SOCIAL PARTNERSHIP IN INSTITUTIONAL SECTOR OF ECONOMIC DEVELOPMENT
The article notes that social partnership as an active economic phenomenon corresponds to the main categories of institutionalism and the Labor Code defines the norms of social partnership in the country, ensuring an alignment of the interests of its members with labor relations and other directly related issues. According to the author, social partnership acts as a regulator and institution for a development of economic relations and an integration of interests of participants in economic relations, and also emphasizes a correctness of institutional approach to social partnership. The article also highlights the role of the state as a key institution for an adoption of legal instruments, determination of a legal status of participants in social partnerships, ensuring the process of settling conflicts between participants in social partnership.