Abstract

The 20ties of the 21st century are characterized by the pandemic period of COVID-19. The fall of national economies, the fears of inhabitants regarding their health, and the unfavorable economic situation of big groups of inhabitants require functional measures. Implementing social economy principles in national economies is a tool to improve the economic situation of the marginalized groups of inhabitants without using social networks. The knowledge on the social economy system and legal regulation of support tools in social economy in Slovak Republic enable the dissemination of this knowledge and potentially implement in the current pandemic COVID-19 period even in the international environment. The legal regulation of the social economy offers more support tools to solve current economic problems during the COVID-19 pandemic period. Here we present a structured overview and generalization of the knowledge of legal regulations on the social economy as well as a detailed description of the content of the support tools of the social economy during the COVID-19 period.

Highlights

  • Specific social and economic measures aiming to improve the lives of marginalized groups of inhabitants worldwide are in general called social economy

  • The social economy currently gains the form of an institution providing paid state intervention or unpaid service for the society, but mainly for physical or legal persons, who are disadvantaged in the socio-economic environment of the society

  • This paper aims to present selected knowledge on legal regulation of support tools in the social economy in Slovak Republic, disseminate knowledge on support tools in the Slovak social economy, and enable potential implementation of this knowledge in the international context in current COVID-19 period

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Summary

Introduction

Specific social and economic measures aiming to improve the lives of marginalized groups of inhabitants worldwide are in general called social economy. The social economy currently gains the form of an institution providing paid state intervention or unpaid service for the society, but mainly for physical or legal persons, who are disadvantaged in the socio-economic environment of the society. We rely on the thesis about the usefulness of the knowledge on legal regulation of support tools in social economy that provides economic possibilities to solve the unfavorable economic situation of more groups of inhabitants, especially of disadvantaged and vulnerable physical persons, and of physical and legal persons in small and middle-sized businesses in the current unfavorable economic situation in the international and national context

Goals and methods
Legal regulation on social economy and social enterprises
Financial support in the broader context of social economy
Investment support
Compensation support
Contribution to support the demand by means of service voucher
Findings
Conclusion
Full Text
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