Forming institutional structures supporting sustainable development

Формирование институциональных структур, поддерживающих устойчивое развитие

Maksim A. Korytsev (Корытцев М.А.) and Serafim A. Morozov (Морозов С.А.)
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Maksim A. Korytsev (Корытцев М.А.): Southern Federal University
Serafim A. Morozov (Морозов С.А.): Southern Federal University

State and Municipal Management Scholar Notes, 2023, vol. 3, 90-96

Abstract: The most important role in giving stability to modern processes of economic development is played by emerging institutional structures, which are distinguished by their heterogeneity. Against the background of most of them, defined as various norms, rules and agreements, a number of macrostructures stand out, which are more developed institutional structures, mechanisms that ensure the reproduction of competitive behavior and the formation of price signals within the framework of the organization of "green" financing and sustainable development, as well as quasi-market structures providing, in particular, trading in carbon units (quotas). At the same time, strategies for sustainable development in the modern Russian economy should be built taking into account national interests in the context of implementing an import substitution strategy and achieving technological sovereignty.

Keywords: ESG-transition; institutional structures; quasi-markets; world economy; sustainable development; economic growth (search for similar items in EconPapers)
Date: 2023
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