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Meta-institutions as a Product of Institutional Dynamics and Institutional Reformation

Author

Listed:
  • Alexandra Grigorievna Polyakova

    (Industrial University of Tyumen, Plekhanov Russian University of Economics)

  • Julia Nikolaevna Nesterenko Nesterenko

    (Moscow State Humanities and Economics University)

  • Elena Albertovna Sverdlikova Sverdlikova

    (Lomonosov Moscow State University)

Abstract

Institutions keep on rising in their role in the process of regulating the conflicts, that are attributes to market-type economic systems. The analysis of recent papers demonstrates an active shift towards institutional models that are able to explain the vector of transformations; reformation is related to changes in institutional environment via modeling the parameters of different agents‟ behavior. The article searches into the evolution of institutions as a reflection for socioeconomic space components change. The emphasis is made on sophistication of spatial organization and strengthening of its network-based character, as well as the necessity of institutions modernization and creation of “new age” institutions in order to make the environment match the society requirements and demands. The research of known institutions typologies allowed to determine that sophistication of economic activities leads to meta-institutions creation. Development of the latter can be facilitated by cloud technologies that offer aggregated data storage and processing separately from any structural unit.

Suggested Citation

  • Alexandra Grigorievna Polyakova & Julia Nikolaevna Nesterenko Nesterenko & Elena Albertovna Sverdlikova Sverdlikova, 2019. "Meta-institutions as a Product of Institutional Dynamics and Institutional Reformation," Postmodern Openings, Editura Lumen, Department of Economics, vol. 10(2), pages 137-154, June.
    • Handle: RePEc:lum:rev3rl:v:10:y:2019:i:2:p:137-154
    DOI: https://doi.org/10.18662/po/76
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    References listed on IDEAS

    as
    1. Greif, Avner & Laitin, David D., 2004. "A Theory of Endogenous Institutional Change," American Political Science Review, Cambridge University Press, vol. 98(4), pages 633-652, November.
    2. Valasek, Justin, 2018. "Dynamic reform of public institutions: A model of motivated agents and collective reputation," Journal of Public Economics, Elsevier, vol. 168(C), pages 94-108.
    3. Markey-Towler, Brendan, 2019. "The competition and evolution of ideas in the public sphere: a new foundation for institutional theory," Journal of Institutional Economics, Cambridge University Press, vol. 15(1), pages 27-48, February.
    4. Alexandra Grigorievna POLYAKOVA & Julia Nikolaevna NESTERENKO & Elena Albertovna SVERDLIKOVA, 2018. "A Philosophical Approach of the Modernization Process of Russian Economy and Economic Institutions," Postmodern Openings, Editura Lumen, Department of Economics, vol. 9(1), pages 109-128, March.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Institutional theory; institutions; meta-institutions; institutional reforms; institutional dynamics; modernization of institutions; state administration; social and economic space; network organization of space; cloud technologies;
    All these keywords.

    JEL classification:

    • A23 - General Economics and Teaching - - Economic Education and Teaching of Economics - - - Graduate

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