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Economic Analysis: Theory and Practice
 

State Regulation of Foreign Trade Activities. Composition of the System's Functional Tasks

Vol. 16, Iss. 9, SEPTEMBER 2017

PDF  Article PDF Version

Received: 20 April 2017

Received in revised form: 14 July 2017

Accepted: 18 August 2017

Available online: 29 September 2017

Subject Heading: MANAGERIAL ANALYSIS

JEL Classification: F13, H11

Pages: 1739–1758

https://doi.org/10.24891/ea.16.9.1739

Oleinik S.P. National Research University of Electronic Technology, Moscow, Russian Federation
0111959sp@mail.ru

Matyna L.I. National Research University of Electronic Technology, Moscow, Russian Federation
dci@miee.ru

Subject The article addresses the organization and operation of the modern system of State regulation of foreign trade activities.
Objectives The study aims to identify the essence, characteristics and specifics of State regulation of foreign trade activities.
Methods We review relevant literature on the analysis of external trade function. The study rests on systems approach, synthesis and generalization, logical analysis, and management theory elements.
Results We describe the process of State regulation of foreign trade from the conceptual, structural and functional perspective. We show that regulation is implemented through norm-setting, control measures and legal liability being imperative conditions for foreign trade operations. The administrative type of relationships, which forms the legal basis of the system, predetermines a number of fundamental characteristics of its functioning, including negative ones that reduce the efficiency of the regulatory process.
Conclusions and Relevance To ensure efficient operation of the system, which is based on the conflict of interests of the State regulator and participants of foreign economic activities, it is important to have adequate legal framework and limit the role of the infrastructure of control that distorts the results of the regulation.

Keywords: State regulation, foreign trade, infrastructure, control, adoptive system

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