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TERRA ECONOMICUS

Institutional dynamics of the Russian models of bankruptcy

TERRA ECONOMICUS, , Vol. 12 (no. 3),
p. 184-189

The article examines the institutional dynamics of the Russian bankruptcy system, defines the features of each stage of the formation of the institution of bankruptcy, determines the specificity of the macroeconomic dynamics of relations between the number of bankruptcies in the Russian Federation and the rate of change in country’s gross domestic product. This allowed the authors to justify the conclusion that intrasystem factors of the bankruptcy institute affecting the change in the dynamics of insolvent businesses and sustainable development of the Russian bankruptcy institute dysfunctionality.


Keywords: institutional dynamics; the bankruptcy; dysfunctional institution of bankruptcy

References:
  • Consultant Plus (1998). On Insolvency (Bankruptcy), Federal Law of the Russian Federation, January 8, 1998 № 6-FZ. Available at: http://nalog.consultant.ru/doc1250. (In Russian.)
  • Consultant Plus (2002). On Insolvency (Bankruptcy) of Enterprises, Federal Law of the Russian Federation, November 19, 1992 № 3929-1. Available at: http://nalog.consultant.ru/doc1250. (In Russian.)
  • Galazova S.S. (1999). Intraeconomics: problems of intracorporate relations analysis. News of higher educational institutions. North Caucasus region [Izvestiya vyshikh uchebnykh zavedenii. SeveroKavkazskiy region. Series: Humanities, no. 1, p. 25. (In Russian.)
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  • GARANT.RU (2002). On Insolvency (Bankruptcy), Federal Law of the Russian Federation, October 26, no. 127-FZ. Available at: http://base.garant.ru/185181/#ixzz3GB9VihNX. (In Russian.)
  • Gorokhov M.Y. (2012). Improving the efficiency of interaction between state and market regulators to prevent the bankruptcy of economic entities. Abstract of PhD thesis. Moscow, 34 p. (In Russian.)
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Publisher: Southern Federal University
Founder: Southern Federal University
ISSN: 2073-6606