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Institutional prerequisites for the current economic growth

Author

Listed:
  • Vladimir Mau

    (Gaidar Institute for Economic Policy)

  • Konstantin Yanovskiy

    (Gaidar Institute for Economic Policy)

  • Sergey Zhavoronkov

    (Gaidar Institute for Economic Policy)

Abstract

This work gives a review of the history of how a number of institutions emerged in developed countries. The authors attempt to analyse a connection between this process and the current economic growth phenomenon. The authors believe that stremgthenning guarantees of personal immunity provided for private property immunity and development of such a mechanism of decision making, which on a certain stage weakened the repressive powers of the state making it an instrument for protecting property rights and not the main proprietor and entrepreneur.

Suggested Citation

  • Vladimir Mau & Konstantin Yanovskiy & Sergey Zhavoronkov, 2007. "Institutional prerequisites for the current economic growth," Research Paper Series, Gaidar Institute for Economic Policy, issue 106P.
    • Handle: RePEc:gai:rpaper:101
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    File URL: http://www.iep.ru/files/RePEc/gai/rpaper/101Mau.pdf
    File Function: Revised version, 2012
    Download Restriction: no
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    Citations

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    Cited by:

    1. Irina I. RAKHMEEVA, 2018. "Controlled Parameters of the System for Assessing the Regulatory Impact of a Region," Upravlenets, Ural State University of Economics, vol. 9(5), pages 48-57, October.

    More about this item

    Keywords

    Institutional prerequisites; economic growth;

    JEL classification:

    • D74 - Microeconomics - - Analysis of Collective Decision-Making - - - Conflict; Conflict Resolution; Alliances; Revolutions
    • D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
    • H56 - Public Economics - - National Government Expenditures and Related Policies - - - National Security and War

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