REFORMING UKRAINE'S CIVIL LEGISLATION AS A TOOL FOR ECONOMIC RECOVERY AND ENSURING SUSTAINABLE DEVELOPMENT IN THE POST-WAR PERIOD
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Abstract
The post-war reconstruction of Ukraine necessitates two principal components: the large-scale physical rebuilding of destroyed infrastructure and the implementation of deep structural reforms. Among these reforms, the transformation of civil legislation is of particular significance. The effective regulation of property and contractual legal relations is a necessary prerequisite for the restoration of entrepreneurial activity, the stimulation of investment attractiveness, and the ensuring of overall legal stability in the country. In the context of Russia's full-scale armed aggression against Ukraine, which has precipitated profound socio-economic transformations, the necessity to update civil law instruments has become paramount. In the context of the strategic European integration direction of state policy, there has been a notable increase in the significance of harmonising national civil legislation with European Union law. The harmonisation process is driven by the objective of aligning Ukraine's legal framework with European standards, thereby establishing a legal environment characterised by transparency, predictability, and efficiency for market participants. It is imperative to direct particular attention to the process of repealing the Commercial Code of Ukraine, a seminal step that signifies a unification of private law. This provides a foundation for a conceptual revision of the provisions of the Civil Code of Ukraine, ensuring their alignment with contemporary challenges, the needs of the business environment, and the principles of sustainable development. The subject of this research is the reform of Ukraine's civil legislation in the context of post-war recovery and European integration processes. The objective of this study is to conduct a comprehensive analysis of the process in question, with a view to defining its role as a factor in economic growth, a guarantor of legal certainty for businesses and citizens, and an instrument for achieving sustainable development. The methodological framework of the research consists of methods of legal policy analysis, comparative law, and empirical research methods. The findings of the research indicate that the updated civil legislation must become the legal foundation for the effective functioning of market mechanisms, protection of investors' rights, modernisation of the status of business entities, and the implementation of sustainable development principles. The paper puts forward a series of conceptual approaches to harmonising national law with EU law, which it believes will contribute to the creation of a favourable institutional environment in the post-war period.
How to Cite
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civil legislation, property rights, European integration, post-war recovery, EU law, contractual relations, economic recovery
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