Deregulation of scrap metal market: economic and legal aspects
DOI:
https://doi.org/10.21564/2414-990x.136.91158Keywords:
scrap metal market, licensing of transactions with the scrap metal, scrap metal regulations, transactions with the scrap metal, processing of scrap metalAbstract
The article is devoted to economic and legal analysis of transactions with scrap metal. Strategic importance of transactions with the scrap metal has been defined. Legislation in force in this sphere has been analyzed. It is main defects and prospective improvements have been studied.
The article is devoted to research of licensing of collection, recycling and export of scrap metal. The main interests in private and public spheres of investigated industry has been defined. The expediency of systematizing the legislative work within the economic and legal support in operations with scrap metal have been proved. The author proposed the ways to achieve a compromise between public and private sectors in sphere of operations with scrap metal through the use of economic and legal instruments. The dysfunction of economic and legal mechanism for regulation the secondary metals market has been defined. The disparity between real social interests and economic and legal mechanism of licensing in this sphere has been proved. The necessity to reform the structure of subjects with organizational and economic powers has been substantiated.
Conclusions and proposals have been based on economic and legal concept analysis and statistical data.
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