Search results

Taking into account the peculiarities of the market of social and environmental services of forests as a new ecological and economic system of the forest sector of the Ukrainian economy, its institutional equilibrium should be understood as a state of the institutional environment in which there is no significant contradiction between informal and formal institutions.The degree of correspondence between formal and informal institutions determines the amount of expenditure to eliminate possible contradictions, that is, the possible dynamics of transaction costs, and, accordingly, determines both the effectiveness of institutional provision and the effectiveness of the economic system as a whole.The most typical situation of institutional disequilibrium in the market of social and ecological forest services is that when the introduction of new formal institutions, that is, the development of the state of the institutional environment in the position of institutional equilibrium is met with strong resistance from the informal. The economic conditions for development of such situation to the state of institutional equilibrium are such when the economic benefits of introducing new formal norms exceed institutional transactions. The strategy to achieve institutional equilibrium is the gradual evolutionary adaptation of informal institutions in existing informal constraints.Another situation of institutional disequilibrium can be generated by the fact that formal institutions do not change when informal institutions change. Economic conditions for development of such situation to the state of institutional equilibrium are those when the price of the risk of penalties for certain informal shadow rules for the exploitation of social and ecological resources of the forest exceeds the benefits. The strategy to achieve institutional balance is in introducing of effective coordination institutions in the institutional environment.A state of institutional disequilibrium is possible, when the acquisition of institutional equilibrium occurs through the adequate development of formal and informal institutions. The economic conditions for the implementation of such process are the conformity of the economic benefits that such transformation gives and the costs of providing informal formal status rules. The strategy for implementing such process should be to choose economically viable alternatives.More theoretically, a state is possible when a certain institutional equilibrium is established between formal and informal institutions, that is, for some time, formal and informal institutions do not change. The economic condition for such provision is that institutional transactions will require more expenses than those benefits that can receive economic agents from institutional development. This situation requires a stabilization strategy, which consists in mutual compromises in resolving issues when concluding and implementing contracts. ; Исследовано состояние институционального равновесия, как таковой, что повышает эффективность функционирования экономической системы. Определено особенности институциональной среды рынка социально-экологических услуг леса, как эколого-экономической системы, экономические условия развития институциональной среды. Приведены стратегии достижения состояния институциональной равновесия. ; Досліджено стан інституціональної рівноваги, як такий, що підвищує ефективність функціонування економічної системи. Визначено особливості інституційного середовища ринку соціально-екологічних послуг лісу, як еколого-економічної системи, економічні умови розвитку інституціонального середовища. Наведено стратегії досягнення стану інституціональної рівноваги.

The processes of formation and functioning of the market for social and ecological forest services depend to a large extent on the availability of an institutional support system that establishes rules and norms for the behavior of market subjects.The practice of institutionalizing new economic systems shows that the basis for designing and organizing the institutions of the new economic system is the existing institutional environment of the economic space, a certain development of which is the new economic system. Such institutionalization strategy envisages the evolutionary development of existing institutions in terms of their adaptation to new economic (ecological and economic) conditions, will allow maintaining existing inter-branch relations, saving financial and material resources.The possibility of implementing the evolutionary strategy of institutionalization of the market of social and ecological services of forests as a new ecological and economic system of the forest sector of the economy is determined by the degree of market-ecological orientation of the main regulatory and legal acts of forestry.Prospects for the transformation of basic legislative acts (formal institutions) to new economic conditions are determined using the method of institutional analysis, conducted according to groups of normative legal acts and their functional purpose.Institutional analysis of program and conceptual institutions of forestry development has shown that these institutions are largely outdated and do not define such direction of development as capitalization of social and ecological forest benefits. This requires updating the program documents and setting priorities for the integrated use of the natural forest resource.The main political and legal acts of the institutional environment of the forestry sector of the economy have a certain market-ecological orientation, it allows to determine the strategy of institutionalization of the market of social and ecological forest services as an evolutionary development of the existing institutional environment of forestry.The existing financial and economic institutions of the institutional forestry environment provide for the financing of activities for the conservation of an environmentally safe environment through a number of environmental taxes, the possible development of such institutions can be the legal coverage of financial flows that can be formed during the capitalization of social and ecological forest benefits.The absence of domestic experience and the institutionalization of ecological and economic systems in forestry require considerable efforts to study foreign experience and create conditions for the import of certain institutions and their adaptation to the conditions of forestry in Ukraine. ; Досліджено можливості інституціоналізації ринку соціально-екологічних послуг лісу шляхом реалізації стратегії еволюційного розвитку існуючого інституціонального середовища лісового господарства. Визначено напрями трансформації інститутів в нові еколого-економічні умови, які полягають у правовому охопленні фінансових потоків, що формуються в ході капіталізації соціально-екологічних корисностей лісу. ; Исследованы возможности институционализации рынка социально-экологических услуг леса путем реализации стратегии эволюционного развития существующей институциональной среды лесного хозяйства. Определены направления трансформации институтов в новые эколого-экономические условия, которые заключаются в правовом охвате финансовых потоков, формирующихся в ходе капитализации социально-экологических полезностей леса.

The processes of formation and functioning of the market for social and ecological forest services depend to a large extent on the availability of an institutional support system that establishes rules and norms for the behavior of market subjects.The practice of institutionalizing new economic systems shows that the basis for designing and organizing the institutions of the new economic system is the existing institutional environment of the economic space, a certain development of which is the new economic system. Such institutionalization strategy envisages the evolutionary development of existing institutions in terms of their adaptation to new economic (ecological and economic) conditions, will allow maintaining existing inter-branch relations, saving financial and material resources.The possibility of implementing the evolutionary strategy of institutionalization of the market of social and ecological services of forests as a new ecological and economic system of the forest sector of the economy is determined by the degree of market-ecological orientation of the main regulatory and legal acts of forestry.Prospects for the transformation of basic legislative acts (formal institutions) to new economic conditions are determined using the method of institutional analysis, conducted according to groups of normative legal acts and their functional purpose.Institutional analysis of program and conceptual institutions of forestry development has shown that these institutions are largely outdated and do not define such direction of development as capitalization of social and ecological forest benefits. This requires updating the program documents and setting priorities for the integrated use of the natural forest resource.The main political and legal acts of the institutional environment of the forestry sector of the economy have a certain market-ecological orientation, it allows to determine the strategy of institutionalization of the market of social and ecological forest services as an evolutionary development of the existing institutional environment of forestry.The existing financial and economic institutions of the institutional forestry environment provide for the financing of activities for the conservation of an environmentally safe environment through a number of environmental taxes, the possible development of such institutions can be the legal coverage of financial flows that can be formed during the capitalization of social and ecological forest benefits.The absence of domestic experience and the institutionalization of ecological and economic systems in forestry require considerable efforts to study foreign experience and create conditions for the import of certain institutions and their adaptation to the conditions of forestry in Ukraine. ; Досліджено можливості інституціоналізації ринку соціально-екологічних послуг лісу шляхом реалізації стратегії еволюційного розвитку існуючого інституціонального середовища лісового господарства. Визначено напрями трансформації інститутів в нові еколого-економічні умови, які полягають у правовому охопленні фінансових потоків, що формуються в ході капіталізації соціально-екологічних корисностей лісу. ; Исследованы возможности институционализации рынка социально-экологических услуг леса путем реализации стратегии эволюционного развития существующей институциональной среды лесного хозяйства. Определены направления трансформации институтов в новые эколого-экономические условия, которые заключаются в правовом охвате финансовых потоков, формирующихся в ходе капитализации социально-экологических полезностей леса.