INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT International Peer Reviewed & Refereed Journals, Open Access Journal ISSN Approved Journal No: 2456-4184 | Impact factor: 8.76 | ESTD Year: 2016
Scholarly open access journals, Peer-reviewed, and Refereed Journals, Impact factor 8.76 (Calculate by google scholar and Semantic Scholar | AI-Powered Research Tool) , Multidisciplinary, Monthly, Indexing in all major database & Metadata, Citation Generator, Digital Object Identifier(DOI)
The paper provides a comprehensive understanding of the concept of institutions and highlights the importance of state intervention and formal institutional structures in reducing transaction costs, increasing economic stability, and ensuring social welfare. The paper contributes to the literature on institutional economics and provides insights into the challenges of formal and informal institutional structures in developing economies.
Keywords:
Bardhan, Formal institutions, Corruption, China, India
Cite Article:
"Institutional Studies in Relation-Based Business ", International Journal of Novel Research and Development (www.ijnrd.org), ISSN:2456-4184, Vol.8, Issue 5, page no.h229-h232, May-2023, Available :http://www.ijnrd.org/papers/IJNRD2305729.pdf
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ISSN:
2456-4184 | IMPACT FACTOR: 8.76 Calculated By Google Scholar| ESTD YEAR: 2016
An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.76 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator
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