Page 85 - Azerbaijan State University of Economics

THE JOURNAL OF ECONOMIC SCIENCES: THEORY AND PRACTICE, V.70, # 2, 2013, pp. 80-98

Under the state-legal regulators we understand legislation or other regulatory document of

state or other authority authorized by its adoption, establishing or changing conditions (rules,
regulations, procedures) of relations between participants of socio-economic and social processes.

It may be asked whether to complicate the notion of “regulator” by its interpretation as a state-legal.
In our view there are two explanations of this. The first - the presence of a combination of “state-

legal regulator” of legal form (laws, decrees, regulations) characterizes regulator as the State and
required to be done . Second - this legal aspect allows, in our opinion, to separate political power, as

responsible power to people, from political power, which is able to offer people options and models

of social development and to persuade it to their progressiveness.
The list of state-legal regulators the main (basic) is the Constitution of the Russian Federation,

the laws and regulations of legislative decrees and other legal acts of the President of Russia,

resolutions and other normative acts of the Government of the Russian Federation (standards,
regulations, tariffs, etc.) and also the normative acts of the Federation subject government, municipal

authorities and market actors [The Constitution of the Russian Federation: the 15th anniversary of the
adoption of the Basic Law: Texts. Comments. 2009 p.89-97; Yakovlev V.F. 2003 p.332-344;

Tatarkin A.I. 2012 p.20-29; Mamutov V.K. 2008 p.17-96, 227-249; Belyh V.S. 2011p.166-218].
The assessment of social importance of state-legal regulations

The current processes of globalization inevitably gave rise to the need for individual

countries to improve the competitiveness of the national economy through its restructuring and
modernization on the basis of advance innovative solutions. Even under the conditions of the most

liberal notions of self-regulation of market relations, the role of the state as a “generator “ and
“conductor” inside the country and world transformation changes is naturally increased. And it

was increased by the development and implementation of SLR that are ensured the most favorable
conditions for business and competition at the national and international markets. State-legal

regulators are known to be a threefold impact on socio-economic and social development. They are

able to contribute to their development, minimizing organizational and institutional barriers and
“congestion” on their way, becoming an economic benefit (EB) for all social progress.

They are able to restrain their development shortcomings of existing regulators and timely

updating them . Finally, SLR can put some barriers on the thorny path of socio- economic and social
development of weak scientific drafting, particularly in the achievement of socially significant result.

Figuratively, this property of SLR was identified by V. Chernomyrdin expression: “We wanted the

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