scholarly journals ECONOMIC THEORY, STATE POLICY AND PUBLIC ADMINISTRATION

2019 ◽  
Vol 2019 (11-12) ◽  
pp. 3-33 ◽  
Author(s):  
Mykhailo ZVERYAKOV ◽  
◽  
Andrii GRYMALYUK ◽  
Keyword(s):  
Economic Theory ◽  
Economic Development ◽  
Public Management ◽  
Critical Mass ◽  
Economic Research ◽  
Scientific Management ◽  
Economic Science ◽  
Object Model ◽  
Economic Management ◽  
Modern Development

Currently, Ukraine is in a kind of “bifurcation point”, which opens up the possibility of further historical movement in several mutually exclusive directions. Under these conditions, the importance of economic science, which is called upon to actively influence social choice by means of a theoretical justification of such a variant of the state economic strategy that would meet the objective needs of developing the country’s productive forces to the greatest extent, is sharply increasing. The main goal of the article is to use the categorical apparatus of economic theory to scientifically determine the contours of such an economic management model that could become an effective alternative to the old management system, which is the main cause of Ukraine’s economic failure. International practice has accumulated a critical mass of empirical material showing that under modern conditions the subject-object model of driven development is becoming dominant. Within the framework of this model, society, acting as a single collective subject, consciously uses the objective economic laws of capitalism to develop its productive forces. The success of volitional transformations beginning in our country will ultimately largely depend on whether they lead to the creation of a modern development model, identical in its economic content to state capitalism. These specific historical conditions determine the necessary relationship between economic theory and public policy in the framework of the new model of economic management, which involves not just managed, but scientifically-driven development. Such scientific management of economic development is especially necessary for Ukraine, which under the guise of neoliberal deregulation stubbornly imposes a long-obsolete neoliberal model of spontaneous market transformation. Therefore, under modern conditions, political economy is called upon to become, first of all, a theory of action, a theory of public management of the economy. This opens up new broad opportunities at all levels of economic research, including: (i) the further development of the proposed methodology itself; (ii) the development of economic theory on its basis; and (iii) the consistent application of this theory to solve the extremely complex practical problems associated with the process of creating a subject-object model of driven economic development in Ukraine.

scholarly journals ФОРМУВАННЯ ЕФЕКТИВНОЇ СИСТЕМИ УПРАВЛІННЯ ЕКОНОМІКОЮ - ВЕКТОР СУЧАСНИХ РЕФОРМ В УЗБЕКИСТАНІ

2021 ◽  
pp. 45-55
Author(s):  
Алішер Файзійович Расулев ◽  
Сергій Олексанрович Воронін
Keyword(s):  
Economic Development ◽  
National Economy ◽  
Management System ◽  
The State ◽  
Economic Research ◽  
Human Potential ◽  
Economic Management ◽  
Management Reform ◽  
The Republic ◽  
Market Relations

Formulation of the problem. The use of an effective economic management system allows you to create favorable conditions for achieving long-term economic growth at minimal costs. The purpose of the study is to study foreign experience of economic management reform, review the course of administrative reform in the Republic of Uzbekistan and, on the basis of available data, develop recommendations for the national economy. The subject of this research is the development of the management system of the national economy in the context of the transition to full-fledged market relations. Methods of economic research - system analysis, generalization, scientific abstraction, historical and logical method, classification, etc. The hypothesis of the research is that currently the main vector of reforms in Uzbekistan is optimization and increasing the efficiency of the economic management system. The use of market and administrative instruments will improve the quality parameters of economic development, create conditions for increasing the competitiveness of the economy. Presentation of the main material. The main features of the management reform in various countries of the world are revealed, an analysis of the reform of the national economy management system is made, recommendations for the transition to a full-fledged market are substantiated. The originality and practical significance of the study is that it systematizes the main approaches to the reform of economic management, studies the features of management reform in the Republic of Uzbekistan, substantiates recommendations for increasing its efficiency in the period of overcoming the consequences of forced restrictions and for the future. The conclusions of the study are that “market mechanisms” are just one of many necessary tools to achieve the goals of the country's socio-economic development. Therefore, it is necessary to clearly “outline the boundaries” in which areas the state should introduce market relations, in which to regulate activities and in which - to produce or provide services. When developing a new system of economic management, it is necessary to include tasks for both the development of market institutions and administrative procedures. When carrying out the privatization of enterprises engaged in the extraction of minerals and their primary processing, the controlling stake must be retained by the state. The main resource of the country is the accumulated human potential, which requires special attention from the state during the reform process. The new economic management system must be ready to respond promptly to internal and external challenges

scholarly journals ЕКОНОМІКО-МАТЕМАТИЧНЕ МОДЕЛЮВАННЯ В СИСТЕМІ ЕКОНОМІЧНИХ ДОСЛІДЖЕНЬ

