Theory of institutional transformations and role of a state in modern economy

O.A.Bessonova

Journal "Region: Economics and Sociology", 2008, vol. 3

Abstract: The author analyzes how the role which governmental authorities play in national economy recently changed that resulted in emergence of a new institutional system. The theory of institutional transformations provides for the ideas that economic efficiency is in balance with principles of social justice and this balance is based on such institutional system where market mechanisms are combined with distributing ones that allows higher development of human potential of the country and which has shaped dually: the western market economy modified into “social market” since XX century and Russian distributing economy – into “a liberal distributing system” since 2000.

Date: 2008
Note: Issues of Economic Sociology
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:nos:regioe:2008-3_9

Access Statistics for this article

More articles in Journal "Region: Economics and Sociology" from Institute of Economics and Industrial Engineering of Siberian Branch of RAS
Bibliographic data for series maintained by Galina Cheverda ().