Role of state regulation in formation of modern economic model: changing imperative in the conditions of chaos

Economic Annals-XXI: Volume 125, Issue 1-2(1), Pages: 3-7

Citation information:
Soskin, O. (2013). Role of state regulation in formation of modern economic model: changing imperative in the conditions of chaos. Economic Annals-XXI, 1-2(1), 3-7. https://ea21journal.world/index.php/ea-v125-01/

Oleh Soskin
PhD (Economics),
Associate Professor,
Professor of Entrepreneurship and International Relations Department,
National Academy of Management, Kyiv, Ukraine
Director,
Institute of Society Transformation, Kyiv, Ukraine
soskininfo@gmail.com

Role of state regulation in formation of modern economic model: changing imperative in the conditions of chaos

Abstract. In the article it is investigated how the model of state regulation in conditions of the world economy and national economies transition from determined vertical-hierarchical systems to controlled chaos systems in which three general mainstreams objectively and organically operate. Necessity to change a role of state regulation and its imperative in formation of modern economic development model is proved. The influence of N. Kondratiev’s long cycle (wave) descending stage on these processes is determined.

Keywords: State Regulation; Economic Model; System Economic Crisis; Space of Chaos; Mainstreams; Long Cycles of Kondratiev Model; Rising and Declining Stages of Long Cycle; Industrial-Technological Modes

JEL Classification: E13; E17; E60; O11; H10

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Received 01.12.2012