, advances in structural policies, and better government institutions have contributed to the reduction in inflation rates in the …

difficulties seem to be related to the persistence of various types of market failures and the lack of non-market institutions …

civil, political, and economic policies and institutions are promising factors in explaining the long-run economic …

successful in substituting its fiscal and legal institutions for those of the medieval seigneurial regime within an area of the … themselves with national, as opposed to local, institutions. We also show that regions inside the CGF that affiliated with …

institutional factors. It is not surprising therefore that the alteration of formal institutions (e.g. laws, measures, policies etc ….) is a hot topic nowadays. But it is important to note that the efficiency of formal institutions is based on informal ones …

heavily on natural resources while countries with high quality institutions are relatively less dependent on natural resources …

The new paradigm in the field of International Cooperation is that institutions are the fundamental cause of long …-run economic development. However, the lack of both a clear consensus on which are the specific institutions that promote … development, and a theory that integrates economic, political and cultural aspects that lie behind these institutions, is making …