THE INSTITUTIONAL APPROACH TO THE MARKET AND ECONOMIC DEVELOPMENT
This paper presents a variant of the institutional approach to a market economy, which explanatory variables are the power, moral principles and relevant to national interests. Our approach is argued politico-economic analysis of the aviation industry under a centralized planned production and a market economy, as well as various forms of private property. The conclusion about the inadequacy of economic policy based on liberal principles of self-regulating free market.