| | PROBLEMS OF MODERN ECONOMICS, N 2 (58), 2016 | | IS THERE AN ECONOMIC CRISIS IN RUSSIA? DISCUSSION | | Kuchits I. O. PhD student, Institute of Economics, Karelian Scholarly Center, Russian Academy of Sciences (Petrozavodsk)
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| The article discusses the theoretical foundations of regulation, cites exceptions from the traditional regulation models (i.e. the so-called problems of small and micro-states), and shows how the theory of institutional matrices can expand the classical macro-economic model. The author analyzes the data on the share of state GNP expenses in X- and Y- economics, which support a well-recorded tendency on the growth of the role of X-countries in the global community and the increase of the role of X-institutions in Y-countries | Key words: state expenses, macro-economic model of regulation, state regulation, institutional economics, X- and Y- institutional matrices | Pages: 51 - 54 |
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