Institutional aspects of successful states
Analyzing the determinants of economic growth in the long run
Keywords:
institutes, Economic crisis, Changes in GDP, European political-economic system, Open access orderAbstract
This article is an attempt to describe the institutional forms typical of successful countries. It explores the correlation between democracy, inclusive political system, civil society, freedom of association, government social policy with the success of political systems, and vice versa.
Relevance / Value - The article provides a specific institutional complex that characterizes all successful states. In our opinion, with their development it is possible to fully integrate Georgia into Europe politically and economically
References
სმიტი ა. გამოკვლევა ხალხთა სიმდიდრის ბუნებისა და მიზეზების შესახებ, თარგმნილი ინგლისურიდან ფ. გოგიჩაიშვილის მიერ. თბ.: სახელმწიფო უნივერსიტეტის გამომცემლობა, 1938;
ჭითანავა ნ. გარდამავალი პერიოდის სოციალურ-ეკონომიკური პრობლემები. თბ: 1997;
ჭითანავა ნ. საქართელოს ეკონომიკის გამოწვევები და სტრატეგია. თბ: „ივერიონი“, 2018;
Barro R. Economic Growth. Massachusetts: The MIT Press, 2003;
Broadberry S. Wallis J. Growing, Shrinking and Long Run Economic Performance: Historical Perspectives on Economic Development, 2009;
Economist intelligence unit - EIU Democracy Index 2017 - World Democracy Report, 2017;
https://data.worldbank.org/country/georgia;
https://data.worldbank.org/indicator/NY.GDP.PCAP.CD;
https://data.worldbank.org/indicator/NY.GDP.MKTP.PP.CD;
https://ourworldindata.org/government-spending;
https://mof.ge/images/File/biujetis-kanoni2018/III-wardgena/Citizens-Guide-2018-MOFproeqti-3.pdf;
https://index.minfin.com.ua/finance/budget/gov/expense/;
https://www.statista.com/topics/1390/nonprofit-organizations-in-the-us/;
https://data.worldbank.org/indicator/NY.GDP.PCAP.CD?locations=US;
Maddison A. The World Economy. Volume 1 and 2. Development Centre – OECD, 2006
North D.C. Structure and Change in Economic History. New York and London: W. W. Norton & Co., 1981;
North D. C. Wallis J. J. Weingas R. B. Violence and Social Orders: A Conceptual Framework for Interpreting Recorded Human History. Cambridge: Cambridge University Press, 2012;
Przeworski A. Limongi F. Political Regimes and Economic Growth. American Economic Association: The Journal of Economic Perspectives, 7,3,1993;
Solow R. M. A Contribution to the Theory of Economic Growth. The MIT Press: Quarterly Journal of Economics. 1956. 70. P. 65–94;
Taleb N. N. Antifragile: Things That Gain from Disorder. N.Y: Random House Trade Paperbacks, 2014;
World Bank Open Data. Washington: THE WORLD BANK, 2018;
Аузан A. Экономика всего: Как институты определяют нашу жизнь. Москва: Манн, Иванов и Фербер, 2013;
Полтерович В. Попов В. Тонис А. Концентрация доходов, нестабильность демократии и экономический рост. М: Экономика и математические методы, 2009,45,1,15-29;
Токвиль А. Демократия в Америке - Книга Вторая. М.: Прогресс, 1992.
