Ion Pohoaţă, Landmarks in Institutional Economics, Economic Publishing House, Bucharest, 2009, 335p.

Leaving behind the classical and neoclassical perspectives on economic growth and the determinants of wealth, Institutional Economics, especially the New Institutional Economics (NIE) has been used to explain the development gaps between states. Its specific features and the particular manner of converting the economic theory into a more earthly version are emphasized with an exceptional accuracy in an exceptional book of Professor Ion Pohoaţă. The book Landmarks in Institutional Economics published in 2009 is a result of more than three years of hard work, a considerable effort dedicated to a thorough study of the New Institutional paradigm with all its valences. Undoubtedly, the author creates an integrative view designed to provide consistency and structure to institutional vision.