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Intermediary institutions are difficult to grasp because they are always “in-between” something else. It is therefore hardly surprising that they are typically regarded as mere reflections of structures or interests located outside the institutions themselves. The objective of this chapter...
Persistent link: https://www.econbiz.de/10012997593
Competition has become a catchword which divides the world. Some present it as panacea that will solve the current economic crisis. Much in line with Adam Smith, competition is seen as the most effective means to prevent producers from overpricing their products and from delivering poor quality....
Persistent link: https://www.econbiz.de/10014132550