The leading and modern types of innovation structures in the economy are considered this paper. development integration processes between contributes to formation full-fledged, effectively functioning national model economy. Their selection is based on characteristic feature world economic − transition countries a new stage innovative society formation, building primarily generation, disseminat...

High quality institutions, such as rule of law, bureaucratic quality, freedom from government expropriation, and freedom from government repudiation of contracts, mitigate the adverse economic consequences of ethnic fractionalization identified by Easterly and Levine 1997 and others. In countries with sufficiently good institutions, ethnic diversity does not lower growth or worsen economic poli...

The purpose of this paper is to review the main literature that has analyzed the channels through which institutions influence economic change, hence development. The interest for this topic arises from the relatively recent consensus that has emerged among scholars and policy makers in considering institutions a key factor shaping the outcome of the economic game. The aim is pursued by discuss...

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Abstract The theoretical and applied issues of the relationship between institutions and economic growth have thoroughly been examined in ASEAN countries. This study revisits the issue and tests the role of institutions in the economic growth using the World Governance Indicators (WGI) and uses a new method to examine the impact of the various institutions on the economic growth. We used dynam...