INSTITUTIONAL AND LEGAL BASIS OF COUNTERACTING CORRUPTION: EXPERIENCEOF THE EUROPEAN UNION AND UKRAINE

Abstract

The intensification of the challenges, threats and risks of the global financial and economicsystem and the unreadiness of national economies to resist their destabilizingeffects lead to the formation of a new paradigm of the world economic order, an integralcomponent of which is corruption. The spread of corruption in the global dimensionintensifies the disparities in the structure of socio-economic systems and creates obstaclesto the legal and socio-political system of the country, as this destructive phenomenonpenetrates not only the public sector but also the economy, politics and society,and it significantly affects the quality of life of the population, which is manifested inthe enrichment of a small proportion and the impoverishment of the majority of thepopulation. The article defines the essence of corruption substantiates the relationship betweencorruption and the quality of life of the population. The economic and legal analysis ofnormative and legal support of counteracting corruption in the countries of the EuropeanUnion and in Ukraine is carried out. A study of the dynamics of the Corruption PerceptionsIndex and the Quality of Life Index in the countries of the European Union andUkraine during 2018-2021 is conducted. Based on multifactor (cluster) analysis usingthe k-means method, the grouping of the countries of the European Union and Ukraineby the Corruption Perceptions Index and the Quality of Life Index is carried out, whichallowed to distinguish three groups among the countries of the European Union: (1)highly developed countries, which have a high quality of life and low levels of corruption;(2) highly developed countries which provide high quality of life, but corruption is highenough; (3) countries with a high level of corruption and a relatively low level of qualityof life, including Ukraine. In order to ensure effective counteraction to corruption, themain measures to combat this destructive phenomenon have been proposed, the implementationof which requires the improvement of current legislation and its harmonizationwith international regulations.