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The Priorities of the Institutional Reforms in Economic Modernization
https://doi.org/10.32609/0042-8736-2012-6-65-73
Abstract
The aspects of institutions influence on economic growth and the priorities of their development are studied in the article. Two complementary analytical techniques are suggested. The first one, based on the discrete institutional alternatives method, is aimed at the "institutional design" determination of the national consensus about the long-term development objectives. The second, based on the growth indicators correlation analysis, makes possible to find out the sequence of the institutional reforms in the mid-term period.
Keywords
institution,
institutional reforms,
social contract,
economic modernization,
growth indicators,
correlation analysis,
rule of law
JEL: A13; D02; O43
About the Authors
A. Auzan
Lomonosov Moscow State University
Russian Federation
Russian Federation
G. Satarov
INDEM Foundation
Russian Federation
Russian Federation
References
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Review
For citations:
Auzan A., Satarov G. The Priorities of the Institutional Reforms in Economic Modernization. Voprosy Ekonomiki. 2012;(6):65-73. (In Russ.) https://doi.org/10.32609/0042-8736-2012-6-65-73
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