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Politics and Society
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Saidov Z.A. The Mechanism of Administrative and Legal Regulation of Economy

Abstract: The article focuses on the problems of legal and organisational nature related to the administrative and legal regulation of the modern economy. The author conducts a theoretical and legal analysis of the mechanisms and concepts of legal regulation of economic relations from the point of view of administrative and legal regulation of public and private sector. The author discusses the notion of state regulation of economy. Special attention is paid to the elaboration of methods and methodology of administrative and legal influence on economic relations. In addition, the article presents a theoretical and legal analysis of concepts of development of law and economics at the present stage. The author considers the interpretation and legal regulation of these categories.  The methodological basis of the article is comprised by recent achievements of the theory of knowledge. The study used general philosophical, theoretical, philosophical methods (dialectics, systems method, analysis, synthesis, analogy, deduction, observation, modelling), traditional legal methods (formal logic), as well as methods used in sociological research (statistical methods, expert evaluation, etc.). The main conclusion drawn based on the results of the study is that it is necessary to improve forms and methods of administrative and legal influence on state and private sectors of the Russian economy to ensure law and order in the sphere of economics at the present time. The main contribution made by the authors in this article is the need for the development of administrative and legal regulation of the economy. The novelty of the article lies in the elaboration of proposals for the development of forms and methods of state regulation of the economy, and the creation of legal and institutional guarantees for the rule of law in the economy of our country.

Keywords:

growth, economic, sector, regulation, mechanism, right, impact, state, economy, inflation

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