We start out from the hypothesis that limited government leads to low uncertainty and low transaction costs. If political institutions affect the degree of uncertainty and transaction costs, we formally show they should affect the steady state level of income per capita. The impact of...

For many years now, the development intervention in the Niger Delta has not achieved desired results, as the amazing paradox of underdevelopment in the area continue to deepen. That is why the paper explains the mistakes made by the different commissions and proposes the adaptation of an...

If Janossy's theory should concisely be drafted, one might say that he had been researching the "real carrier of economic development" in a very original way and having formulated his theory in a specific language. He managed to identify the "carrier" of development focusing on the systematic...

If Janossy's theory should concisely be drafted, one might say that he had been researching the "real carrier of economic development" in a very original way and having formulated his theory in a specific language. He managed to identify the "carrier" of development focusing on the systematic...

This paper carries out an explanatory investigation into the relationship between socio-institutional conditions, quality of life indicators and economic growth in the Italian regions. Previous studies stress the importance of institutional quality, social capital and social conditions in...

This article considers the relationship between centralised, exogenous institutions and the embedded, endogenous institutions of rural governance in Europe through an examination of the evaluation procedures of the European LEADER programme. LEADER is presented in the literature as progressive...

The fundamental principles of the EU LEADER Programme are common in every member states. However the Programme was fit to the national legislative framework, institutional culture and social features, thus it was implemented with significant differences in the different EU countries/regions. Our...

Local food and short food supply chains are in the centre of attention among consumers, NGOs as well as policy makers. These systems have long tradition the US and Western Europe; they have been spreading in Hungary, too. The main purpose of this study is to review the international literature on...