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BUSINESS INFORM №7-2014

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4

Section: Economic Theory
UDC 330.837
Paimanova V. A.
Institutional Design of the Capital Market as an Economic Category (p. 23 - 27)

The purpose of the article is to reveal the content of the institutional design of the capital market in terms of backwardness of the institutional environment, where the capital market itself externally looks like the markets of developed countries. The main prerequisites for the formation of the institutional design of the capital market in Ukraine were considered, the possible difficulties of its implementation, as well as due to its necessity in the formation of institutions to ensure the effectiveness of institute establishment. The study defines the essence of the institutional design of the capital market as a purposeful process of the formation of institutional arrangements in order to create an effective and harmonious institutional environment. Institutional design is a creative process of building the institutional system, where institutional architectonics as an integral structure of institutions acting as a result of institutional design as a process of activities of the company to create an institutional architectonics. Prospects for further research in this direction is to identify ways to implement the institutional design of the capital market, to determine the degree of influence of institutional factors that significantly affect the development of this market, the implementation of an adequate assessment of their management decisions at the micro and macro levels.
Keywords: institutional design of the capital market, institutional environment, architectonics, institute establishment
Bibl.: 11.

Paimanova Viktoriia A. – Postgraduate Student, Department of Economic Theory and economic methods in management, V. N. Karazin Kharkiv National University (4 Svobody Square, Kharkіv, 61022, Ukraine)
Email: [email protected]

Article is written in Ukrainian
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Reference to this article:
Paimanova, Viktoriia A. (2014) “Institutional Design of the Capital Market as an Economic Category.” Business Inform 7:23–27.


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