The dynamics and implications of internationalization vary quite considerably among different regions and countries, depending on the history and structure of their Higher Education systems. With a target to become the most competitive and dynamic economy in the world, Europe has scaled academic...

This study attempts to investigate the impact of institutions on the effectiveness of transition results achieved by emerging economies from Central and Eastern Europe. After more than two decades significant economic and social disparities have arisen between these nations. Consequently, the...

The name of Nicholas Georgescu-Roegen has been associated with a new paradigm, a new way of thinking. Briefly, the main elements of the Roegenian intellectual matrix are: the entire theoretical and argumentative construction is subordinated to the general perspective, to the system; economics is...

The study and comprehension of institutions – viewed as written and unwritten constraints (rules) initiated by people to create and improve human interaction – represents the key to understand the success (and failure) of contemporary economies and societies. The framework inspired by...

Mihail Manoilescu is part of the series of those economists criticized in different ways, from the exaggeratedly appreciatively reviews to those that do not recognize any of his merits. The success of an analysis to place him where he rightfully belongs is related to taking into consideration a...

Hawala plays a key role in facilitating remittances, especially those of migrant workers and is an integral part of the international finance system. There was, however little understanding of the concept, mechanism and its impact on the global financial channels. This research effort aims at...

Although exceptionally endowed for mathematics which he comprehended and used extensively, Nicholas Georgescu-Roegen has considered that the dialectical method is more suitable than arithmomorphism for social sciences and especially for economics. In order to support this idea, this paper brings...

We offer in a few rows written on this theme, some of the bench-marks -persons and representative ideas -which define the beginning of institutionalism in the economy. It's a field already felt out and with a few chances for news. What we would like to distinguish aim a reseating of a place and...

Hayek is not an institutionalist in the usual sense. As he did not belong to any school, the relationship with institutionalism was not an exception. However Hayek alone is a school, a world of ideas. One having powerful contact points or interference areas that are both the object and subject...