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New Safety Standards as a «Product» of Liberal Economy

Author

Listed:
  • Dmitriy A. Pospelov

    (Budget and Treasury Academy of the Ministry of Finance of the Russian Federation, Moscow, Russia)

Abstract

The article author examines the Russian legislation related to technical standard elaboration and identifies the key issue that should be addressed today. The fact is that today the concept of safety that should be seen as an absolute is described in the safety requirements as a relative concept in terms of the probability theory. Thus, the safety requirements and standards actually turn into the “acceptable accident rate standards”. He then makes a conclusion that the high accident rate in this country is intertwined with the gaps in the relevant legislation.

Suggested Citation

  • Dmitriy A. Pospelov, 2011. "New Safety Standards as a «Product» of Liberal Economy," Finansovyj žhurnal — Financial Journal, Financial Research Institute, Moscow 125375, Russia, issue 2, pages 77-86, April.
  • Handle: RePEc:fru:finjrn:110207:p:77-86
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    More about this item

    Keywords

    technical objects and the accident rates; security; damage; technical standards;
    All these keywords.

    JEL classification:

    • L52 - Industrial Organization - - Regulation and Industrial Policy - - - Industrial Policy; Sectoral Planning Methods
    • L53 - Industrial Organization - - Regulation and Industrial Policy - - - Enterprise Policy

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