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Том III >
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http://research.bfu.bg:8080/jspui/handle/123456789/473
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Title: | Институционална промяна и икономическо развитие |
Other Titles: | Institutional change and economic development |
Authors: | Sabotinova, Diana |
Keywords: | institutions institutional change economic development |
Issue Date: | 2013 |
Publisher: | Burgas Free University, 62, San Stefano Str., 8001 Burgas, Bulgaria |
Citation: | International Research Conference “Knowledge - traditions, innovations, perspectives”, Burgas 14-15 June 2013 |
Series/Report no.: | BFU_MK_2013_TOM_III;str-152 |
Abstract: | This paper presents the theory of Douglass North that explains the ways in which
institutions and institutional change affect the performance of economies. Institutions exist
due to the uncertainties involved in human interaction. They are the constraints devised to
structure that interaction. Institutions vary greatly in their consequences for economic
performance. Some economies develop institutions that produce growth and development,
while others develop institutions that produce stagnation. |
Description: | International research conference 2013 |
URI: | http://research.bfu.bg:8080/jspui/handle/123456789/473 |
ISBN: | 978-954-9370-97-3 |
Appears in Collections: | Том III
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