A STUDY OF THE ORDER OF IMPLEMENTING TEMPORARY GOVERNMENT REGULATION OF COMMODITY PRICES IN THE EAEU: A VIEW FROM THE POSITIONS OF QUALITY

Anastasia A. Sozinova, Nadezhda K. Saveleva, Aleksei V. Bogoviz, Elena G. Popkova

Abstract: The purpose of this paper is to study and reconsider the order of implementing temporary government regulation of commodity prices in the EAEU from the positions of quality and to develop recommendations for improving this order for the comprehensive fight against poverty and support for the middle class amid economic crises. This paper is based on the scientific provisions of the systems approach. The authors perform economic and mathematical modelling of the influence of implementing temporary government regulation of commodity prices on their quality in the EAEU based on the method of regression analysis. For the qualitative research of the practical experience of implementing temporary government regulation of commodity prices in the EAEU amid the COVID-19 pandemic, the method of case study is used. The scientific novelty of this paper consists in the fact that it is for the first time that the order of implementing temporary government regulation of commodity prices in the EAEU is treated from the positions of quality. The originality of this paper consists in the systemic view at the quality of life and the well-balanced consideration - during the determination of its level - of not only the inflation factor (price affordability of commodities) but also the factor of quality of commodities (level of satisfying population's needs during consumption of goods)

Keywords: Temporary government regulation of prices; Commodity prices; EAEU; COVID-19 pandemic; Quality; Fight against poverty; Quality of life

DOI: 10.24874/IJQR16.03-19

Recieved: 21.06.2021  Accepted: 20.03.2022  UDC: 519.866

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