Institutional mechanisms for reconciling interests as a condition for ensuring socio-economic security at the micro level

Journal Title: Бюллетень науки и практики - Year 2018, Vol 4, Issue 5

Abstract

The development of criteria for the coordination of macroeconomic and microeconomic interests is a rather laborious methodological task. The difficulty lies in the fact that the bulk of the issues related to the formation of the institutional economy is multifunctional and involves the development of issues of political economy, the scientific basis of management, its legal support, philosophy, sociology, management organization, the problems of the economy of the state and its sectors. There is no doubt that the solution of this difficult problem is possible only within the framework of systematic studies of economic processes and generalization of their results. In the center of institutional reforms are not only the problems of formation of social utility of the goods, but also the problem of constant reduction of socially important costs for its creation. It is necessary to arrange so that any member of financial and economic process received the income depending on usefulness which it gives to society. The establishment of institutions of coercion was important in resolving the problem. With their support, it is likely to overcome the unwritten opposition of market players who are obliged to adapt to the macroeconomic situation.

Authors and Affiliations

Dmitriy Shvaiba

Keywords

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  • EP ID EP485223
  • DOI 10.5281/zenodo.1246256
  • Views 88
  • Downloads 0

How To Cite

Dmitriy Shvaiba (2018). Institutional mechanisms for reconciling interests as a condition for ensuring socio-economic security at the micro level. Бюллетень науки и практики, 4(5), 361-369. https://europub.co.uk/articles/-A-485223