Economic development and public welfare in the system of public relations of foreign countries (comparative-historical approach)
Year: 2025
Type: article
Abstract: The study discusses the scientific directions that determine the attitude to the effective use of public goods in foreign countries, if necessary, its redistribution in the case of a choice between individual (private) and public benefits. Based on the application of a comparative historical approach, the study proves the existence of a link between economic development and the public good. The method is used to describe the neoliberal transformation of law. Attention is focused on the impact of income when making decisions about the redistribution of goods and is determined by their intermediate location at the intersection of economics, politics and social relations. During the discussion, the opinion is substantiated that economic development is not always a public good, since in many cases it reduces the income of private owners. It is concluded that the public use of a good (asset) should not be reduced to private benefit. The question of the legitimacy of the claim that the state contributes to the public good when it regulates their use is formulated. Redistribution of benefits is considered in the context of using state power to achieve the goals of redistribution of benefits, which cannot be achieved in any other way. The thesis is put forward that the state applies the law as a justification for the redistribution of benefits in the interests of satisfying public-private interests. This thesis explains how the law and the state are subordinated to private interests. A comparative historical approach has been used as a methodological basis, which makes it possible to identify patterns of legislative development in response to social changes in the historical context and changes in legislation related to the development of the concept of public utility. The approaches used in economics, sociology, and political science in the study of public relations present different but equally convincing points of view on the problem under study, which makes it necessary to further study the problem of effective use of the public good.
Source: Theoretical economics
Authors: Stanislav Elkin, Irina Reutova, Olga Elkina
Language: English
Subfield: Economics and Econometrics
Domain: Social Sciences
Open Access status: hybrid
OpenAlex ID: W4416922173