Institutional Provision of the State Regulatory Policy in Ukraine

  • Alina GLUSHKO Poltava National Technical University named after YuriyKondratyuk, Ukraine
  • Olga MARCHYSHYNETS Poltava National Technical University named after YuriyKondratyuk, Ukraine


The article substantiates the necessity of using an institutional approach in the study of the state regulatory policy in the conditions of transformational processes in the national economy. A state regulatory policy is described as a complex multicomponent system. The interrelation of its subjects and objects is determined. The authors define the concept of ‘state regulatory policy’, according to which a state regulatory policy is a normative form of realization of the functions of the subjects of the regulatory processes in the national economy to ensure the socio-economic development of the country and to increase the well-being of its citizens in the conditions of the deepening globalization processes. The authors substantiate the necessity to clarify the conceptual and categorical apparatus during the research of institutional character. The essence of the concepts ‘institute’, ‘institution’ and ‘institutional provision’ is revealed. It is proved that under the institutional provision of the state regulatory policy one should understand the totality of state and non-state institutions that ensure the availability of legal, organizational and economic conditions, which are necessary for the formation and implementation of an effective state regulatory policy. The institutional-legal, institutional-organizational and institutional-personnel provision of the state regulatory policy is characterized. The main existing problematic aspects of institutional provision of the state regulatory policy in Ukraine are outlined and the necessity of an integrated approach to introducing qualitative changes in institutional-legal, institutional-organizational and institutional-personnel provision is substantiated


[1] Brown, P. 2000. The Public Policy Analysis Tool (Trans. from Eng.). Osnovy, Kyiv.
[2] Burkaltseva, D.D. 2012. Subjective-institutional provision of economic security of the state. Bulletin of Chernivtsi Institute of Trade and Economics, Series of Economic Sciences, 2: 121 – 127.
[3] Commons, J.R. 1931. Institutional Economics. American Economic Review, 21: 648–657. McMaster University, Faculty of Social Sciences, CA. institutional.txt.
[4] Gaidai, T.V. 2006. The Institute as an Instrument for Institutional Economic Analysis. Ekonomіchnateorіja, 2: 5–64.
[5] Glushko, A.D. 2013. Directions of improvement of institutional support of the state regulatory policy. Proceedings of ninth international scientific and practical internet conference on innovations and traditions in modern scientific thought. Part 1 (15-19). Kyiv, 15 – 17 of August, 2013.
[6] Hodgson, J. 2003. Economic theory and institutions: a manifesto of modern institutional economic theory (Trans. from Eng. by M. L. Kazhdan). The Russian Presidential Academy of National Economy and Public Administration, Moscow.
[7] Litvinov, O.V., Litvinova, N.N., and Stadnychuk, N.V. 2012. Implementation of the state regulatory policy by local self-government bodies: the practical manual. Monolit, Dnipropetrovsk.
[8] North, D. 2000. Institutions, institutional change and functioning of the economy (Trans. from Eng. by І. Dzjub). Osnovi, Kyiv.
[9] Onishchenko, S.V. 2016. Institutional Support of Budget Security of Ukraine. Bulletin of the Taras Shevchenko National University of Kyiv. Series of Economics, 5(182): 31-39.
[10] Ostrom, E. 1990. Governing the Commons: The Evolution of Institutions for Collective Action. Cambridge University Press, Cambridge. p. 51.
[11] Stupen', M., and Shumlyansky, B. (Ed.). 2015. Clarification of the conceptual-categorical apparatus of the institutional support of the investment activity of the forest sector of the economy. Economist, 1: 27-29
[12] The Law of Ukraine ‘On the Principles of the State Regulatory Policy in the Field of Economic Activity’ from 11.09.2003 No. 1160-IV. 2004. Journal of the Verkhovna Rada of Ukraine, 9: 79.
[13] Varnalij, Z.S., Burkaltsev, D.D., and Sayenko, O.S. 2011. The Economic Security of Ukraine: Problems and Priorities for Strengthening. ZnannjaUkraїni, Kyiv: 42.
[14] Veblen, T. 1918. The Theory of the Leisure Class: An Economic Study of Institutions. B.W. Huebsch, New York. Online Library of Liberty.
[15] Viscuzi, W.K., Vernon, J.M., and Harrington, J.E. 2000. Economics of Regulation and Antitrast, 3rd ed. MIT Press, Cambridge, MA.
[16] Yuldashev, O.O. 2011. Administrative and legal provision of the right of public organizations to access information and state regulatory policy. NashePravo, Special publishing house of UNESCO, 2: 70 – 74.
How to Cite
GLUSHKO, Alina; MARCHYSHYNETS, Olga. Institutional Provision of the State Regulatory Policy in Ukraine. Journal of Advanced Research in Law and Economics, [S.l.], v. 9, n. 3(33), p. 941-948, dec. 2018. ISSN 2068-696X. Available at: <>. Date accessed: 24 june 2019. doi: 3(33).18.