The main purpose of this article has been to offer a purely academic overview of all the truly significant economic, political and legal relationships that are directly associated with the institutional parameters of economic growth and have already been recognized in modern economics

The interactive structure - ‘the State (authority) – property’ that has been created during the 2000s envisages a merger of state property with the vertical of power. In such a model, the principal long-term problem consists not only – and not so much – in the fact that the ‘business...