Mladjan, Mrdjan M.; Nikolova, Elena; Ponomarenko, Olga - 2024
Institutions, defined as "the rules of the game in society", drive economic growth and prosperity. Institutions often … financial systems, contract enforcement) and informal (traditions, taboos, codes of conduct) institutions. Church …-state relationships hundreds of years ago affect informal institutions like work ethic, preferences for rationality or spirituality, and …