The problem of institutional system in transition to the market

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The article is dedicated to the institutional environment and its importance in interaction of market subjects. Historical experience has shown that we can not use equally the same tools for stimulation of economic growth in different countries. It also analyzes the relationship between political and economic institutions, elite and the society. The article analyzes the features of Russian market reforms. It also evaluates the situation in which the Russian government found itself after the collapse of the Soviet Union. Furthermore, the article draws a conclusion that introduction of the new institutions should occur gradually involving the state as a moderator of market engagement and interaction.

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Institutions, institutional environment, political institutions, economic institutions, period of transition

Короткий адрес: https://sciup.org/14875863

IDR: 14875863

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