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Spotlights

  • Property Rights and Natural Resource Management

    Property Rights and Natural Resource Management

    Spotlight

    Harold Demsetz’s "Toward a Theory of Property Rights,” American Economic Review (May 1967, reprinted in Eirik G. Furobotn and Svetozar Pejovich, eds., The Economics of Property Rights, 1974) is a major contribution to the economists’ approach to property rights. In his essay, Demsetz drew on important historical and anthropological information to illuminate the development of property rights among native Americans. What is important here is a talented economist’s sensitive use of this historical material. Demsetz applies the research of scholars concerned with...

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  • Factorii determinanți ai investițiilor străine directe în România și Polonia 1990-2000

    Factorii determinanți ai investițiilor străine directe în România și Polonia 1990-2000

    Spotlight

    Unul dintre principalii indicatori ai performanței economice și ai integrării în piețele financiare globale este reprezentat de investițiile străine directe. În timpul tranziției economice de la economia planificată la piața liberă, pentru țările din Europa Centrală și de Est, investițiile străine deveneau o necesitate în condițiile în care capitalul autohton adeseori lipsea sau era foarte limitat.

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  • Managing the Commons

    Managing the Commons

    Spotlight

    Managing natural resources that are held in common is a great and grave challenge. It requires addressing the community of users, beneficiaries, and managers. It also requires consideration of how those communities interact with the commons itself. At stake is the prosperity, and even survival, of both the people and the environment.

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