Assessment and some conclusions about the nature of modern institutional cyclical dynamics in Russia and Central Asian countries

The article examines the assessment and some conclusions about the nature of modern institutional cyclical dynamics in Russia and Central Asian countries in the context of global instability. The purpose of the work. The role of the institutional environment as a key factor of sustainable economic growth is emphasized. The limitations of existing methods for assessing the quality of institutions are analyzed, and the need to adapt Western models to the national characteristics of Central Asian countries is emphasized. It highlights the importance of protecting property rights and contracts, as well as the institutional consequences of corruption and the shadow economy. Practical recommendations are given on institutional coordination within the EAEU, monitoring reforms and borrowing successful practices from the region's leading countries. Methodology. The research uses methods of historical and economic analysis, theory of industrial and technological balance of the economy, system paradigm, evolutionary and institutional theory, expert and analytical assessments. Results. The scientific novelty of this study lies in the critical assessment of the applicability of international institutional indexes to the conditions of the Central Asian countries and Russia, as well as in the development of recommendations on institutional coordination in the Eurasian space. For the first time, based on a comprehensive interpretation of international ratings and empirical data, the need for differentiated institutional cooperation is justified, taking into account the specifics of national systems. The limitations of existing models for evaluating institutions have been identified, including methodological opacity and politicization of sources, which highlights the need to develop alternative monitoring and evaluation mechanisms. Conclusions. An approach to building a multi-level system of institutional borrowing and adaptation is proposed, focused on reducing transaction costs, combating corruption and increasing confidence in management practices. These proposals are aimed at forming a stable institutional framework for integration cooperation within the EAEU.