prove scientifically the relation transaction costs – institutions. …

Economic development is a complex phenomenon, at least when speaking about understanding its real sources, despite the … 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 …

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 …

­The literature devoted to economic development concerns itself in a growing de­gree with the role and importance of … institutions­­­ …

specialization and the division of labor. Instead, development is seen as a response to the evolution of institutions that support …This paper focuses on the role of institutions in enhancing economic growth. Attention to the institutional environment … through time. Economic development is no longer regarded as a gradual, inevitable transformation from local autarky to …

Despite a good development support made up of highly trained, skilled and concerned human resources as well as of … touristic activities of the most developed countries, even when they have high development levels or rates. This performance …

Nowadays, the unprecedented development of the information and communication technologies generates profound and … the most dynamic sectors in the economy. Therefore, the paper presents some issues regarding the development of the …