%0 Journal Article %T Education and The New Institutionalismˇ± ¨C The Paradigm of Economic Development within the Context of European Integration %A Mistreanu (Carstea) Laura Maria %J Acta Universitatis Danubius : Oeconomica %D 2009 %I Danubius University %X We shall open this paper with reference to the book ˇ°Understanding the Process of Economic Changeˇ± by D.C. North being considered ofreference in the issues which are subject to research ( there are some fundamental characteristics of successful economic development which arecommon for all the economies but at the same time there is no universal pattern to reach these resultsˇ±-North). How can poorness be explained inmost of the states of the world where the sources for economic growth are known? The human failure and the institutional framework have a specialcontribution in finding solutions in order to obtain economic growth and implicitly the growth of economic development. The article makesreferences to the institutional framework and its importance for the economic development of a country, to the educational organizations and to theircontribution to the economic development. Viewed from a reactive factor of development, the education has become proactive. This is because theperspective of education has been accentuating more and more, called in to prepare the people for types of societies which have not existed yet. Thegap within the field of education has a fundamental character in maintaining and emphasizing the gaps between the social ¨C economic developmentof different countries. %K education %K institutionalism %K economic development %K progress %K rules %U http://journals.univ-danubius.ro/index.php/oeconomica/article/viewFile/75/72