Protection of Economic Human Rights by Representative Bodies: European Standards

Abstract

Economic human rights are essential components of democratic societies, enabling individuals to engage in economic activities, own property and exercise entrepreneurship without undue interference. This article examines the role of representative bodies in protecting these rights, with a particular focus on the European standards set by the Council of Europe and the principle of bona fide. The purpose is to offer a comprehensive understanding of how these rights are protected and promoted, especially in the context of ongoing legal and policy reforms in Ukraine. The methodology involves a detailed analysis of the relevant legal texts and standards, both Ukrainian legislation and the Council of Europe legal framework. This approach allows for a critical analysis of the principles underpinning the protection of economic human rights and provides insights into best practices that Ukraine can adopt. The study emphasises that the protection of economic rights is not only a matter of compliance with the law, but also a moral imperative that requires honesty, transparency and integrity in governance. Representative bodies, such as the Verkhovna Rada of Ukraine, play a crucial role in this process by adopting and enforcing laws that protect economic freedoms and guarantee fair practices. Particular emphasis is placed on the principle of good faith, which requires all actors, including the state, to act in good faith and honesty to foster an atmosphere of trust and accountability. This principle extends to the enforcement and remediation of economic rights violations, requiring a transparent and fair response to violations and adequate remedies for those affected. In conclusion, bringing Ukraine's practices in line with European standards strengthens the protection of economic rights and promotes deeper integration into the European context. By adhering to the principle of good faith, Ukraine can strengthen its legal and economic systems, thereby contributing to the welfare and development of its citizens and society as a whole. This commitment is not only in line with European norms, but also lays the foundation for sustainable and equitable economic growth.