Construction Industry’s Regulatory Institutions

Abstract:

The key element of the construction industry is the capital construction, which is finishing and combining efforts of all investment industries and turning material resources into fixed assets, creating conditions for commissioning and use in the social production of means and objects of the labor. At the same time the construction industry is connected with other economy sectors and their end products consumption. Such close interconditionality predetermines need for increase the construction complex efficiency, which is promoting to the increase in rates of economic growth at any particular region and country. The industry’s effective functioning requires creating institutional conditions for the growth and stability. The article is aimed at the questions construction industry regulation and enhances the effectiveness of the institutes, which are participating in this process.

• Periodical: Materials Science Forum (Volume 931)
• Pages: 1214-1219
• DOI: https://doi.org/10.4028/www.scientific.net/MSF.931.1214
• Online since: September 2018
• Authors: Meri V. Gogitidze, Olesya I. Guzenko*, Anna G. Sapozhnikova
• Keywords: Construction, Co-Regulation, Institutes, Self-Regulation, Self-Regulatory Organizations, State Regulation

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