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The Institutional Foundations of the Efficient Economic Policy in Ukraine

Kolesnichenko Irina M.

Анотація

The article is aimed at substantiation of the institutional foundations of the efficient economic policy in Ukraine. The article generalizes the development and analyzes the current status of the theoretical base for studying economic policy (EP), its priorities in the conditions of market transformation have been defined, and most importantly – expedience of bringing the achievements of modern institutional economics theory in the process of the State-driven «creating politics» in Ukraine has been substantiated. At the theoretical level, existence of a significant «gap» between the general scientific and the institutional foundations of economic policy has been detected, the devastating consequences for the national economy as result of the prolonged disregarding the institutional component of EP on the part of the State have been defined. The necessity of activating the role of the State in the process of developing strategies and programs for socio-economic development of country, provision of their institutional support on all levels of the power vertical and introduction on their basis the effective economic policy which would be up to the present time challenges, have been substantiated.

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