PRINCIPLE OF PROPORTIONALITY IN ECONOMIC LAW

Authors

DOI:

https://doi.org/10.15407/econlaw.2019.01.003

Keywords:

Economic Code of Ukraine, principles of Economic Law, the principle of proportionalit, the principle of proportionality, restriction of rights, government regulation, market self-regulation

Abstract

The article draws attention to the fact that norms-principles as specialized norms are not an independent normative basis for the emergence of economic legal relations, but they form a single regulator in combination with others - regulatory and security norms of economic legislation. The necessity of developing the doctrine of its principles, including the principle of proportionality, and their consolidation in the General Provisions of the Economic Code of Ukraine, which will direct the legal regulation of relations in the field of management, will be substantiated. Legislative consolidation of the principles of economic law, that is, providing them with the form of imperative norms, will approximate them to regulatory norms and they will serve as a means to overcome the gaps in the legal regulation of relations in the field of management through the use of analogy. The article gives a general description of the principle of proportionality and its role in ensuring legal economic order in Ukraine, the basis of which is (the order) is the optimal combination of market self-regulation of economic relations of economic entities and state regulation. Attention is drawn to the fact that state regulation of macroeconomic processes, as the only possible alternative to market fundamentalism at this time, should be based on the provision of Part 2 of Art. 19 of the Constitution of Ukraine. Since, in some cases, state regulation is carried out through the establishment of regulatory prohibitions and restrictions, the importance of the principle of proportionality for assessing the validity of those restrictions of freedom of business, introduced by the state, is substantially increased and substantially increased. The essence of the principle of proportionality is determined by the category of restrictions on the rights of participants in relations in the field of economic activity, which are established by law, based on the need to ensure public interests in the field of management, and should be dimensional with the objectives of legal regulation.

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Published

2024-10-04

How to Cite

Belianevych, O. (2024). PRINCIPLE OF PROPORTIONALITY IN ECONOMIC LAW. Economics and Law, 52(1), 3–10. https://doi.org/10.15407/econlaw.2019.01.003