Essence of the Concept of «Institution» in the Agricultural Sphere
Journal Title: Бізнес Інформ - Year 2015, Vol 1, Issue 0
Abstract
The article is aimed to analyze the integrated vision of the concept of «institution». This, in turn, requires disclosure of the content of the «institution» term in the context of an integrated understanding of this notion's essence with regard to the agricultural sphere. The author has presented different explanations of the term «institution» as well as generally accepted approaches to the interpretation of efficiency of institutions. Contents of the term «institution» in the agricultural sphere has been disclosed. It has been determined that institutional analysis of the economy provides for studies in the general social and societal context, when institutions are integrated, interdependent and cause a dominant influence on society. Thus, the institutional paradigm in the economic science forms a research program, in which economy has to be determined by the type of society and presence of the historically sustainable institutional mechanisms to ensure the functioning of economy and society as a whole. Hence the scientific goals of economic analysis, in the first place, must empirically identify, then describe the relevant institutional factors and further determine the prospects for their development.
Authors and Affiliations
Yuliya Gerasymenko
Keywords
Related Articles
- EP ID EP100361
- DOI -
- Views 114
- Downloads 0
Classification of Payment Systems Based on Their Oversight
The question of payment systems classification is studied due to the increase in their economic weight and the necessity of ensuring their safety and effectiveness through oversight of their operations by the central ban...
Assessment of Quality of the Loan-Investment Portfolio of Ukrainian Banks
The article is devoted to assessment and methods of minimisation of credit risks of the loan-investment portfolio (LIP) of Ukrainian banks. The article analyses the structure and dynamics of LIP of Ukrainian banks for th...
Financial Statements of Enterprises and Falsifying: the Historical Aspect
The article is aimed to study the historical aspect of the reasons, methods, and consequences of falsifying information in the reporting, especially in the financial statement. This is related to the fact that companies...
Methods of Cost Management
The problem of accounting, analysis, and cost control in the companies significantly increased nowadays. Cost management is relevant because the achievement of sustainable competitive advantage today is possible only if...
Semantic Analysis of the "Marketing Strategy of a Company" Category
The article analyses main definitions of the "marketing" and "strategic marketing" notions. It identifies main characteristics of the marketing strategy. It conducts a comparative analysis of points of view of both domes...