The Impact of Rules on Economic Activity
The aim of this paper is to present the importance of the rules, the importance of those rules that influence economic activity. It will be presented the institutions starting from the "rules of the game" until the "rule of law". Then it will be explained the concept of "spontaneous order" and the importance of that order in society. For a good economic activity, we need a “good governance”. It will be explained what this means good governance and how addiction affects about institutional change.
Volume (Year): (2010)
Issue (Month): 15 ()
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- Avner Greif, 2008.
"Contract Enforcement and Institutions among the Maghribi Traders: Refuting Edwards and Ogilvie,"
08-018, Stanford Institute for Economic Policy Research.
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"The Constitution of Economic Policy,"
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1986-1, Nobel Prize Committee.
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- Avinash Dixit, 2009. "Governance Institutions and Economic Activity," American Economic Review, American Economic Association, vol. 99(1), pages 5-24, March.
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