Development Economics and Economic Development: Why do Institution Matter?
Economic development is a complex phenomenon, at least when speaking about understanding its real sources, despite the simplifying tendencies of economic growth neoclassical theories. These orthodox theories limit themselves to identifying the necessary conditions - such as capital accumulation and...
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Format: | Article |
Language: | English |
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General Association of Economists from Romania
2007-02-01
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Series: | Theoretical and Applied Economics |
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Online Access: | http://www.ectap.ro/articole/198.pdf |