Institutionalized Education and Development „The New Institutionalism” – a New Paradigm of Development within the Context of European Integration

• Main Author: Mistreanu (married Carstea) Laura Maria
• Format: Article
• Language: English
• Published: Danubius University 2009-06-01
• Series: EIRP Proceedings
• Subjects: education; institutionalism; economic development.
• Online Access: http://www.proceedings.univ-danubius.ro/index.php/eirp/article/view/516/475

We shall open this paper with reference to the book “Understanding the Process of EconomicChange” by D.C. North being considered of reference in the issues which are subject to research („there aresome fundamental characteristics of successful economic development which are common for all theeconomies but at the same time there is no universal pattern to reach these results”-North). How can poornessbe explained in most of the states of the world where the sources for economic growth are known? The humanfailure and the institutional framework have a special contribution in finding solutions in order to obtaineconomic growth and implicitly the growth of economic development. The article makes references to theinstitutional framework and its importance for the economic development of a country, to the educationalorganizations and to their contribution to the economic development. Viewed from a reactive factor ofdevelopment, the education has become proactive. This is because the perspective of education has beenaccentuating more and more, called in to prepare the people for types of societies which have not existed yet.The gap within the field of education has a fundamental character in maintaining and emphasizing the gapsbetween the social – economic development of different countries.