2019 ◽  
Vol 129 (6) ◽  
pp. 48-55
Author(s):  
Наталія Сергіївна Ручинська
Keyword(s):  
Economic Theory ◽  
Economic Models ◽  
Economic Research ◽  
Economic Science ◽  
Research Approach ◽  
Economic Modelling ◽  
Mathematical Economic ◽  
Mathematical Methods ◽  
Unique Identifier ◽  
Functional Changes

Contemporary realia of transformational processes in Ukraine's economy drive the need for implementation of a specific toolkit that seamlessly integrates a range of mathematical methods to solve economic problems. Mathematical economic models are increasingly becoming indispensable tools for modern theoretical and applied economics. However, the self-sufficiency of this research approach has been repeatedly questioned due to a number of organizational and institutional challenges in the economic science and education domains, as well as in the context of functional changes in the economy as a whole. The purpose of this study is to substantiate the concept of the role and significance of mathematical economic modelling within the framework of theoretical and applied economic research, along with providing insights into the role of mathematical economic modelling as a separate area of study and applied economic research viewed as a connecting link in the triad of "economic theory – economic policy – business practice". It is argued that a mathematical economic model has to be legitimized as a separate research subject (to some extent similar to the concept of a legal entity in the economy) that complies with certain requirements of economic theory and economic information. For this purpose the model should entail specific inherent characteristics including the model datasheet which is a unique identifier of a model, contributing to clear differentiation of one model from another. Alongside with the need to enhance the methodology and application of mathematical economic models, an overdue challenge is the demand for inventory of existing model park, the preparation of a comprehensive Handbook on mathematical economic modelling tools providing specific outcomes of their application which is consistent with published scholarly literature and applied studies on modelling methods and models of real objects and systems.

Modern Western Economic Theory (The Survey of the Main Tendencies)

2008 ◽  
pp. 20-43 ◽  
Author(s):  
A. Khudokormov
Keyword(s):  
Economic Theory ◽  
Detailed Analysis ◽  
The State ◽  
Point Of View ◽  
Economic Research ◽  
Economic Science ◽  
Mainstream Economics ◽  
Modern Economic

The author considers modern economic theory from the point of view of crisis phenomena inherent to it. He recapitulates various aspects and positions of different authors and concludes that there is obvious presence of crisis tendencies in different fields of economic research. Nevertheless it is not worth talking about the crisis as there is no real alternative to neoclassical mainstream economics. Basing upon the detailed analysis of the state of modern economic science the article classifies its major schools and currents putting emphasis on the philosophical, political and ideological orientation of their main representatives.

Naturalizing the Subject of Economics: From Following the Norms of Natural Science to Owning the Laws of Nature

2020 ◽  
Vol 30 (3) ◽  
Keyword(s):  
Economic Theory ◽  
Subject Matter ◽  
Natural Science ◽  
Laws Of Nature ◽  
Economic Research ◽  
Economic Science ◽  
Research Strategies ◽  
The Subject ◽  
Moral Certainty ◽  
Empirical Foundation

One of the central threads in the historical development of economic science since the 18th century is the search for ways to turn the economy into a discipline resembling natural science, to put it on a solid empirical foundation expressed in mathematical language completely devoid of subjectivity while it apprehends the laws of nature. The article reviews the epistemological history of economics as a discipline through confrontations between epistemic virtues (“moral certainty” and “mechanical objectivity”), research strategies (empiricism and mathematical rationality) and institutional status (science or art). In this regard, the authors analyze the transitions from understanding economics as a “moral science” through the marginalist and formalist revolutions to taking economics as a field for formal ontologies and abstract mathematical models and tools. They then focus on tracing economic theory’s consistent adherence to the epistemological standard of scientific knowledge which was set by classical mechanics — the historical core of science in the modern era — together with the costs incurred by mathematical presentation and rejection of the ideal of “moral certainty”. The authors show how the loss of the empirical component and the growing issue of the substantive component of formal models have resulted in the “empirical turn” in economics. Using the example of neuroeconomics as the most radical attempt to naturalize the subject matter of economics, they outline the modern attempts to saturate economic research with empirical content and return to the project of a “physicalist” economics that will discover the laws of nature as the natural sciences have done. The authors argue from the ambivalent nature of the purposes and results of neuroeconomics to show that the empirical path of neuroeconomics, which was adopted in order to link the formal concepts of neoclassical economic theory with the experimental data and material models of neuroscience, leads instead to further degradation of the subject matter of economics as social objects are replaced with their presumed material infrastructure (neurophysiological correlates of social facts) without solving the problem of the empirical foundation for economic theory.

