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Economic Way of Thought and Legislation on Nonprofit Organizations

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  • L. Yakobson.

Abstract

The article considers proper legislation as an essential prerequisite for actualization of NPOs’ comparative advantages. Restrictions imposed on NPOs are reasonable if they are compensated by benefits from greater trust. The rigidity of constrains and requirements should be optimized while accounting for peculiarities of a social medium, the state of the nonprofit sector, and the government’s readiness to encourage the development of the latter. As empirical data suggests, Russian NPOs being on different stages of maturity need separate legal treatment. In the meanwhile, interests that prevail in the NPOs community are not always conducive to rapid changes.

Suggested Citation

  • L. Yakobson., 2012. "Economic Way of Thought and Legislation on Nonprofit Organizations," VOPROSY ECONOMIKI, N.P. Redaktsiya zhurnala "Voprosy Economiki", vol. 8.
  • Handle: RePEc:nos:voprec:2012-08-3
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    More about this item

    Keywords

    nonprofit organization; trust; legislation; optimization.;

    JEL classification:

    • L31 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Nonprofit Institutions; NGOs; Social Entrepreneurship
    • L32 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Public Enterprises; Public-Private Enterprises

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