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Financial Analytics: Science and Experience
 

Standardization paradigms: a quality-focused approach

Vol. 9, Iss. 47, DECEMBER 2016

PDF  Article PDF Version

Received: 21 November 2016

Received in revised form: 9 December 2016

Accepted: 14 December 2016

Available online: 25 December 2016

Subject Heading: MONITORING OF ECONOMIC PROCESSES

JEL Classification: D24, L15, M11, O1

Pages: 19-29

Gerasimova E.B. Financial University under Government of Russian Federation, Moscow, Russian Federation
egerasimova@fa.ru

Importance Currently, the Russian institute of standardization passes through a new phase, i.e. it settles down on the basis of accumulated experience and international trends in standardization, certification and compliance. The process needs to be scientifically tempered and evaluated in order to identify phenomenological and immanent features of standardization as a process of setting up and applying standards, rules and characteristics in relation to multiple targets.
Methods To address the issues, I used methods for examining systems, comparative analysis, analogy method. The research studies contemporary economic literature and uses the structural analysis method.
Results I identified that the Russian Federation observed a change in standardization paradigms. Combining the selected features of a new information concept, I formulated a paradigm model and defined standardization as synthetic science embracing various aspects. Having analyzed a new phase of its development, I found opportunities to standardize new targets and aspects.
Conclusions and Relevance The development of the Russian institute of standardization and its shift to the new paradigm open considerable opportunities for typifying economic analysis, increasing its quality, notwithstanding a specific areas where results of research are applied.

Keywords: standardization, paradigm, institute, economic, analysis

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