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INSTITUTIONALIZATION OF SYSTEM CONTROL OVER REGIONAL ECONOMY DEVELOPMENT



I.N. Makarov
A.V. Zatevakhina
dekanat205@yandex.ru
dekanat205@yandex.ru
senior lecturer at the Department of Economics, Management and Marketing, Lipetsk Branch of Financial University under the Government of the Russian Federation, PhD in Economics, associate professor
senior lecturer at the Department of World Economy and Management, International Banking Institute, PhD in Economics
Lipetsk
St. Petersburg

Keywords:

  • region
  • system
  • institution
  • institutionalization
  • effectiveness
  • regional elite
  • control
  • We analyze the process of institutionalization of system control over regional economy development.
    The relevance of researching the process of institutionalization of system control over regional economy development is explained by the fact that institutions play the key role in forming the motivation of economic agents and setting limits to their activity, which directly affects final economic results.
    We offer a detailed analysis of necessary conditions for the emergence of economic institutions having stimulating impact on the economy and factors of economic growth of a territory. We analyze the methodological principles of forming and analyzing institutions of regional development control, their conformity to modern economic environment and their role in regional socio-economic systems.
    On the basis of the analysis of the Federal law “On strategic planning in the Russian Federation” as an institution of regional development control we come to the conclusion that it will not have system effectiveness.

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