Institutional reform during the last three decades has been directed towards deregulation in attempt to reduce transaction costs related to compliance with administrative requirements. This paper tries to find the limits of the effectiveness of such measures by putting them into the framework of...

Настоящият доклад има за цел да даде само една гледна точка на добре позната, но „объркана”1 материя, каквато са парите. Като се анализира критически...