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Managing institutional dynamics: generalisation of modern approaches

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  • Mazur Olena Ye.

    (Odessa I. I. Mechnikov National University)

Abstract

The article presents a critical analysis and systematisation of modern approaches to state management of development of institutional structures. It identifies the most popular approaches to management of institutional dynamics: implantations or shock therapy, import (transplantation) and its modifications (institutional experimenting and building intermediary institutions), growing institutions and modification (elevation and cultivation) and influence upon external factors of institution development. The article builds structural and logical schemes to each approach and identifies main shortcomings and restrictions of their application. It justifies prospectiveness and universality of the theory of priority of external factors in re-formation of socio-economic institutions. It offers a direction of further scientific studies on development of a specific methodology of re-formation of a specific institution on the basis of a selected and justified common strategy.

Suggested Citation

  • Mazur Olena Ye., 2013. "Managing institutional dynamics: generalisation of modern approaches," The Problems of Economy, RESEARCH CENTRE FOR INDUSTRIAL DEVELOPMENT PROBLEMS of NAS (KHARKIV, UKRAINE), issue 3, pages 254-260.
  • Handle: RePEc:idp:redpoe:y:2013:i:3:p:254_260
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