SUBJECTIVE AND OBJECTIVE IN THE INSTITUTIONAL “SECTION” OF ECONOMIC EVOLUTION

Ilhomjon Qodirov

Authors

 

Zoidov K.Kh. – Ph.D., Associate Professor, Head of the Laboratory of Integration of the Russian Economy into the World Economy Institute of Market Problems of the Russian Academy of Sciences (IPR RAS), Moscow, Russia, kobiljonz@mail.ru

Urunov A.A. – Doctor of Economics, Professor, State University of Management, Moscow, Russia, urunov@rambler.ru

 

Annotation

 

   The purpose of the article is to show, on the basis of subjective and objective factors and reasons, the advantages of the evolutionary-institutional approach to the analysis and regulation of the national economy. The implementation of the mechanisms for regulating spatial development presented in the article will allow concentrating the available resource potential on priority areas of the country’s socio-economic development and guaranteeing a stable pace of progressive cyclical macroeconomic dynamics. The advantage of the evolutionary-institutional approach to the analysis and regulation of the national economy is the possibility of studying transactions in a three-dimensional coordinate system: economic time, distance, configuration of the zone of influence. The mechanism of acquiring subjective processes into evolutionarily significant institutional formations presented in the work of one of the founders of modern institutional-evolutionary economic theory, Professor J. Hodgson (Great Britain) is analyzed in detail. The aspect of the “institutional cut” of the evolution of the transition economy studied by M. Deryabina is considered, according to which one of the most intractable problems in the transition economy is the presence of informal norms and rules developed in the planning and distribution system and reproduced in the “semi-market” economic environment in adapted forms. It is concluded that the advantage of the evolutionary-institutional approach to the analysis and regulation of the national economy is the possibility of studying transactions in a three-dimensional coordinate system: economic time, distance, configuration of the zone of influence.

 

Keywords

 

national economy, evolutionary-institutional approach, spatial development, institution

 

References

 

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Publication date

2023-10-27