The policy orientation towards sustainable economic development focuses on increasing
the efficiency of the public sector in equitable supply of goods and services needed by …

The public economy, branch of economic science analyses the state, as economic actor; its
field of research interacts with investigations of other areas of economic science (monetary …

The last few decades have seen a significant growth of economists' interest in studying
institutions. They are generally preoccupied with explaining institutions using instruments …

Mature capitalism and market economy realities become intelligible also by scrutinizing
their" prodigal children": modern business corporations. But these are not some undivided …

The institutional arrangements, such as the property private order, market, law and other
social institutions, governance, cannot function without certain costs. Such costs are not …

Traditional literature regarding “corporate governance” finds the “tension between
ownership and management”(as it was shaped by the agency theory) to be a node in the …

Studying collaborative relationships between the public and private sectors concurs to the
knowledge of contribution in promote economic development, regeneration of urban and …

Institutions and institutional arrangements cannot “work” by themselves, meaning without
necessary efforts–considered costs in economics-for preserving and improving them. Legal …

The study illustrates the fundamental theoretical research on the issue of transaction costs,
as reflected in the institutional analysis entitled „Transaction Costs Economics”. In order to …

According to the orthodox theory of international trade, the argument of selective industrial
policy means the state capability of identifying competitive advantages and to exploit them …