Revista OEconomica

Tudor Constantin BĂLAN - Cycles of Freedom: Are Our Rights Today Permanently Secured, or Are We in a Transitional Phase? The Cases of Great Britain, the United States, and Russia

Marius-Cristian PANĂ, Adela BĂLAN - Economic Freedom and Prosperity: A Comparative Analysis of Welfare Determinants at the International Level

Ana Octavia ALBU - When Accurate Forecasts Still Produce Waste: Demand Shocks and Over-Forecasting Risk in Food Retail

Adrian-Ioan DAMOC - The Persian Pivot and the Reconfiguration of Geopolitical Realism: Iran and Venezuela in Strategic Competition among the United States, China, and Russia

Emmanuel Olusegun STOBER - Coercive Diplomacy in the Gulf and the Limits of the Strike-Forward Strategy: Toward a Middle-Power Coalition for Regional Stability

Sorin-Nicolae CURCĂ - On the Informational Entropy of Economic Shock

Florin DĂNESCU - The Banking Sector as Critical Infrastructure in the Logic of Hybrid Conflict: Post-2014 Legislative Convergence in Central and Eastern Europe and the Case of Romania

Alexandru POPOVICI - The Contribution of the Music Industry to GDP and Employment: A Comparative Analysis

Mohammed AL-NASSERY - Implications of the War in the Middle East: An Analysis of the Economic, Security, Humanitarian, and Political Dimensions

Mihai LĂCĂTUŞ - GDP as a Means, Not an End: Inequality as the Missing Variable in Fiscal Policy Design – A 60-Country Analysis of Economic Growth and Subjective Well-Being

Articles on Issue Theme

Horia TERPE

Centrul de Analiză şi Dezvoltare Instituţională (CADI)

Aura MATEI

Centrul de Analiză şi Dezvoltare Instituţională (CADI)

The article reviews the core theories of Elinor Ostrom and the Bloomington School of Institutional Analysis and Development, arguing that they can claim significant pragmatical validity by enabling an integrated approach to governance, including development and other public policies. After introducing the background, the basic thesis of the School and the overall framework of institutional analysis and development (“IAD”), we emphasize two complementary theories. The first is the theory of polycentric order as an approach to macro-governance: polycentricity as the propper institutional arrangement of large, complex social aggregates such as regions and societies. The second theory, having at its core the governance of common-pool resources, is tailored for mezzolevel polities such as communities and villages. Together, the two theories provide a complete and integrated approach to governance. Therefore, in the last part we focus on the impact and applicability of the approach in the field of international development aid and similar policies.

ŒCONOMICA no. 4/2009

Keywords: market, state, political, social and cultural values, institutions, institutional analysis and development, institutional design, development, Elinor Ostrom

Şcoala de la Bloomington: abordarea integrată a teoriei şi practicii dezvoltării

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