INSTITUTIONAL CONDITIONS AND THE WAYS OF DEVELOPMENT OF SOUTHERN RUSSIA BASED ON THE PARADIGM OF EFFECTIVE MANAGEMENT OF MACRO-REGIONAL SOCIO-ECONOMIC SYSTEM

The article examines institutional conditions for functioning of the macro-regional socio-economic system in the southern Russia. The article analyzes the reasons of instability of the modern economy, which necessitate creation of conditions for effective functioning and development of macro-regional socioeconomic systems. Hence, the conclusion that the basic tool of management paradigm of macro-regional socio-economic system is to provide a mechanism for effective management, and the role of government, in this case, consists in creation of institutional conditions in order to maintain social and economic stability. On the basis of various factors affecting the development of macro-regional social and economic systems, the article identifies possible ways of development of the Southern macro-region of Russia.

institutional environment, paradigm of effective management, macro-region, socially-economic system, strategy, management mechanism, efficient management, stable operation, economic development, economic growth

Voskanov M. E. Institutional conditions and the ways of development of Southern Russia based on the paradigm of effective management of macro-regional socio-economic system // Business. Education. Law. Bulletin of Volgograd Business Institute. 2015. № 4 (33). P. 71—76.