International Scientific-Practical Conference "Economic growth in the conditions of globalization" = Conferinţa Internaţională Ştiinţifico-Practică „Creşterea economică în condiţiile globalizării”
Browsing International Scientific-Practical Conference "Economic growth in the conditions of globalization" = Conferinţa Internaţională Ştiinţifico-Practică „Creşterea economică în condiţiile globalizării” by Author "Agafita, Constantin"
Countries that recently gain its independence lack of a clear capacity to adapt to new circumstances by fostering beneficial institutional changes. The purpose of this paper is to explain the concepts of an appropriateinstitutional framework and target priorities to see how institutional reform can facilitate the process ofgrowth and development.
The article aims to describe the need to study and reform of institutionalism in order to redefine the organization's structures in the economy and market relations. A systematic approach is needed to identify and effectively use of the institutions and actors involved in reforms. Public sector reform should be achieved in the managerial systems, organizational structures and at legislative levels, which is accompanied by structural reforms. Market mechanisms allow to public sector to approach to public needs and to create a modern administration based on efficiency, effectiveness and openness to change. The need to find measures and directions towards desired progress requires development and implementation of institutional reforms.