Institutional develoment and economic growth
Journal Title: VUZF - Year 2018, Vol 1, Issue 1
Abstract
The aim of this paper is to define some basic concepts, regulating the interrelationship between institutional development and economic growth. The main characteristics and traits of institutions are discussed. Also, the paper provides some general information on the main particularities of economic institutions, political institutions and the linking element in this interrelationship, which we define as political power. In addition, the paper analyzes the role of competition as an important factor in institutional and economic development, as well as the role of the regulating laws.
Authors and Affiliations
Julia Dobreva
Keywords
Related Articles
- EP ID EP661747
- DOI -
- Views 177
- Downloads 0
Culture as economic good
The article put two interrelated issues - the nature of culture as an economic good and the future development of culture in terms of industrialization and the emergence of digital devices. The author stands on the posit...
Adequate and sustainable pensions - where is the balance between pay-as-you-go public pensions and capital pensions
In most countries of the European Union the population is ageing and there is a pressure on financing the current levels of pensions. Terms like “adequate” and “sustainable” are well perceived among politicians and resea...
The regulation of labor market in Ukraine
In this article it is described the process of labor force regulation, the specific of it and influence for the employment of population in Ukraine. We have analyzed state of market, functions and have proposed few ideas...
The innovation landscape in China, present and future
The paper presents the main findings of a long-term foresight study that took place simultaneously in EU and China, aiming to produce scenarios for the Chinese innovation environment in 2030. A combination of foresight m...
Reasons for the Turkish crisis and future forecasts
The downfall of the Turkish national currency is a process that has been going since August 2016. The reasons for the devaluation of the Turkish lira are the growing of the current account deficit, the accumulation of fo...