THE PROBLEM OF OVERCOMING INFORMATION ASYMMETRY IN PUBLIC ADMINISTRATION

The article is devoted to the study of the problems of overcoming information asymmetry in decision-making of any enterprise of any form of ownership, as well as consideration of the eff ects of this phenomenon on the company’s activities, on its eff ective development and unctioning in the market, the impact of information asymmetry on the competitiveness and viability of the company. Information asymmetry carries additional costs of decision-making, negatively aff ects the competitiveness of the company. To solve the identifi ed problems, the authors have developed proposals to reduce information asymmetry, which include institutional design of information systems, three main directions of state policy in the fi eld of overcoming information asymmetry have been identifi ed. The paper describes the problem of asymmetry in the work of state and municipal government, the conditions and nature of its manifestation, the factors that strengthen it, as well as the main tools aimed at overcoming and minimizing it. The main indicators characterizing the openness and effi ciency of public administration are considered, the relationship between them is revealed.