Criminal Liability for Economic Crimes: Current State and Development Prospects

Economic crime is characterized by qualitative and quantitative dynamics at the present time, which is clearly demonstrated in the improvement of criminal behavior, as well as the number of the above-mentioned acts committed in recent years. Considering the fact that economic crime significantly affects the stability of development of the Russian state, the fight against it is one of the priority areas for the functioning of many government bodies. In this context, in recent years many questions have arisen regarding the effectiveness of the institution of criminal liability for economic crimes. The purpose of the presented study is to analyze the current state of the institution of criminal liability for economic crimes and determine the prospects for its development. Based on the analysis, the authors identify current trends in the development of the above-mentioned institution: mitigation of liability for certain economic crimes, taking into account the current socio-economic situation in the Russian state, humanization of criminal liability for certain economic crimes; the presence of discussions about the decriminalization of the economic sphere. The paramount importance of the balance of private and public interests is noted, which must be ensured in the process of further improving criminal liability for economic crimes.