IDEAS home Printed from https://ideas.repec.org/a/iaf/journl/y2018i2p130-140.html

Dissemination of Institutional Changes: Internal Planning, Import and Spontaneous Formation

Author

Listed:
  • Volodymyr Semtsov

    (Vinnitsa Institute of Economics of Ternopil National Economic University, Vinnitsa, Ukraine)

Abstract

During the fulfillment of its tasks and functions, government bodies systematically face problems that cannot be solved, avoiding the determination of the category of 'institutes'. Obviously, that the identification of 'necessary' institutions is the key to using new reserves to ensure sustainable socio-economic development of the national economy. Institutes, in fact, give to government bodies the specific tools for using a distinctive approach to regulating the activities of economic entities in one or another territory. The purpose of the article is the formation of new solutions and approaches to the treatment of the mechanisms of 'birth' of institutions, as well as the solution of the task of modernizing the domestic institutional environment. Author analyzes and systematizes the main mechanisms for the implementation of institutional changes, and on this basis, forms their own vision for solving problem by substantiating the approaches and principles of the dissemination of more effective institutes. In particular, the existing scientific views and approaches to the problem of the introduction and dissemination of institutes were studied and systematized. The basal dysfunctions of market regulation in the context of socio-economic institutes were identified. It was established that the greatest danger of reforms in the conditions of post-industrial development is the emergence of 'institutional traps', that is, the actions of stable ineffective institutes. The institutes according to the criterion of effectiveness were divided. The determinants of identification of optimal institutional changes were revealed. Author showed examples of the disadvantages of importing institutes. It was proved that effective planning of institutes can significantly alleviate the resistance of market agents who have dysfunctional behavior, whereas their import and / or spontaneous formation can only act as a reference point for institutional change.

Suggested Citation

  • Volodymyr Semtsov, 2018. "Dissemination of Institutional Changes: Internal Planning, Import and Spontaneous Formation," Oblik i finansi, Institute of Accounting and Finance, issue 2, pages 130-140, June.
    • Handle: RePEc:iaf:journl:y:2018:i:2:p:130-140
    as

