Study theory institutionalism in management of economic and social institutions

Economic Annals-ХХI: Volume 146, Issue 11-12, Pages: 11-14

Citation information:
Tarasova, I. (2014). Study theory institutionalism in management of economic and social institutions. Economic Annals-XXI, 11-12, 11-14. https://ea21journal.world/index.php/ea-v146-03/

Iryna Tarasova
PhD (Economics),
Associate Professor,
Vinnytsia Trade and Economic Institute
87 Soborna Str., Vinnytsia, 21050, Ukraine
tarasovaii@mail.ru

Study theory institutionalism in management of economic and social institutions

Abstract. Introduction. The main problem of institutionalism is biased assessment of social and economic institutions, the complexity of effective sustainable operation. Purpose. Research and analysis of the theory of institutionalism in the context of economic and social institutions will find some ways to overcome it. Results. Identified as the main problem of institutional analysis – nature of the interaction between formal and informal norms within formal institutions. Identify a number of features of social institutions, namely the goal of social institutions is to meet the specific needs of the society, or of a particular social group; public institution – a system that is individual and has its own structure and logic of development; institutionalization of the institute, it has a certain structure and a set of individual functions to achieve this goal activity. It is concluded that the «public institution» – a category that exhibit the following interrelated constituent elements: formal rules and regulations (administrative, legal, organizational); mechanisms of state and public control over the implementation of formal rules and regulations; informal customary social and cultural norms of society. Conclusions. The analysis of the nature of the concepts of «public institution» and «economic institute» on the methodology of scientific discourse. Our results of research can be used to establish effective operation of various public institutions of the country.

Keywords: Public Institution; Economic Institute; Economic Behavior; Transaction; Interaction

JEL Classіfіcatіon: B25; A14; D23

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Received 05.09.2014