This article investigates the reasons, the transformative processes, and the social mechanisms involved in the establishment of the European Economic and Monetary Union (EMU). Contrary to commonly accepted theories used to explain institutional change, it argues that the establishment of the EMU...

The paper presents the possibilities of achieving and developing an innovative product that will generate significantly more added value for tourism in general and cultural tourism in particular as itineraries of artistic crafts, by taking into account the high number of Romanian artisans (1067)...

These materials discuss as well as provide context to understand the significance of the most important judicial decisions and administrative rulings and regulations promulgated by the Service and Treasury during 2017. Amendments to the Code generally are not discussed except to the extent that...

In this paper we study the possibilities of applying the incremental solutions to the problems of the future European Union enlargements. We analyze some significant targets for the next accessions, taking into consideration the main constraints of the integration. We conclude that small changes...

The article presents the energy policy of the European Union (EU) in light of its latest strategy, called the European Green Deal. The article is of particular importance to answer two main questions: What was the importance of two energy packages in the EU energy policy, i.e., the fourth and...

Review essay on Rutherford, M. (2011), <em>The Institutionalist Movement in American Economics, 1918-1947: Science and Social Control</em>, Cambridge University Press, Cambridge, UK.I use the review to highlight the importance of psychology in the development of the institutionalist conception of science...

This paper explores the impact of ordoliberal thinking on the drafting of the prohibition of “abuse” of a dominant position in the market that was included in the competition rules of the Rome Treaty establishing the European Economic Community as well as on its interpretation by the...

The aim of the paper is twofold. First, we try to fill a theoretical gap inevolutionary economics by developing some key elements of an evolutionary theory of social stratification that explicitly link the generation of technological and institutional novelty to the structural evolution of...

Undertakings may restrict competition by cooperating with their competitors or by interfering with their ability to compete. In both cases, their ultimate goal is to raise the price they charge for their products or services. Therefore, the main concern about both collusive and exclusionary...