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Institutional Changes in the Macroregional Model of the Real Technological Development

Authors: Liliya V. Reshetova, Cand. Sc. (Econ.), Associate-Prof. of Economic Theory Dept., Ulyanovsk State University

Dmitry K. Stozhko, Cand. Sc. (Philosophy), Associate-Prof. of General and Economic History Dept., Ural State University of Economics

Abstract: In the article the necessity for further advancement and implementation of macroregional model of the real technological development in Russian economy is justified. It is proved that the model has advantages over the global monetarism model that is widely known in the West and creates more opportunities to ensure the transition to a new type of rational, intelligent consumption, in which the material needs are replaced with the need for innovations and creative work. Particular attention is paid to the institutional changes relating to setting­up of integrated companies and strengthening the role of the state.

Keywords: Institutional changes, macroregional model, real technological development, global monetarism, post-industrial economic system, information society