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The main objective of the paper is to present the quality and development of the business environment, which is a key factor for economic development of the country. "Good rules" strengthen the functioning of the market, improve efficiency and encourage business. The quality of the business environment affects the operation and success of companies. It also depends on the competitiveness and attractiveness of the country for investment and subsequent growth. Favorable investment climate is a key factor in the infl...

Although some types of administration have existed earlier, however, the traditional public administration model actually dates back to the middle of the nineteenth century. Previous administration systems showed an important characteristic. They were "personal", based on loyalty to a particular individual as a king or a minister, instead of being "undetermined" on the basis of legitimacy and loyalty to the organization and the state. Their practices often resulted in corruption or abuse of office for personal gai...