THE ARTICLE CONSIDERS THE PROBLEM OF THE PARTICIPATION OF THE STATE IN CREATING INSTITUTIONS REGULATING ECONOMIC RELATIONS
Rubrics: NAUCHNAYA DISKUSSIYA
Authors:
1.
Volgogradskaya akademiya MVD Rossii
2.
Volgogradskaya akademiya MVD Rossii
Type:
Article
Pages:
from 179
to 184
Status:
Published
Received:
06.12.2014
Accepted:
15.12.2014
Published:
25.12.2014
Language:
Russian
Keywords:
institutionalization of the economy, the social contract, the public good, transaction costs, regulation of market relations, the costs of collective action, institualizaciya ekonomiki, obschestvennyy dogovor, obschestvennoe blago, transakcionnye izderzhki, pravovoe regulirovanie sistemy rynochnyh otnosheniy, izderzhek kollektivnogo deystviya
Abstract (English):
Because the process of institutionalization involves both the state and private sector of the economy, one of the main problems of the market economy is becoming the problem of the optimal ratio between state and non-state institutions that regulate it. In the article an attempt is made to define the role of the state in the creation of institutions regulating market relations through the analysis of transaction costs arising in the process of interaction of economic agents since the amount of transaction costs is not the only indicator of the degree of imperfect markets, but also the quantitative expression of the costs of the lack of appropriate institutions.
Because the process of institutionalization involves both the state and private sector of the economy, one of the main problems of the market economy is becoming the problem of the optimal ratio between state and non-state institutions that regulate it. In the article an attempt is made to define the role of the state in the creation of institutions regulating market relations through the analysis of transaction costs arising in the process of interaction of economic agents since the amount of transaction costs is not the only indicator of the degree of imperfect markets, but also the quantitative expression of the costs of the lack of appropriate institutions.
Keywords:
institutionalization of the economy, the social contract, the public good, transaction costs, regulation of market relations, the costs of collective action, institualizaciya ekonomiki, obschestvennyy dogovor, obschestvennoe blago, transakcionnye izderzhki, pravovoe regulirovanie sistemy rynochnyh otnosheniy, izderzhek kollektivnogo deystviya
institutionalization of the economy, the social contract, the public good, transaction costs, regulation of market relations, the costs of collective action, institualizaciya ekonomiki, obschestvennyy dogovor, obschestvennoe blago, transakcionnye izderzhki, pravovoe regulirovanie sistemy rynochnyh otnosheniy, izderzhek kollektivnogo deystviya
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