PUBLIC ADMINISTRATION TOOLS IN THE FIELD OF ECONOMIC POLICY IN UKRAINE

Abstract

This article examines the instruments of public economic policy in Ukraine. The methodological framework of the study is based on general scientific research methods such as analysis and synthesis, induction and deduction, and the systems approach. In addition, specialized legal methods were employed, namely: the formal-legal (dogmatic) method and the method of analyzing legal practice. Their application enabled a comprehensive analysis of the subject matter and the identification of problematic aspects in the use of public administration instruments during the implementation of Ukraine’s economic policy. The theoretical basis of the study consists of publications by domestic scholars dedicated to clarifying the essence and system of public administration tools and the specifics of their use in public administration within the economic sphere. The regulatory and legal framework of the study consists of Ukrainian legislative acts concerning the competencies and powers of public administration entities that carry out public administration in the implementation of Ukraine’s economic policy, as well as regulatory acts defining the nature and procedures for using specific public administration tools. The empirical basis of this study consists of information on the activities of public administration entities involved in public administration in the implementation of Ukraine’s economic policy. The study concluded that public administration instruments are the primary means of implementing Ukraine’s state economic policy, as it is through these instruments that public administration entities carry out their assigned tasks and functions and ensure the regulation of economic relations. Currently, this system is multi-component and includes: subordinate regulatory acts, administrative acts, administrative contracts, action plans, and the actual actions of officials and civil servants of public administration entities. From a practical standpoint, the main instruments of public administration in the implementation of Ukraine’s economic policy are administrative acts (permit, registration, control and supervisory, sanction, approval, quota, and distribution acts), as well as subordinate regulatory legal acts. The practice of using public administration instruments in the implementation of Ukraine’s economic policy indicates the dominance of a purely managerial approach to public administration in this sphere. It is not in line with the principles of good governance, which are recognized by the entire European community and focus on: participation in decision-making, transparency, timeliness, accountability of public administration, and so on. Furthermore, private individuals do not have complete information about the activities of public administration in this area of public administration; the reports published by public administration are uninformative and fragmented. In our view, this problem can be solved by strengthening the informational and explanatory work of public administration entities involved in public administration in the economic sphere. An important step in this direction is the introduction of summary reports by public administration, which will allow everyone to learn about the results of economic policy implementation for the calendar year.