scholarly journals Socio-Economic Development of Russia and Problems of Spatial Structuring

2021 ◽  
pp. 64-76
Author(s):  
Natalya Molchanova
Keyword(s):  
Economic Development ◽  
Social Order ◽  
State Regulation ◽  
Economic Research ◽  
Economic Systems ◽  
Economic Science ◽  
Successful Implementation ◽  
Public Attention ◽  
Regional Economic ◽  
Spatial Structuring

The transition to a new social order is accompanied by changes in the methodology and functioning of socio-economic systems. The modern period of the development of scientific research is characterized by a variety of recommendations and opinions of scientists on the strategy and tactics of managing economic development. It is difficult to reach a consensus in choosing the most effective means of economic policy, taking into account the peculiarities of the current internal and external situation. For the functioning of the national economy of Russia, it is important to reach a consensus in the applied methods and instruments of state regulation of economy in the territorial context: macroregions, regions, municipalities. The necessary conditions for the successful implementation of state plans and programs are the coordination of the activities of economic entities, production cooperation, and the stability of economic ties. The development and implementation of effective measures are relevant to current scientific problems and are in the center of public attention. The aim of the research is to study the features of spatial structuring in accordance with regional policy and national strategic documents, to conduct a content analysis of the socio-economic situation of Russian territories of different ranks. The expected result is the preparation of recommendations for the development of certain aspects of regional economic research. On the basis of factual material on federal districts, the work examines the possibilities of the practical application of methods and tools of regional economic science to achieve high results in business practice. Using general scientific and applied methods, a conceptual vision of the necessary changes in the priorities of spatial development and the system of strategic planning documents is presented. Based on the objective process of digitalization, current trends have been identified and possible innovations in approaches to structuring space at the subnational level have been formulated, and possible directions of transformation in the management of regional socio-economic systems have been substantiated.

Modern Economic Theory: The Main Tendencies

2007 ◽  
pp. 35-54 ◽  
Author(s):  
A. Libman
Keyword(s):  
Social Sciences ◽  
Economic Theory ◽  
Empirical Research ◽  
Scientific Community ◽  
Economic Research ◽  
Economic Science ◽  
Mainstream Economics ◽  
Advantages And Disadvantages ◽  
Modern Economic ◽  
Methodological Approaches

The paper presents a survey of the main fields of theoretical and empirical research in economics and social sciences. It offers two classifications of economic research based on methodology and segments of scientific community. Advantages and disadvantages of different methodological approaches and standards of communication are considered. The article also discusses the main directions of evolution of mainstream economics, as well as empirical and experimental turn in the modern economic science.

On the prospects for the evolution of the problematics of economic theory in the period after the COVID-19 pandemic

2021 ◽  
pp. 3-14
Author(s):  
V. E. Dementiev
Keyword(s):  
Economic Theory ◽  
Economic Development ◽  
Scientific Development ◽  
Economic Systems ◽  
Economic Science ◽  
Close Attention ◽  
Economic Agents ◽  
Socio Economic Development ◽  
National Economies ◽  
Structural Solutions

The article is devoted to the prospects of the evolution of the problematics of economic theory in the post-COVID period. At the same time, the author proceeds from a number of methodological assumptions, including the following two. First, one of the general and enduring tasks of this theory is to anticipate the next challenges on the path of socio-economic development. Secondly, the reconstruction of history is considered in economic science as a tool not only for solving current problems, but also for predicting new challenges. For example, is it advisable to maintain the increased influence of the state on the economy in the context of COVID-19 after the end of the pandemic? This is one of the questions facing economic theory. It is given a non-trivial nature by the tendency of increasing various risks faced by socio-economic development. The challenges associated with the artificial overflow of information channels and manipulation of the behavior of economic agents require close attention. As a particularly important task of economic science, the author sees the search for ways to adapt national economies and their agents in the increased turbulence of the economic environment as a «new normality». As a result, the importance of scientific development of institutional and structural solutions that ensure the adaptability of socio-economic systems increases dramatically.

