A LEGAL MECHANISM FOR REGULATING THE DIGITAL ECONOMY

  • Tatiana V. Shatkovskaya Russian Presidential Academy of National Economy and Public Administration, Rostov-on-Don
  • Tatiana V. Epifanova Russian Presidential Academy of National Economy and Public Administration, Rostov-on-Don
  • Natalia G. Vovchenko Russian Presidential Academy of National Economy and Public Administration, Rostov-on-Don
  • Nikolay G. Romanenko Russian Presidential Academy of National Economy and Public Administration, Rostov-on-Don
Keywords: law, digital economy, positive law, legal mechanism, regulation, legal methods, legal means, the operation of a legal norm

Abstract

This article examines the societal affairs arising from the digital economy and how these influence the system of state regulation. The authors propose and justify a structural model of a legal mechanism to regulate the digital economy based on results of a critical analysis of Russian Federation and European Union experiences. The research indicates the need to include both centralized and decentralized elements in a mechanism for such regulation and to reconcile these elements by balancing the legislative potential of private entities and the conservative justice approaches of legislators.

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Published
2018-09-27