institutions that define any economic system. Within society, people are perceptive to a system of general rules that provides … incentives and constraints for human behavior. Institutions' and human action's mutuality, and also its economic and political … implications, explain the essential importance of institutions in economic science and the institutional approach viability. …

The study and comprehension of institutions – viewed as written and unwritten constraints (rules) initiated by people … economies and societies. The framework inspired by institutions to which people dedicated maximum energy and talent also …

institutions­­­ …

prove scientifically the relation transaction costs – institutions. …

This paper focuses on the role of institutions in enhancing economic growth. Attention to the institutional environment … specialization and the division of labor. Instead, development is seen as a response to the evolution of institutions that support …. That is, institutions do matter when it comes to costs minimizing or, in other words, the secret of obtaining efficient …

responsibilities of supervising institutions are still among open problems of the economic policy of the Czech Republic. Currently four … institutions share the supervision of Czech financial markets. These institutions differ by their legal statuses, rights and … procedures. Some institutions have an internal conflict of their targets. A programme of two step integration was adopted in the …