The main objective of this research is to identify what other key factor, outside of insufficient investment, could explain the persistent road infrastructure gap in Peru. The hypothesis used here is that the Peruvian state has been acting without a long-term forecast system and, therefore,...

Latin American countries face the challenge of rebuilding their institutional systems, diminished in some of its essential functions as a result of economic reforms and policies implemented, with varying degrees of intensity, in most nations of the region. The identification of the poor results...

For decades, the OECD constituted an economic and political "club" of Western countries focused around the transatlantic axis. Today, it faces unprecedented challenges as the world economy shifts to the East and the South. In response, the OECD is undergoing meaningful reform: it is becoming...

For decades, the OECD constituted an economic and political "club" of Western countries focused around the transatlantic axis. Today, it faces unprecedented challenges as the world economy shifts to the East and the South. In response, the OECD is undergoing meaningful reform: it is becoming...

This empirical study about global Catholicism, based on the data of the World Values Survey and the European Social Survey, starts with a philosophical introduction by Christian Ghymers (Brussels) on the Roman Catholic Church and Enlightenment. The essence of Ghymers’ proposal to democratize...

This article evaluates Herbert A. Simon’s contribution to organization theory, placing special emphasis on the criterion of bounded rationality. Simon’s criticism of the orthodox version of organizational bureaucracy is interpreted and his analysis is extended to institutional economics. One...

This paper relates to the implications of transaction costs in Ronald Coase. The economics of transaction costs (TCE) is a first-order theoretical framework for understanding both the constraints to the development of the company to warn gaps in current public policy developments with important...

This is a critical - hermeneutic and historical - comparative study of Political Economy on the evolution of the tourism sector in Europe, with special attention to the Spanish case. Despite t he economic importance of tourism and the deep changes stimulated by globalization and digitization,...

En este estudio, se realiza un análisis del efecto de la corrupción percibida en la actividad del mercado de seguros de crédito o CDSs en España en el periodo comprendido entre los años 2008 y 2018. Para medir la corrupción percibida se utiliza la herramienta Google Trends para la palabra...

This paper argues that institutionalization is an equilibrium phenomenon and is associated with better policies and better results in terms of economic development. In support of this argument is presented a theoretical model that extends the space of feasible actions for political actors,...