The paradigm of the state regulatory policy

Abstract

Modern realities of the domestic economy define the need to explore trends, select tools and form mechanisms of regulatory policy. All this determines the expediency of studying the concept of regulatory policy, the ways to enrich it and define the trends in the paradigmatic foundations of the regulatory policy.The paradigm, including the regulatory policy, can be represented as a system which is characterized by theoretical laws, categories, standards, methods, and is practically oriented. The content of the concept of regulatory policy has been defined, the essence of the regulatory policy paradigm has been presented. The researchers' opinions concerning the essence of the regulatory policy paradigm have been reviewed, peculiarities of the paradigmatic manifestations in the Ukrainian society have been characterised. Three stages in the development of public policy have been determined, these stages being notable for the following features: the development of new regulatory legal acts and the definition of a state's new regulatory policy; legislative upholding of the essence, principles, mechanisms, methodologies of the state regulatory policy (legal regulation). It has been found out that the latest, the third stage of the modern governance development began in 2011. This stage of economic development is characterized by the globalization and integration into the world space and openness of Ukraine's economy. The goal of the regulatory policy has been defined as strengthening the integration ties of the national economy with the world economy and basing it on the principles of social partnership, trust, social responsibility of all actors. The main components and concepts of the paradigm as a methodological model of the analysis have been generalised and the complexity of the paradigm model of a state's regulatory policy has been noted to necessitate further investigation of factors and media impact, as well as practical mechanisms for implementing the regulatory policy.