Social capital as the factor of the state configuration of the market of the republic of Belarus

• Main Authors: Viktor Ostroga, Olga Zhukovskaya
• Format: Article
• Language: English
• Published: Vilnius Gediminas Technical University 2011-11-01
• Series: Business, Management and Education
• Subjects: social capital; market system; state regulation; economic growth; transactional costs; economic interests
• Online Access: https://www.jbem.vgtu.lt/index.php/BME/article/view/5282

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.