The Role of Inclusive Institutions in Forming a Transitional Economy

Abstract

In the work was analyzed the entity of institutions, based on the study have been
substantiated, the role of inclusive institutions in the long-term and high-quality growth of the
economy and entrepreneurship. Also described the successful practices of institutional
reforms in foreign countries, as well as the main aspects of the strategy for the formation an
inclusive institutional environment. Noted that when foreign institutions importing and
implementing it is important adopt them to the national conditions. Based on the accumulated
international experience, has proposed practical measures to develop an inclusive institutional
environment in the country.