О ТЕОРЕТИЧЕСКИХ КОНЦЕПЦИЯХ ПРОВЕДЕНИЯ ИНСТИТУЦИОНАЛЬНЫХ ТРАНСФОРМАЦИЙ

Authors

  • Л. В. Боровская Crimean Federal University named after V. I. Vernadsky, Institute of Economic and Management

Keywords:

institutional transformations, institutional costs, transitional period, «shock therapy», «gradualism»

Abstract

Abstract: the article discusses theoretical approaches to the concepts of institutional transformations. The features of the «shock therapy» and «gradualism» in Chile, China and the countries of the former USSR are investigated. Approaches to the assessment of transitional processes in the economy are highlighted – neolib- eral approach, institutional approach, system approach. Key characteristics of institutional changes in the framework of institutional transformations are identified. These include the intensity of changes, the total number and degree of changes, their irreversibility, inclusiveness and interrelations in general processes. The role of transformation costs in transitional processes is designated as additional costs, characteristic for the period of institutional transformations and associated with the mass replacement of institutions.

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Author Biography

  • Л. В. Боровская, Crimean Federal University named after V. I. Vernadsky, Institute of Economic and Management

    Candidate of Economic Scien­ces, Associate Professor of Finance and Credit Department

References

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Published

2019-03-15

Issue

Section

Economic Theory

How to Cite

Боровская, Л. В. (2019). О ТЕОРЕТИЧЕСКИХ КОНЦЕПЦИЯХ ПРОВЕДЕНИЯ ИНСТИТУЦИОНАЛЬНЫХ ТРАНСФОРМАЦИЙ. Eurasian Journal of Economics and Management, 1, 5-10. https://journals.vsu.ru/econ/article/view/2416

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