ROLE AND PLACE OF INSTITUTIONAL CAPACITY IN SOCIO-ECONOMIC DEVELOPMENT.

This article explores the concept of institutional capacity and its role in socio-economic development. It discusses the importance of managing institutional capacity for effective development, particularly in terms of income generation. The article also highlights the role of resource potential and the need to understand the processes of institutional evolution. It emphasizes the complexity of analyzing resource potential due to the multi-vector evolution of social relations and institutional changes. The article suggests further research on evaluating and measuring institutional capital and its impact on socio-economic development. [Extracted from the article]