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On the Specifics of Economic Institutions in the Social Sphere


  • Yu. Ol'sevich
  • V. Mazarchuk.


The authors consider the organizations in different branches of the social sphere (schools, clinics, theatres) as complex institutional formations where the "cluster" of economic norms and rules is subordinated to the "cluster" of social values. These organizations perform the dual function: formation of human capital and compensation of poverty of poor people. According to the authors' opinion, complex reforming of the health care branch requires creation of new economic norms and rules combining plan, semimarket and market relations. This approach will rise the effectiveness of this sphere and will not undermine its social function.

Suggested Citation

  • Yu. Ol'sevich & V. Mazarchuk., 2005. "On the Specifics of Economic Institutions in the Social Sphere," VOPROSY ECONOMIKI, N.P. Redaktsiya zhurnala "Voprosy Economiki", vol. 5.
  • Handle: RePEc:nos:voprec:2005-05-3

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    Cited by:

    1. Petrenko Yekaterina V., 2013. "Principles and factors of regulation of the socio-humanitarian development of a depressed region," The Problems of Economy, RESEARCH CENTRE FOR INDUSTRIAL DEVELOPMENT PROBLEMS of NAS (KHARKIV, UKRAINE), issue 2, pages 127-131.

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