The purpose of the article was to evaluate the relationship between the level of institutional effectiveness in the context of global knowledge economy (KBE) and quality of life for the EU countries in the years 2004 and 2010. To measure the intitutional effectiveness authors proposed a...

The article is devoted to measuring the effectiveness of institutional systems of EU countries in terms of their relevance to the requirements of global knowledge-based economy. The main aim of the article is to evaluate the progress obtained by New Member States in the years 2000-2010. The...

Last global financial crisis has led to massive fiscal stimulation actions in most of developed countries which resulted in significant increase of their public debt. This can be also said about Eurozone or wider EU economies. This factors in near future will force many EU countries to adopt...

The article is devoted to measuring the effectiveness of institutional systems of European Union countries in terms of their relevance to the requirements of the global knowledge-based economy. The theoretical analysis is based on the framework of new institutional economics with special...