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Alexandru D. Xenopol (1847-1920), a leading figure of the Romanian intellectual tradition of the turn of the century – academician, economist, philosopher, historian, educator, sociologist and writer – has remained in the universal cultural memory as a tireless promoter of the economic...
Persistent link: https://www.econbiz.de/10011004883
The actual economic crisis reveals the problems within the public educational system. The malfunctions of this sector are augmented by the special significance of education for society and economic system. The modern theories of human capital emphasize the state’s important role in financing...
Persistent link: https://www.econbiz.de/10011005046
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. …
Persistent link: https://www.econbiz.de/10005087792
The role played by endogenous growth models in growth literature might be analyzed from two perspectives. In the first place, is it emphasized the necessity to replace the hypothesis of perfect competition with monopolistic competition in every mathematical model. Secondly, there is no...
Persistent link: https://www.econbiz.de/10005087811
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 …
Persistent link: https://www.econbiz.de/10005154481
Economic policies and, particularly, fiscal policies are not designed and implemented in an “empty space”: the structural characteristics of the economic systems, the institutional architecture of societies, the cultural paradigm and the power relations between different social groups define...
Persistent link: https://www.econbiz.de/10005154630
The purpose of this study is to test the fundamental relationship between fiscal, monetary policies and institutions in … level of institutions of a country. Better institutions leads to higher level of growth. Institutions perform significant … role in the progress of any country. The growth targets can be achieved through institutions. Higher the quality of …
Persistent link: https://www.econbiz.de/10010554657
emancipation of the nation" by promoting the ideas, the principles and the institutions on which was build the prosperity of the …
Persistent link: https://www.econbiz.de/10008763562
economic and political institutions existing in a country must be assessed considering their capacity to promote private …
Persistent link: https://www.econbiz.de/10008675902
Nowadays, understanding and identifying economic freedom means the existence of an institutional frame, rules which guide human behaviour in a predictable manner. Approaching economic freedom from an institutional point of view is consistent with the political processes and their consequences as...
Persistent link: https://www.econbiz.de/10008675957