The evolutionary path of this powerful scientific collective dates back to 1970, the creation of the Odesa branch of the Institute of Economics of the Academy of Sciences of the Ukrainian SSR, which coincided with the activation of the country’s socio-political and economic life, the spread of regional development opportunities, and the search for solutions to new tasks of the state’s strategic development. In this context, the need for the development and activation of economic research, especially in such a direction and with such a specialization, which would be primarily related to the problems of the development of the Southern region, has obviously arisen. Thus, the emergence of a new scientific division in the system of Ukrainian academic science was demanded by life itself, national economic plans for the socio-economic and spiritual development of the state.

Founded in May 1970, the Odessa Branch of the Institute of Economics of the USSR Academy of Sciences was aimed at solving of problems of maritime transport development and related industries improving on basis of program-targeted planning of the production systems of southern Ukraine, modeling of economic and environmental processes, economic research of marine resources, research of ecosystems.

In 1991 Odessa branch of the Institute of Economics was transformed into The Institute of market problems and economic&ecological research of the National Academy of Sciences Ukraine and new directions of the researches were started because of the intensification of the socio-political and economic life of the country, the expansion of opportunities for regional development, the search for solutions to new problems of strategic development of the state.

In 2021 The Institute of market problems and economic&ecological research of the National Academy of Sciences Ukraine was transformed into the State Organization “Institute of Market and Economic-Ecological Research of the NAS of Ukraine”.

Nowadays the Institute is the only academician economical research unit in the Southern Region of Ukraine and it provides the scientific, organizational, informative, policy-making, consulting, business support activities in spheres, that meet requirements and challenges of modern economic system

Over the period of its existence, the Institute has prepared more than 300 scientific monographs and published 33 collections of scientific works under the general title “Economic Innovations”. Thanks to the active activities of the graduate school, doctoral school and the specialized academic council for awarding scientific degrees of Doctor and Candidate of Economic Sciences, the Institute has protected more than 400 candidate and 100 doctoral dissertations, Institute specialists carry out active scientific and consulting activities in the Odesa regional state administration, Odesa regional and city councils, etc. It should be especially noted about the active position of the Institute of Market Problems and Economic and Environmental Research in cooperation with higher educational institutions of the south of Ukraine in the field of training bachelor’s and master’s degrees in economics, management, international economic relations, training and certification of scientific personnel of economic specialization. As a positive thing, we should note that we have moved from previously developed traditional forms of cooperation in these matters to the latest forms of joint work with leading universities in scientific and educational complexes and branch departments. To date, there are already four scientific and educational complexes with the Odesa State University of Economics, the Odesa National Academy of Food Technologies and the Odesa National Polytechnic University, the National Shipbuilding University named after of Admiral Makarov (Mykolaiv). Joint agreements on the work of scientific and educational complexes with Odesa State Environmental University are on the way. Branches of the departments of economics and management of Odelsky National Maritime University and Odesa National Maritime Academy work in the institute.

Recently, a glorious date in the history of national science was celebrated – the 100th anniversary of the founding of the National Academy of Sciences of Ukraine. More than a third of this period is the history of the creation, formation and development of the Institute of Market Problems and Economic and Environmental Studies, which today is one of the leading scientific divisions of the National Academy of Sciences in the Southern region of Ukraine in the field of socio-humanitarian, namely economic sciences.