The paper considers the interdependence between the formation of the country's economy based on knowledge, its competitiveness and pace of economic development. Shows the ranking of countries in the Global Competitiveness Index and the indices that characterize the knowledge economy. On the...

Recently, the view that culture matters for economic development has gained much ground within institutional economics; scholars have provided us with empirical evidence on the positive effect of culture on economic performance. This evidence shows, in some cases, the overwhelming effect of...

Recording score improvements two years in a row, Turkey has achieved its highest economic freedom score ever in the 2014 Index. Deeper institutional reform to firmly establish the rule of law and improve regulatory efficiency will be developed to solidifying its transition to a more market-based...

The evaluation of the impact over excessive bureaucracy from the romanian public institutions over the sustainable economic development is a key issue in nowadays Romania. This study aims to analyze the problems of the bureaucracy from the romanian public institutions and the impact over...