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Institutions Designing - Theories and Interests

Author

Listed:
  • Shastitko, A.

    (Moscow Lomonosov State University, Russian Academy of National Economic and Public Administration, Moscow, Russia)

Abstract

The author discusses the significance of outcomes of economics achievements for social wellbeing growth from the perspective of institutions designing. There are many examples confirming the opportunity to use these theoretical results in applied issues of social and economic development. However, there are no guarantees that these results will be used for social wellbeing growth. The reason is not only complex interaction of interests groups sensitive to distributive aspects of probable changes, as well as competing research programs in economic science suggesting alternative ways of problems solutions. The reason is also of filters' imperfections within the system "economic science - policy" - syntactic, semantic and pragmatic. One of indicators of demand for economic studies' results is reflected in the designed institutional changes. In particular, it is reflected in regulatory impact assessment. The problem of inelasticity of internal supply of ideas related to syndrome of two discourses is also discussed.

Suggested Citation

  • Shastitko, A., 2017. "Institutions Designing - Theories and Interests," Journal of the New Economic Association, New Economic Association, vol. 35(3), pages 177-184.
    • Handle: RePEc:nea:journl:y:2017:i:35:p:177-184
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    References listed on IDEAS

    as
    1. A. Shastitko, 2009. "Use of expert knowledge in implementing public administration functions," Public administration issues, Higher School of Economics, issue 1, pages 85-108.
    2. A. Shastitko & Sergey Plaksin, 2013. "The effects of penalties: From theory to practice," Public administration issues, Higher School of Economics, issue 3, pages 110-131.
    3. L. Grigoryev., 2017. "Two discourses in Russian economic science," VOPROSY ECONOMIKI, N.P. Redaktsiya zhurnala "Voprosy Economiki", vol. 9.
    4. J. Tirole., 2017. "An economist in the public space," VOPROSY ECONOMIKI, N.P. Redaktsiya zhurnala "Voprosy Economiki", vol. 8.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    interests; designed institutions; economic science; two discourses;
    All these keywords.

    JEL classification:

    • A11 - General Economics and Teaching - - General Economics - - - Role of Economics; Role of Economists

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