Directions for Improvement of the Institutional Provision for Reproduction of Public Goods in the Economic System of Ukraine

Journal Title: Проблеми економіки - Year 2015, Vol 2015, Issue 1

Abstract

The article aims to clarify the character of interaction between institutional factors and production of public goods, to single out the principal directions for improvement of the institutional provision for their reproduction in the Ukrainian economic system. Reliability and scientific validity of the obtained results are grounded in the methods of induction, deduction, comparison, historical and canonical analysis. The article describes the theoretical and methodological principles of the influence that institutional provision exerts on reproduction of public goods and analyzes the effect of the political and legal factors on their production in the Ukrainian economy. The author demonstrates that deformed production of these goods is caused by incompleteness of construction of the domestic representative democracy model; the processes of permanent improvement of electoral procedures; non-transparency of relations between the state and consumers of such goods in the system of a fiscal organization. Application of the canonical analysis allowed assessing the character of dependencies between the institutional provision and primary indicators of their production. The article proposes such important directions for enhancement of the institutional provision of reproduction of public goods in Ukraine: harmonization of electoral cycles of power branches, which fosters improved interaction with the electorate in terms of determination of preferences while producing such goods; completion of the process of reforming the electoral legislation and construction of a party system in order to enhance the functional capacity of the state; gradual transition to a better quality of democracy by developing political rights, civil liberties, freedom of the press and fighting corruption.

Authors and Affiliations

Marianna Kichurchak

Keywords

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  • EP ID EP137670
  • DOI -
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How To Cite

Marianna Kichurchak (2015). Directions for Improvement of the Institutional Provision for Reproduction of Public Goods in the Economic System of Ukraine. Проблеми економіки, 2015(1), 92-106. https://europub.co.uk/articles/-A-137670