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Institutional Design In The System Of State Policy Measures For Stimulating Economic Growth In Russia In The Context Of Geopolitical Challenges

Author

Listed:
  • Elena Y. Zolochevskaya

    (South-Russian Institute of Management of Russian Presidential Academy of National Economy and Public Administration (SRIM RANEPA/Institute))

  • Tatyana P. Cherkasova

    (Department of Economics and Entrepreneurship, Faculty of Political Science at the South-Russian Institute of Management of Russian Presidential Academy of National Economy and Public Administration (SRIM RANEPA/Institute))

  • Olga V. Mishurina

    (Department of Economics and Entrepreneurship at the South-Russian Institute of Management of Russian Presidential Academy of National Economy and Public Administration (SRIM RANEPA/Institute))

  • Yana E. Sivakova

    (Department of Management at the South-Russian Institute of Management of Russian Presidential Academy of National Economy and Public Administration (SRIM RANEPA/Institute))

Abstract

This 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.

Suggested Citation

  • Elena Y. Zolochevskaya & Tatyana P. Cherkasova & Olga V. Mishurina & Yana E. Sivakova, 2018. "Institutional Design In The System Of State Policy Measures For Stimulating Economic Growth In Russia In The Context Of Geopolitical Challenges," CBU International Conference Proceedings, ISE Research Institute, vol. 6(0), pages 510-515, September.
    • Handle: RePEc:aad:iseicj:v:6:y:2018:i:0:p:510-515
    DOI: 10.12955/cbup.v6.1206
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    More about this item

    Keywords

    institutional designmodernization; economic system; state policy; public administration.;
    All these keywords.

    JEL classification:

    • E69 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Other
    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General

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