institutional analysis | HÉTFA Research Institute https://hetfa.eu Knowledge You Can Use Mon, 17 Feb 2014 14:45:18 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.5 https://hetfa.eu/wp-content/uploads/2020/10/cropped-ikon-150x150.jpg institutional analysis | HÉTFA Research Institute https://hetfa.eu 32 32 Competitiveness Presumes a Reinforced Cooperation https://hetfa.eu/2014/02/competitiveness-presumes-a-reinforced-cooperation/ Mon, 17 Feb 2014 14:41:55 +0000 https://hetfa.eu/?p=931 ’The basic requirement of competitiveness is the reinforcement of cooperation, whereas corruption is a general contractual failure’ argues Károly Mike, senior research fellow of HETFA, in his interview given to the Financial Review Online [Pénzügyi Szemle Online].

Based on the theory of institutional economics, our research fellow suggests, first, to conduct a mapping on the functioning of the state and market economic rules and processes. Any steps aiming at the improvement of the related institutions can only take place afterwards.

The interview is available in Hungarian

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