Institutional structure: enabler of inhibitor?
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2021-06-24
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en
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This thesis looks at the differences regarding institutional structures in Latvia and Bulgaria, and the implications that this has for the economic development of both countries. How institutions function and interact between each other results in specific relationships that affect the way a country performs economically and politically. The institutions are examined during the process of an economic transition. This is the reform process that both countries had to go through in order to become a member of the European Union. Both the corporate and government aspects of the institutional structure of both countries will be examined. The assessment will concern the ability of these institutions to hinder or further the transition process and in what way this is possible. Through this analysis it will become possible to weigh the role of separate institutional structures in the transition process and the degree to which this has affected overall economic development in Latvia and Bulgaria.
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Faculteit der Managementwetenschappen