Economic Theory and Economic Reality

2021 ◽  
pp. 1-26
Author(s):  
Kyriaki I. Kafka
Keyword(s):  
Economic Theory ◽  
Economic Development ◽  
Economic Science ◽  
Social Phenomena ◽  
Deep Roots ◽  
The Great Depression ◽  
Economic Development And Growth ◽  
Two Factors ◽  
The Individual ◽  
Born Again

The necessity of searching for deeper roots plays a significant role in the evolution of the economic development and growth. This issue arises from the complex globalized world, the understanding of which requires an in-depth analysis. This issue is born again in the aftermath of the Great Depression of 2008, which highlighted the inability of economics to address it. The need to turn to the deeper roots is reinforced by the individual empowerment and the increasing need to understand economic and social phenomena. Thus, the relationship between economic theory and reality is under new foundations. The cultural and institutional background stand out as the deep roots affecting the way economies operate and raise questions of effectiveness in implementing economic policy when applied in the same way across all economies. For these two factors to be taken into account in economics, a more general and integrated view of economic development and growth is required. It is an attempt at an evolutionary perspective of economic science that illuminates the meso- and meta-economics approach.

Economic theory in IMEMO (The Soviet period)

2016 ◽  
pp. 117-134 ◽  
Author(s):  
V. Avtonomov
Keyword(s):  
Economic Theory ◽  
International Relations ◽  
World Economy ◽  
Theoretical Work ◽  
Economic Research ◽  
Soviet Period ◽  
Economic Science ◽  
History Of ◽  
World Economic ◽  
Academy Of Sciences

The article deals with the history of economic research at the Institute of World Economy and International Relations (IMEMO) of the Russian Academy of Sciences. This history is analyzed in the context of the Soviet and world economic science. The specific nature of Soviet economic theory is characterized as well as a special position of IMEMO, in its function of the leading thinktank in the field of world economy and international relations. Two main directions of theoretical work of IMEMO economists are identified: transition from the facts and statistical data towards a revision of dogmatic Marxism, and from Western theories to original ideas and practical recommendations. The connection of the theory and applied expertise is given a special attention.

scholarly journals On the Influence of Metamodernity on Institutional Economic Theory

2021 ◽  
pp. 69-76
Author(s):  
Svetlana L. Sazanova
Keyword(s):  
Economic Theory ◽  
Interdisciplinary Approach ◽  
Emotional Reactions ◽  
Economic Behavior ◽  
Economic Research ◽  
Economic Science ◽  
Economic Agents ◽  
Institutional Economic ◽  
The Times

The article analyses the influence of the philosophy of metamodernism on the institutional economic theory. The author considered the philosophy of metamodernism as a complex of ideas that form the “spirit of the times” – ​the “era of metamodernity”, which is an external environment in relation to institutional economic theory. Having analyzed the key characteristics of modernity and postmodernity, the author proved that metamodernity is not only a synthesis of the philosophical ideas of modernity and postmodernity, but also a new worldview that embraces the entire socio-economic reality. The author formulated the features of the era of metamodernity in the context of economics-society-institutions. The author found that under the influence of the ideas of metamodernity, there have been changes in the motivation of economic agents: from the satisfaction of subjective preferences to the search for new emotional reactions. This, in turn, led to changes in collective (social) economic behavior: rejection of traditional values in favor of values of self-expression, rejection of long-term relationships in favor of long-term ones. According to the author, changes in individual and collective economic behavior occur in parallel with institutional changes at the micro, meso and macro levels: hierarchical institutional structures are being replaced by socio-economic and business ecosystems. Exploring the evolution of economic science in the context of evolution from modern philosophy to postmodern and metamodern philosophy, the author revealed the influence of the ideas of metamodernity on modern economic theory in general and institutional economic theory in particular. The author found that under the influence of the ideas of metamodernity, changes occur in the object and subject of economic research, which requires the improvement of the methodology of institutional economic theory based on an interdisciplinary approach.

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