Instituţii şi dezvoltare economică
This study aims to give the general frame of scientific research on transaction costs and economic performance, in fact the institutional economics field, emphasizing the necessity of rethinking the neoclassical theory. Recent research on institutions and development proves that, by reducing transaction costs, the institutions protecting property rights are decisive for economic development.
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Volume (Year): (2011)
Issue (Month): 04 (December)
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