    Download full text from publisher

    File URL: http://www.afj.org.ua/pdf/582-diseminaciya-instituciynih-zmin-vnutrishne-planuvannya-import-ta-spontanne-stanovlennya.pdf
    Download Restriction: no
    File URL: http://www.afj.org.ua/en/article/582/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Svetozar Pejovich, 1994. "The Market for Institutions vs. Capitalism by Fiat: The Case of Eastern Europe," Kyklos, Wiley Blackwell, vol. 47(4), pages 519-529, November.
    2. Howitt, Peter & Wintrobe, Ronald, 1995. "The political economy of inaction," Journal of Public Economics, Elsevier, vol. 56(3), pages 329-353, March.
    3. Polterovich, Victor, 2007. "Institutional Trap," MPRA Paper 20595, University Library of Munich, Germany.
    4. Eaton, Jonathan, 1989. "Foreign public capital flows," Handbook of Development Economics, in: Hollis Chenery & T.N. Srinivasan (ed.), Handbook of Development Economics, edition 1, volume 2, chapter 25, pages 1305-1386, Elsevier.
    5. repec:bla:kyklos:v:47:y:1994:i:4:p:519-29 is not listed on IDEAS
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Anders Gustafsson, 2019. "Busy doing nothing: why politicians implement inefficient policies," Constitutional Political Economy, Springer, vol. 30(3), pages 282-299, September.
    2. Onel, Gulcan & Utkulu, Utku, 2006. "Modeling the long-run sustainability of Turkish external debt with structural changes," Economic Modelling, Elsevier, vol. 23(4), pages 669-682, July.
    3. Jonathan Temple & Huikang Ying & Patrick Carter, 2014. "Transfers and Transformations: Remittances, Foreign Aid, and Growth," Bristol Economics Discussion Papers 14/649, School of Economics, University of Bristol, UK, revised 02 Dec 2014.
    4. Yochanan Shachmurove, 2012. "Failing Institutions Are at the Core of the U.S. Financial Crisis," PIER Working Paper Archive 12-040, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
    5. Vadim Islamutdinov, 2016. "Evolution and Specificity of the Economic Institutions of Khanty-Mansi Autonomous Okrug — Yugra," Economy of region, Centre for Economic Security, Institute of Economics of Ural Branch of Russian Academy of Sciences, vol. 1(2), pages 463-470.
    6. Dalibor Roháč, 2009. "Why did the Austro-Hungarian Empire collapse? A public choice perspective," Constitutional Political Economy, Springer, vol. 20(2), pages 160-176, June.
    7. Koliesnichenko Anastasiia S., 2014. "Institutional Grounds of State Regulation of Interrelation of Subjects of the Electric Energy Market," Business Inform, RESEARCH CENTRE FOR INDUSTRIAL DEVELOPMENT PROBLEMS of NAS (KHARKIV, UKRAINE), Kharkiv National University of Economics, issue 3, pages 61-70.
    8. Andrei Vernikov, 2014. "China and Russia: Institutional Coherence between the Banking Systems," UCL SSEES Economics and Business working paper series 130, UCL School of Slavonic and East European Studies (SSEES).
    9. Dimiter IALNAZOV & Nikolay NENOVSKY, 2010. "The Evolution of Post-Communist Countries: An Interpretation from the Perspective of Cooperation," LEO Working Papers / DR LEO 1600, Orleans Economics Laboratory / Laboratoire d'Economie d'Orleans (LEO), University of Orleans.
    10. Patrick Carter & Jonathan R. W. Temple, 2017. "Virtuous Circles and the Case for Aid," IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 65(2), pages 397-425, June.
    11. Thomas Apolte, "undated". "Why is there no Revolution in North-Korea? The Political Economy of Revolution Revisited," Working Papers 200102, Institute of Spatial and Housing Economics, Munster Universitary.
    12. Grigoryev, Leonid, 2015. "The elites’ demand for law: “Overcrowded streetcar (tram) effect”," Russian Journal of Economics, Elsevier, vol. 1(3), pages 313-327.
    13. Temple, Jonathan R.W., 2010. "Aid and Conditionality," Handbook of Development Economics, in: Dani Rodrik & Mark Rosenzweig (ed.), Handbook of Development Economics, edition 1, volume 5, chapter 0, pages 4415-4523, Elsevier.
    14. Sergei Guriev & Dmitry Kvassov, 2000. "Barter for price discrimination? A theory and evidence from Russia," Working Papers w0007, Center for Economic and Financial Research (CEFIR).
    15. Emily T. Cremers & Partha Sen, 2005. "Transfers and the Terms of Trade in an Overlapping Generations Model," Working papers 138, Centre for Development Economics, Delhi School of Economics.
    16. M.Yusuf Tashrifov, 2005. "Foreign Financial Aid, Government Policies and Economic Growth: Does the Policy Setting in Developing Countries Matter?," International and Development Economics Working Papers idec05-10, International and Development Economics.
    17. Andrei Varnavskiy V. & А. Варнавский В., 2017. "Налоговое администрирование - конфронтация или взаимодействие? // Tax Administration: Confrontation or Cooperation?," Экономика. Налоги. Право // Economics, taxes & law, ФГОБУ "Финансовый университет при Правительстве Российской Федерации" // Financial University under The Government of Russian Federation, vol. 10(1), pages 144-150.
    18. Steffen Huck & Kai A. Konrad, 2005. "Moral Cost, Commitment, and Committee Size," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 161(4), pages 575-588, December.
    19. Thai, Mai Thi Thanh & Turkina, Ekaterina, 2014. "Macro-level determinants of formal entrepreneurship versus informal entrepreneurship," Journal of Business Venturing, Elsevier, vol. 29(4), pages 490-510.
    20. Frolov, Daniil, 2019. "From institutions to extitutions to the post-institutional theory of institutional anomalies," MPRA Paper 95960, University Library of Munich, Germany, revised 10 Sep 2019.

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;

    JEL classification:

    • P59 - Political Economy and Comparative Economic Systems - - Comparative Economic Systems - - - Other
    • H39 - Public Economics - - Fiscal Policies and Behavior of Economic Agents - - - Other

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:iaf:journl:y:2018:i:2:p:130-140. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Serhii Ostapchuk (email available below). General contact details of provider: https://edirc.repec.org/data/iafkvua.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.