BOOKS IN EUROPEAN LANGUAGES
The theory of economic growth presented in the monograph allows considering the influence of institutional changes, information and the economy structure on the growth rate and the growth quality of technologies. Eventually it is the economy structure that grows. It is influenced by various factors and the growth itself and it simultaneously defines economic dynamics.
Besides the growth models, the models of information asymmetry are suggested in the monograph. Influence of information asymmetry and influences of inequality level in income distribution on the growth of the system are explained. The author gives the functional model of economic growth when there is a dysfunction in the relevant functions of the system. The relationship of this effect with the conditions of the system growth is demonstrated.
The book will be useful for postgraduate students, doctoral candidates, researchers, developers of macroeconomic growth policy, and senior students of economic universities.
Oleg S. Sukharev
Professor, Head of Laboratory of Institutional Economics at the Institute of Problems of Market of the Russian Academy of Science. Chief researcher of the Institute of Economy RAS. Author of more than 20 books and more than 300 papers on institutional economics, macroeconomics policy, innovation theory of companies and industry, theory of economic growth and institutional change. Oleg S. Sukharev is the author of the concept of dysfunction of institutions and economic systems, has developed a method for measuring dysfunctional states and evaluating the effectiveness of the system of economic organization, and proposed a model of neo-Shumpeterian competition “innovator–conservative” with correction of the findings for economic policy.