INSTITUTIONAL ANALYSIS, PLANNING AND CONTROL IN THE SYSTEM OF THE GOVERNMENTAL MANAGEMENT
DOI:
https://doi.org/10.15407/economyukr.2021.07.054Keywords:
new institutional economics; institutions and organizations, planning theory, institutional environment, institutional analysis, control and planning, state regulation of the national economy.Abstract
The aim of this article is to develop a conceptual model of the institutional analysis, planning and control comprehensive system, which, according to the authors’ point of view, has to be integrated organically into the overall system of the governmental management.
The article starts with the analysis of the of the “new institutional economics” methodology’s contributions to theoretical research in the area of applied economics, with particular emphasis to developing countries, particularly to Ukraine.
Then authors continue by providing an overview of the new institutional economics theory and methodology as well as their several branches. Particularly, it is described the authors’ point of view in regard to the fundamental definitions of the institutional theory.
One of the article’s purposes is to outline the basic features of the institutional planning theory and to justify its interpretation in the general planning theory framework. Carrying out this task, the authors describe the existing diversity of planning theories and the main achievements of the new institutional economics in the development and implementation of planning procedures.
From authors’ point of view, institutional planning is the economic theory in which planning is described as the sequence of actions of organizations or/and people responsible for planning procedures and stakeholders in order to get the immediate and final planning results.
The successful implementation of such model would help the planners and stakeholders to get the results that consist in the effectiveness of the national economy and its competitiveness.
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