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INSTITUTIONAL THEORY OF ECONOMIC REFORMS: BASIC IMPERATIVES

Ecoforum Journal

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Field Value
 
Title INSTITUTIONAL THEORY OF ECONOMIC REFORMS: BASIC IMPERATIVES
 
Creator SUKHAREV, Oleg Sergeevich; Russian Academy of Sciences, Moscow
 
Subject institutions, dysfunction, economic reform, dysfunctions types of institutions and systems, kinds of reforms
E11 O43 P11 P16
 
Description The ability of institutional economic theory to explain various kinds of economic reforms (changes) on the basis of theoretical ideas about the dysfunction of institutions and systems are investigated. A number of classifications of reforms and dysfunctions is introduced and kinds of institutional efficiency of economic systems are defined. Qualitative regularities of various reforms of the twentieth century in different countries are generalized. A number of criteria of effective institutional reforms, capable to lower the depth and the scale of dysfunctions of the functioning economic subsystems is formed. System approach to the analysis of economic systems reforming with underlining the importance of reform “management” factor which defines productivity of economic development is elaborated. Life cycle of institution and economic system in the process of its reforming is presented and correction of J. Hellmann’s model, describing the reforming logic of economy is made.
 
Publisher Association of Educational and Cultural Cooperation Suceava from Stefan cel Mare Universit
 
Date 2015-07-20
 
Format application/pdf
 
Identifier http://www.ecoforumjournal.ro/index.php/eco/article/view/167
 
Source Ecoforum Journal; Vol 4, No 2 (2015)
 
Language en
 
Relation http://www.ecoforumjournal.ro/index.php/eco/article/download/167/457
 
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