Abstract
The purpose of the research is to study of the features of the influence of social institutions on the cyclicality and dynamics of economic development in the context of identifying the role of social institutions at individual phases of the cycle of economic development, as well as consideration of the functions and tools of social institutions by phases of economic development. The subject of the research is a set of roles, functions and tools of social institutions related to different phases of the cycle of economic development. The methodological base is formed for the implementation of scientific research tasks. Its tools are methods that allow reflecting the features of the influence of social institutions on the cyclical nature of the economy: the method of theoretical foundations, the method of grouping, the method of analysis, the method of comparison, the method of implication. As a result of the study, it is indicated that the functions of social institutions should be highlighted: the consolidation of emerging social relations, adaptation, regulatory processes, a communication basis and a translational basis. The instruments that influence economic fluctuations are formed in the context of social institutions. Thus, the institution of the family is characterized by the use of an optimization mechanism, the concept of sustainability of social relations, the concept of production and distribution of economic benefits in order to meet the needs of each of the subjects.
Published Version
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