Implementation of Human Economic Rights in Transition States

• Main Authors: Olena H. Kozynets, Alla G. Nitchenko, Oleksandr M. Holovko, Svitlana O. Shestakova, Leonid L. Tarasenko
• Format: Article in Journal/Newspaper
• Language: unknown
• Subjects: Iceland
• Online Access: https://www.ijeba.com/journal/548/download

Purpose: To determine the level of implementation of human economic rights in countries in transition, to establish causal links between the level of economies of transition states and the implementation of human economic rights and to develop ways to improve conditions for their implementation. Design/Methodology/Approach: To achieve the purpose specified, an elementary theoretical method, a method of comparison, analysis, generalization and analogy have been used. Findings: The level of economic development of individual countries in transition (Ukraine, Latvia, the Czech Republic) in comparison with highly developed countries (Denmark, Japan, Iceland) has been presented. The reasons for the low level of ensuring the implementation of human economic rights in transition states have been clarified (shadow economy of enterprises, inadequate conditions for investors, insufficient level of economic development, leveling by human capital, job cuts, high level of corruption, lack of innovative technologies). The cause and effect link between the level of economic development, the unemployment rate, the attraction of human capital, the conditions of doing business, corruption and the implementation of economic rights have been proved. Practical Implications: This study suggests ways of improving the conditions for the realization of economic human rights. These rights are developed to reform areas that are directly related to the improving process of the economies of transition countries. Originality/Value: The study emphasizes that the level of realization of economic human rights in transition countries depends on the economic development of the country. Economic rights, transition period, state in transition (transition country), transformation of economy.