Main directions of the state’s economic policy

• Published in: Науковий вісник Ужгородського національного університету. Серія Право Vol. 2; no. 89; pp. 16 - 20
• Main Author: Vashkovich, V. V.
• Format: Journal Article
• Language: English
• Published: 29.07.2025
• ISSN: 2307-3322; 2664-6153
• DOI: 10.24144/2307-3322.2025.89.2.2

It is indicated that state institutions perform a fundamental function in forming favorable conditions for entrepreneurial activity and ensuring the dynamic development of the national economy. Using a complex of regulatory mechanisms, state authorities are able to adjust pricing policy, control production processes, stimulate investment activity, support innovative initiatives and influence key macroeconomic indicators. An important mission of the state is to guarantee fair market relations, ensure effective protection of consumer rights from unscrupulous manufacturers and suppliers, as well as support healthy competition between market participants. In addition, the system of state intervention is aimed at overcoming acute social challenges, including reducing poverty, reducing unemployment rates and reducing disparities in the distribution of social wealth. The article considers modern approaches to state regulation of economic activity as a key mechanism for ensuring economic development and social stability. The role of the state in forming a favorable business environment, stimulating innovative activity and regulating key macroeconomic indicators is analyzed. Particular attention is paid to the functions of state regulation in ensuring fair competition, protecting consumer rights and solving socio-economic problems. The main goals of the state’s economic policy are investigated, including: stimulating economic growth, ensuring macroeconomic stability, promoting fair distribution of income and implementing the principles of sustainable development. The constitutional and legal foundations of Ukraine’s economic policy are considered and the specifics of its implementation under martial law are analyzed. The current challenges of state economic regulation are outlined, related to the need to mobilize resources for defense needs, implementing rapid recovery programs, complying with international financial obligations and ensuring budget sustainability. The relevance of international coordination of regulatory policy in the areas of intellectual property protection, antitrust regulation and environmental standards in the context of globalization of the world economy is substantiated.