Cultural guidelines and “institutional traps” of socio-economic systems

Abstract

The article deals with the problem of «institutional gaps» formation in a contest of S.Schwartz theory of cultural orientation, the phenomenon of Nordic model of economic development in a contest of values and cultural orientation is discussed, the vectors of institutional modernization of social- economic systems are proposed.

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Scientific Enquiry in the Contemporary World: Theoretical Basics and Innovative Approach: Research articles. –Vol. 4. Economics. –San Francisco, California, USA: B&M Publishing, 2014. – P.51-54

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