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INSTITUTIONS AND THEIR IMPACT ON ECONOMIC DEVELOPMENT

Journal: Scientia fructuosa (Vol.104, No. 6)

Publication Date:

Authors : ;

Page : 48-59

Keywords : institutional structure of economy; economic institutions; quality of institutions; institutional development of economy.;

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Abstract

The theoretical assumption on the role of institutions in ensuring the unity of functioning and evolution of economic systems has been improved. Based on regression analysis the assumption on the significant effect of institutional quality on economic development has been developed.

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Last modified: 2016-10-26 21:56:22