The article author examines the Russian legislation related to technical standard elaboration and identifies the key issue that should be addressed today. The fact is that today the concept of safety that should be seen as an absolute is described in the safety requirements as a relative concept in terms of the probability theory. Thus, the safety requirements and standards actually turn into the “acceptable accident rate standards”. He then makes a conclusion that the high accident rate in this country is intertwined with the gaps in the relevant legislation.
Keywords: technical objects and the accident rates; security; damage; technical standards (search for similar items in EconPapers)
JEL-codes: L52 L53 (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:fru:finjrn:110207:p:77-86
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