THE INTERACTION OF STATE AND MARKET COORDINATION
Journal Title: Економіка розвитку - Year 2013, Vol 68, Issue 4
Abstract
The nature of interaction of state and market coordination of economic activities is studied. Attention is focused on the necessity of retreat from the neoclassical view on the state role as a market failures compensator; and understanding of the state as an equitable subject of coordination is promoted. Inseparability of the market, state and civil society as coordination agents is emphasized. Complementary character of the senstitutions is justified on the grounds that they are interconnected, permeate each other, and form nearly optimal symbiosis by creating and reproducing institutional conditions for their existence.
Authors and Affiliations
H . Pylypenko
Keywords
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