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Culture and Economic InstitutionsMarcel EpureAlexandru Ioan Cuza University - Faculty of Economics and Business Administration October 29, 2011 Abstract: Institutionalism proves to be a very actual topic for the economists who search for answers regarding the understanding of the inner works of development. The left wing ideologies proved to be a bitter distraction. Economics have a positive and normative approach to the reality. We must find definitive answers for explaining development differences, where logically should have not been. Institutions are much more complex, and a single unitary vision can’t manage to provide the needed answers.
Number of Pages in PDF File: 11 Keywords: institutions, institutional change, right institutions JEL Classification: B15 working papers seriesDate posted: January 30, 2012Suggested CitationContact Information
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