Business, Management and Education, Vol 9, No 2 (2011)

Social Capital as the Factor of the State Configuration of the Market of the Republic of Belarus

Viktor Ostroga (The Belarusian State Universit, Belarus)
Olga Zhukovskaya (The Belarusian State Universit, Belarus)

Abstract


In the article social capital as the factor of social and economic exchange optimization (transactional costs decrease), configuration of the market and system of economic interests of the Republic of Belarus in the context of the history of this social and economic phenomenon research, the place and role of state regula­tion in economic processes and modern understanding of the market in correla­tion with economic growth and national safety is considered. Also the influence of social capital on the market system of Belarus and mechanisms of this social and economic phenomenon usage with the view of market functioning perfection is analyzed under the conditions of national and global imperatives.

Article in: English

Article published: 2011-11-28

Keyword(s): social capital; market system; state regulation; economic growth; transactional costs; economic interests

DOI: 10.3846/bme.2011.17

Full Text: PDF pdf




Business, Management and Education ISSN 2029-7491, eISSN 2029-6169
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