for ensuring the effective functioning of the economy and the market, which combines
the levers, norms, rules, structures, structuring the behavior of market agents in terms
of the state regulatory policy. The use by the state of the monopoly right to enforce
power constitutes the basis for regulatory action and forcing entities to comply with
the rules of socioeconomic behavior.
Competition is an objective-existing self-regulating mechanism in the
development of market economical systems, which ensures coordination of the
interaction of market agents in the exchange process. This is the main stimulus to the
scientific and technological progress and the continuous modernization of economic
systems, which is based on the adversity - the main catalyst of innovation.
CONCLUSION
Research and theoretical generalizations of the methodological provisions of the
conceptual foundations for the definition of the essence of world economic
development, regulatory mechanisms and innovations give grounds to assert that
Ukraine is at the turn of institutionalism and neoclassical synthesis and needs further
development of state regulation institutes today.
The methodology of regulation, its theoretical and practical bases, determines the
principles of regulatory influence of the state and market institutions on the interaction
of economic agents, which occurs in the conditions of limited resources and
competition for their use. Regulation of economic systems is an objective basis of their
sustainable development, rationality of economic interactions and the introduction of
innovations on a competitive basis.
The functional purpose of the regulatory mechanism is to translate into practice
the state policy of ensuring the development of the economic system in order to achieve
a certain goal that is necessary for society at the appropriate stage of its development.
Economic regulation - is a type, a form of regulatory policy to guide the actions
of economic actors in a certain direction, the formation of appropriate economic order.
It provides for certain economic norms, rules, structures, introduced by the state to
achieve the goals of society development.
The implementation of effective economic regulation - the objective necessity,
caused by the chaos of market interactions, as well as the institutional conditions for
the development of Ukrainian society, will contribute to a more rapid progress of the
country towards a social market economy.
BIBLIOGRAPHICAL REFERENCES
1.
D. Marten, Zh. Metszher, F. PIer. Sociology of Globalization. Transl. from
French Ye. Maricheva, "KM Academy", Kyiv 2005.
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