HUMANITARIAN SUPPLY CHAIN IN THE VIEW OF NEW INSTITUTIONAL ECONOMICS: TRANSACTION COSTS

The problems of humanitarian logistics from the perspective of new institutional economics are not widely analyzed in the world literature. The effectiveness of logistics processes is determined by both internal and external aspects. The article refers to the institutional, economical, informational, social and infrastructural determinants of humanitarian logistics development and their links to the transaction costs theory. The Author tries to identify a transaction concept within the humanitarian supply chains as well as the governance structure in order to find main criteria of efficiency. The scientific considerations are based on the three types of logistics convergence in humanitarian supply chain in ASEAN Community. Therefore, the research problem consists of two questions. The first one is: how can a transaction concept be understood in the view of the humanitarian logistics theory? The second question is: what are the core criteria of efficiency in humanitarian supply chain on the basis of transaction costs theory? The methodology of the article consists of critical analysis of the subject literature and complex analysis of statistical data. The results underline the structure of the humanitarian supply chain in the view of new institutional economics.