Global goods in the structure of public purpose goods
Journal Title: Вісник соціально-економічних досліджень - Year 2018, Vol 2, Issue 66
Abstract
The reasons for the existence of the public goods phenomenon are examined and the universal criteria for their classification are defined in the article. The contradiction between private and public interests, as well as the conflict of explicit and implicit needs are considered as the root causes of existence of classical public goods. It is proved that the objective consequence of these contradictions is the indifference of private business to public goods provision to the society, since the basic characteristics of public goods (non-excludability from consumption and non-rivalry) reduce private benefits in their production. Arguments in favor of the existence of global public goods are given, their place in the system of production of non-market goods is identified. The contradictions in the production of global public goods are highlighted; they include low profitability and high costs for ensuring conditions of «marketability», the absence of an effective regulator in the international arena, whose decisions would be binding for execution, the evasion of public goods consumer from payment for the intake. It is shown that the essential characteristics of the global public goods phenomenon and therefore the contradictions of their production are generated by social relations, which are manifested in the conflict between private, national and global interests. Creation of an effective model for the public goods production is carried out through the formation of a public mechanism for coordinating economic interests in the international space. The existing mechanism for the provision of global public goods, implemented through the activities of international organizations, generates the collective choice problem. It is proposed to solve this problem through the creation of supranational regulatory bodies that will take care of the regulation of those fields of activity that are the most sensitive in terms of the interdependence of economies of different countries.
Authors and Affiliations
Нanna Pylypenko, Vadym Horbanov
Keywords
Related Articles
- EP ID EP436827
- DOI 10.33987/vsed.2(66).2018.19-28
- Views 71
- Downloads 0
UNDP IN UKRAINE: TRENDS AND FINANCING MECHANISMS OF SUSTAINABLE DEVELOPMENT PROJECTS
In the article the features of UNDP funding of the sustainable development projects in Ukraine have been examined. It has been determined that UNDP activities in Ukraine are aimed at meeting the funding needs in financin...
Research of industry employees of the Kharkiv region work life quality state
The results of industry employees of the Kharkiv region work life quality evaluation are shown in the article. An example of mechanical engineering by such elements as: labour conditions, material stimulation and nonmate...
ECONOMIC SECURITY OF RAILWAY COMPANIES IN MODERN CONDITIONS
The article analyses theoretical approaches to definition of economic security in transport enterprises, summarizes and clarifies their content and scope. The evidence of influence on the railway sector safety is found i...
Modeling of corporate management processes in company
The article considers and analyzes modern approaches and models of corporate management in both Ukraine and the world. The information systems and technologies in the management of corporation are reviewed. The software...
REFUSAL TO CONTRACT IN THE PRE-CONTRACTUAL STAGE
The pre-contractual term suggests the idea of a precursory stage of a certain contact that the parties want to conclude. Under the principle of contractual freedom everyone has the opportunity to conclude or refuse to c...