METHODICAL PROVISION FOR EVALUATION OF STATE SELECTIVE REGULATION OF COMMODITY MARKETS AND INSTITUTIONAL RESILIENCE OF GOVERNMENT BODIES
Authors: NIKISHYNA O.V. , ZERKINA O.O. 
Published: March 2024

Topicality. In the conditions of challenges and threats of the security environment, the role of the state in the coordination, design and control of resilient socio-economic development, in the implementation of the national system of stability is growing. Ensuring the effectiveness of public administration necessitates the development of a new methodical support for evaluating the selective regulation of commodity markets and choosing the criteria for such evaluation. In conditions of instability, classical theoretical approaches to the assessment of regulatory policy are changing. In the war and post-war periods in Ukraine, the national system of stability is gradually implemented, which should ensure the functioning of six basic elements, including institutional stability. At the same time, the issue of methodological support for the functioning of the national system of stability, which actualizes new theoretical and methodological developments in this area, remains unresolved.Aim and tasks. The purpose of the article is to justify methodical provision for evaluating the effectiveness of selective regulation of commodity markets and institutional resilience of authorities, as a methodological and analytical basis for adjusting state policy in the war and post-war periods. Research task: to develop a system of quantitative indicators for evaluating state selective regulation of commodity markets; determine the relationship between the indicators and the European practice of Better Regulation; justify the components of institutional resilience of authorities and its basic criteria; to establish the cyclicality of the processes of complex evaluation and selective regulation of commodity markets based on European experience; show the influence of state regulation on the resilience of commodity markets.Materials and Methods. The results of the theoretical generalization of scientific works and methodological approaches in the field of state regulation of commodity markets and the resilience of economic systems, highlighted in publications of a fundamental and applied nature, as well as the provisions of European Better Regulation practice, form the informational and methodological basis of the research. The following methods were used to solve the tasks: generalization, system analysis, induction, deduction, synthesis, grouping, abstract-logical.Research results. Methodical recommendations for evaluating the effectiveness of state selective regulation of commodity markets have been developed, which combined two groups of indicators. The first group of quantitative indicators included two subgroups of indicators that allow to assess the economic (reproduction and fiscal), social and environmental effects of the implementation of regulatory mechanisms and measures, as well as the profitability of their implementation. It is shown that the author's methodical recommendations develop the Better Regulation "impact assessment" toolkit in the market dimension, allowing to determine changes in added value for different commodity markets or their sectors in the spatial dimension.The second group of qualitative indicators is focused on determining the institutional resilience of state authorities. The expediency of distinguishing the internal and external components of institutional stability, which determine its nature and are reflected in the evaluation criteria, is substantiated. The basic criteria of institutional stability of state authorities were typified according to three dimensions: state stability, functioning and development. It is emphasized that resilient authorities at different levels can ensure market resilience.It is substantiated that a comprehensive evaluation of the functioning and regulation of commodity markets should be embedded in the adaptive process of development and implementation of state policy in conditions of instability. The cyclicity of the processes of comprehensive evaluation and selective regulation of commodity markets is determined, which correlates with the key principles and practices of Better Regulation of EU. It is shown that the introduction of selective regulation mechanisms will allow to increase the "acquired" resilience of commodity markets. The need to implement new tools of adaptive regulation, including selective, related to Better Regulation in its focus and impact assessment procedure.Conclusion. The scientific novelty of the conducted research consists in the development of methodical recommendations for evaluating the effectiveness of state selective regulation of commodity markets based on a reproducible approach using the indicator of market added value; in the substantiation of the essence and components of the institutional stability of the authorities, its basic criteria in three aspects (stability of the condition, functioning and development), as a methodical basis for expert evaluation. The applied significance of the author's methodical support is determined by the possibility of its use by state authorities of various levels in the course of justifying the mechanisms and measures of selective regulation of commodity markets, development of programs and strategies for sustainable reproduction development of commodity markets in the war and post-war periods.