Theoretical and Applied Economics
No. 7 / 2006 (502)
Arguments for the Study of Institutionalism and Institutional Reform in Romania
Universitatea „Al.I. Cuza” Iasi
Abstract. The study and comprehension of institutions – viewed as written and unwritten constraints (rules) initiated by people to create and improve human interaction – represents the key to understand the success (and failure) of contemporary economies and societies. The framework inspired by institutions to which people dedicated maximum energy and talent also explains the different levels of efficiency in modern times. The founders of institutionalism – in its old and new versions – explain, for example, that human endeavour for social improvement led to the appearance of Law, private ownership, contract and market. For Romania, such explanations are inspirational and of utmost necessity in presenting the real context and in finding the necessary measures and directions towards desired progress.
Contents
Arguments for the Study of Institutionalism and Institutional Reform in Romania
Organizational Transition and Change Resistance
Economic Politics, between Individual Interest and Public Interest
Corporate Governance, between Classicism and Modernism
Dilemmas of Modernity in Change
The Economy Governing During Globalization Era
Romania. The Pillars for its Sustainable Development
Using Standard-Sole Cost Method for Performance Gestion Accounting and Calculation Cost in the Machine Building Industry
The Prevailing of the Human Nature in the Economics of Adam Smith
Growth and Efficiency at the Macroeconomic Level
Pollution and Property: Is Relevant Market Failure Theory?
A Mental Value Perspective in Risk Decision Theory