INSTITUTIONAL DESIGN IN THE SYSTEM OF STATE POLICY MEASURES FOR STIMULATING ECONOMIC GROWTH IN RUSSIA IN THE CONTEXT OF GEOPOLITICAL CHALLENGES
AbstractThis article analyzes the features of three groups of institutional factors: institutional and economic, institutional and political, and institutional and social. Influencing these factors by means of sound state policy can initiate economic growth on an innovative basis. An assessment of existing institutional barriers that act as constraints to economic growth in Russia is provided in the paper. In addition, the role of institutional design in optimizing the state policy for stimulating accelerated development and structural reorganization of the main development institutions is defined and an algorithm for implementing institutional design and its direction is proposed.
Nureev, M.R., Latov, Y.V. (2017). Economic history of Russia (experience of institutional analysis). Moscow: Knorus Publ, 272 p.
Ermolaev, S.A. (2016). Institutional foundations for development and conducting the industrial policy in the context of the import substitution policy in Russia, Innovations and Investments, 10, 200-203.
Ignatova, T.V., Cherkasova, T.P. (2011). Institutional concepts of economic growth and their modernization // State and municipal management, Scientific Proceedings of SRIM RANEPA, 2, 57-67.
Mau, V.A. (2016). Crises and lessons, Economy of Russia during a turbulence era. Moscow: the Gaidar Institute’s Publishing House, 488 p.
Cherkasova, T.P., Aksenov, E.A. (2017). Contemporary tendencies in the formation of a system of public management institutions of innovation development in Russia // Public and Municipal Administration, Scientific Proceedings of SRIM RANEPA, 1, 55-61.
- Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution License (Creative Commons Attribution License 3.0 - CC BY 3.0) that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.
- Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.
- Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See The Effect of Open Access).
email@example.com, www.iseic.cz, ojs.journals.cz