CULTURE AND INSTITUTIONS INTO EVOLUTIONAL ECONOMICS: CONCEPIUAL APPROACH TO THE ANALYSIS

• Main Authors: V. V. Biryukov, E. V. Romanenko
• Format: Article
• Language: Russian
• Published: Siberian State Automobile and Highway University 2017-08-01
• Series: Вестник СибАДИ
• Subjects: methodological individualism; methodological holism; economy; ethic; cultural and valuable system; institutional system
• Online Access: https://vestnik.sibadi.org/jour/article/view/58

The methodology of the study of the relationship between culture and institutions in economic processes is proposed. Cultural-value system as a special component of the economic reality, contributing to the formation of the institutional shell is interpreted. Cultural values and institutional structuring of the economy acts as a compromise of interacting, heterogeneous entities at different levels are show. The relevance and increasing importance of the realization of ethical-oriented approach in the formation of institutional practices and the solution of strategical problems are justified.