Record Details


Field	Value

Authentication Code	dc

Title Statement	DISINTEGRATION IN AN INSTITUTIONALIZED WORLD

Added Entry - Uncontrolled Name	Gruszewska, Ewa

Summary, etc.	<p>We live in an institutionalized world, where all activities are determined by norms, procedures, and habits. The institutionalized system is a result of human’s striving for an order that lowers the transaction costs and contributes to the increase of profits from economic activity. The system still transforms: new elements of the system are created; they are better fitted to a current economy status, they replace previous ones that did not show a satisfactory efficiency. The contradiction between formal and informal institutions may lead to a damage of existing solutions (namely formal ones). However, such disintegration is a road to integration, because it makes possible to build up a new system, in which contradictions are gradually removed. The system transformation in Poland can be such an example: more and more efficiently working system emerges after a period of institutional disintegration.</p>

Publication, Distribution, Etc.	Uniwersytet Mikołaja Kopernika w Toruniu 2011-12-31 00:00:00

Electronic Location and Access	application/pdf http://www.apcz.pl/czasopisma/index.php/EiP/article/view/EiP.2011.003

Data Source Entry	Ekonomia i Prawo. Economics and Law; Vol 7, No 1 (2011)

Language Note	pl

Terms Governing Use and Reproduction Note	Copyright (c)

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