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Consensual Institutions for Neutralize of Neo-Malthusian Trap

Consensual Institutions for Neutralize of Neo-Malthusian Trap

Journal of Economic Regulation, , Vol. 10 (no. 3),

The article gives the meaningful and formal definition of the Malthusian trap and introduces the new concept – Neo-Malthusian trap. It is emphasized that the exit from the Malthusian trap in England was made by extremely cruel methods, which currently are not acceptable. Meanwhile, now humanity on the threshold of the need to overcome or at least partially to neutralize the neo-Malthusian trap, which requires a massive "unloading" of the labor market and completely new methods of state regulation. One of these new approaches is the creation of consensus institutions, which are understood the rules of functioning the society, formed as a result of silent, usually unarticulated agreements (consensus) between government and population. Such institutions smooth or postpone acute social conflicts, but undermine the economic efficiency of social system. Consensus institutions permeate the spheres of production and consumption and are widely represented in the Russian economy. The author considers the examples of such institutions in the field of employment, unemployment and leisure. It is shown that the new trend towards the creation of consensus institutions is typical for other countries.

Keywords: institutions; consensus, Malthusian trap, Neo-Malthusian trap, employment, unemployment, leisure

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