Much empirical research has highlighted the importance of institutions and initial conditions in the transition to a market economy. However, relatively little is still know about how these factors directly affect growth paths. This paper explores how institutional factors and initial conditions...

1. Introduction -- 2. History of Concepts and Principles -- 3. Contemporary Institutional and Evolutionary Concepts and Principles -- 4. Global Coronavirus Pandemic Crisis -- 5. Climate Change -- 6. Corruption -- 7. Artificial General Intelligence and Autonomous Humanoid Robotics -- 8. Policy...