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The survival of the economic organizations in the present environment demands a very fast power of reaction to operate in a market increasingly big and competitive. The famous globalisation is leading to a modification in the internal structures of enterprises, having a tendency to increase its...
Persistent link: https://www.econbiz.de/10005169765
reasoning, that is, the way economic institutions value multiple ends. This debate produced an implicit consensus between market … socialists and non-egalitarian liberals about democracy. In this consensus, the Rousseau’s general will was replaced by the …
Persistent link: https://www.econbiz.de/10005747269
In recent years, there has been a plethora of econometric literature on the determinants of growth. However, the lack … results, reach some conclusions about political and economic institutions that favour development and the political problems …
Persistent link: https://www.econbiz.de/10008559145
This paper discusses how the theory on the role of institutions in development can be improved, by critically examining … the current orthodox discourse on institutions. To understand the relationship between institutions and economic …
Persistent link: https://www.econbiz.de/10005747230
In 1980, Venezuelan income per capita in dollars was 1.4 times higher than that of Colombia, but in 2007, this ratio was reversed and the Colombian income was 1.1 higher than that of Venezuela. This result deserves an explanation, as both countries made similar structural reforms to allow a free...
Persistent link: https://www.econbiz.de/10005747271
concept of institutions useful for the analysis of economic performance, and economic growth in particular. Specifically, it … develops the notion of institutions as standard ‘social technologies’. Economic growth results from the co-evolution of …There has recently been a resurgence of interest in how institutions affect economic performance. A review of this …
Persistent link: https://www.econbiz.de/10005697829
, economical and social democracy with a profound social transformation. …
Persistent link: https://www.econbiz.de/10005817014
institutions, control on corruption, and better access to political and civil rights could cause the investment rate to increase by … growth possibilities, and improve their population standard of living, their governments must start working on the … strengthening and creation of political institutions that permit to abolish or at least diminish corruption levels, civil rights …
Persistent link: https://www.econbiz.de/10004985618
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