economic activity; economic crisis; martial law; pandemic; special economic regime; Business activities; Condition; Economic activities; Economic crisis; Financial sectors; Legal regulation; Martial law; Natural disasters; Pandemic; Special economic regime; Control and Systems Engineering; Signal Processing; Computer Networks and Communications
Abstract :
[en] This article explores the problems of conducting business in conditions that differ from generally accepted standards and norms. Special conditions may include situations such as economic crises, natural disasters, martial law, or other circumstances that affect the normal conduct of business. The study defines the concept of “special conditions”, considers the problems of legal regulation and legislative consolidation of the rules that can be applied in these situations, as well as assesses their effectiveness and possible shortcomings. In addition, the paper improves the understanding of the impact of special conditions on various sectors of the economy, including industry, the financial sector, agriculture, and small and medium-sized businesses. Possible strategies for adaptation and survival of Ukrainian business entities in such conditions are analyzed, considering their social and economic responsibility. The article identifies the peculiarities of economic activity in the context of the introduction of special economic regimes of a restrictive and incentive nature, during a pandemic and martial law. The authors identify the shortcomings of the current mechanism of legal regulation of economic activity in crisis conditions and provide proposals for improving this regulation in order to ensure the stability and sustainability of the economic system in unforeseen circumstances.
Disciplines :
Finance
Author, co-author :
KRAVTSOV, Serhii ✱; University of Luxembourg > Luxembourg Centre for European Law (LCEL) > LCEL Research
Stanislav, Sieriebriak ✱; State Institution Mamutov Institute of Economic and Legal Research of the National Academy of Sciences of Ukraine, Kyiv, Ukraine
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