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The Significance Of Institutions: Conceptual Delimitations And Typology

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  • Ioan POPESCU

Abstract

The specific achievements of recent economic theory in the analysis of institutions and alternative institutional structures implications on economic performance have created the possibility of building a core of institutional aspects for the economic research. Integrating research institutions in general economic horizon creates the possibility of reassessing disciplinary boundaries between social sciences. Also, we can expect reconciliation of the economic theory “imperialism” with the same trends, no less important, from other disciplines and fields of social analysis. Ultimately, social science analytical concern has its source, in fact, in the same framework of human action analysis and social phenomena resulting from its manifestation. Understanding human behavior and institutions mutuality, the economic and political implications of this interdependence, increased the importance of institutions and institutional analysis in economic theory

Suggested Citation

  • Ioan POPESCU, 2011. "The Significance Of Institutions: Conceptual Delimitations And Typology," THE YEARBOOK OF THE "GH. ZANE" INSTITUTE OF ECONOMIC RESEARCHES, Gheorghe Zane Institute for Economic and Social Research ( from THE ROMANIAN ACADEMY, JASSY BRANCH), vol. 20(2), pages 165-170.
    • Handle: RePEc:zan:ygzier:v:20:y:2011:i:2:p:165-170
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    References listed on IDEAS

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    1. Oliver E. Williamson, 2000. "The New Institutional Economics: Taking Stock, Looking Ahead," Journal of Economic Literature, American Economic Association, vol. 38(3), pages 595-613, September.
    2. Philippe Aghion, 2005. "Growth and Institutions," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 32(1), pages 3-18, March.
    3. Johannes Jütting, 2003. "Institutions and Development: A Critical Review," OECD Development Centre Working Papers 210, OECD Publishing.
    4. Acemoglu, Daron & Johnson, Simon & Robinson, James A., 2005. "Institutions as a Fundamental Cause of Long-Run Growth," Handbook of Economic Growth, in: Philippe Aghion & Steven Durlauf (ed.), Handbook of Economic Growth, edition 1, volume 1, chapter 6, pages 385-472, Elsevier.
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