2017
DOI: 10.14254/2071-8330.2017/10-2/22
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Preference of institutional changes in social and economic development

Abstract: Abstract. S. Kuznets wrote that structural changes are the central element in the process of development and the most important part of the growth model. They can hinder the growth, if carried out too slowly or inefficiently, but they can also promote economic growth if the distribution of resources gets better. The article has presented the authors' attempts to present new approaches to modeling the institutional behavior of economic agents. Different approaches and views on economic growth and economic devel… Show more

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Cited by 23 publications
(18 citation statements)
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References 31 publications
(22 reference statements)
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“…In this connection, it is very important to make a sociological evaluation of the state [2], conditions and factors influencing the migration behavior of population, primarily of young people graduating from higher educational institutions in the Far East region, their focus on the possibility of living in it and working in the speciality acquired at the university [3].…”
Section: Introductionmentioning
confidence: 99%
“…In this connection, it is very important to make a sociological evaluation of the state [2], conditions and factors influencing the migration behavior of population, primarily of young people graduating from higher educational institutions in the Far East region, their focus on the possibility of living in it and working in the speciality acquired at the university [3].…”
Section: Introductionmentioning
confidence: 99%
“…It is possible to assume with confidence that the difference in quantitative and qualitative features of the budgetary systems in the federal and unitary countries will be noticeable but, and that is more important, the fundamental difference in interpretation of theoretical prerequisites and results of a research of the budgetary systems in these two groups of the countries has to become an initial prerequisite of the analysis. On the other hand, the truth is also that any of institutional or economic forms are not stiffened and changes eventually (Draskovic et al, 2017). It means that in certain situations these differences can be erased.…”
Section: Literature Reviewmentioning
confidence: 99%
“…One of the main characteristics of traditional industrial regions is their high degree of agglomeration, or, more precisely, the intensive concentration of production structures, which, in the long period of development of these regions, was considered to be one of the most important advantages in achieving business success [1]. However, over time, in numerous similar regions, organizational structures were highly resistant to the necessity of carrying out organizational change, especially in transitional countries, where these regions were under direct state control, providing a highly monopolistic position for these organizations in the market [2]. The accumulation of the abovementioned specificities in traditional industrial regions and their extensive reliance on one type of industry (in this case, on energy resources) became an obstacle to competitiveness in these regions, especially given the fact that there are problems related to a surplus of employees, who were not able to receive "training" in internal entrepreneurship in the organizations in which they were employed [3].…”
Section: Introductionmentioning
confidence: 99%