Applying the methodology of institutional analysis and industry convergence of capital in the architecture of the financial sector

The article is devoted to researching the realities of the formation of the economic system in the context of the formation of state system. The institutional preconditions for capital concentration and choosing an unpromising institutional trajectory for the development of the financial sector have been justified. The logic of the economic development of the Republic has been grounded. The paradigm of institutional design of the financial sector has been proposed.