4. Some Aspects of Economic Regulation in Lithuanian Constitutional Law: From Planned Economy to the Fourth Industrial Revolution

The economic path of the Republic of Lithuania is unique: it transformed from a planned economy system into a market-based democratic system and adopted and developed European business standards. The aim of this chapter is to discuss some aspects of the regulation governing Lithuania’s economy in constitutional law during the 30 years of Lithuania’s independence by analysing the constitutional foundations of Lithuania’s economic system and the jurisprudence of the Constitutional Court of the Republic of Lithuania, in which aspects of the regulation of the economic relationships are reflected. In order to achieve the above-mentioned aim, the following two tasks are raised: to reveal in a brief manner the constitutionalisation process of the Lithuanian economic system and to analyse the constitutional doctrine that was formulated during the three decades of independence and had an influence on the formation of the constitutional foundations of the regulation of economic relationships.