Economic Centrism Of Business Entities In Modern Financial Development

• Authors: Yasynska Nadiia , Tarasenko Olena , Tanchyk Olena
• Languages of publication: EN

Abstracts

EN

The aim of the article is to identify the characteristics and specifics of economic centrism of economic entities in modern financial development. The hypothesis of research that central planning is not possible for market development, and on the other hand, the diversity and adaptability of human behaviour in the economic sphere is the most significant circumstance of computational complexity that exceeds human or machine properties in search of an optimal solution. The research analyses the problem development through the time with highlighting main ideas, pros and cons, threats and opportunities. The paper states that the current financial and economic development of modern local economies of the world. It is impossible to expect that increasing the capacity of international markets in the near future will allow loading them at the expense of own demand for productive forces. This requires that the productive forces and demand of the population has to reach the level that is capable of restoring working capital in the volumes of full loading of fixed capital with a unified distribution and redistribution of the by-product. The main conclusions focus on statement that further economic development, the finances of economic entities, as generators and recipients of an additional product, take a leading position in initiating and introducing new principles of socio-economic coexistence within the state and the financial system.

Keywords

EN

economic development; financial development; finance; capital; world trade; market mechanism; economic entities

• Publisher: Wyższa Szkoła Ekonomiczno-Humanistyczna w Bielsku-Białej
• Journal: MIND Journal
• Year: 2019
• Issue: 8
• Pages: 1-11

Contributors

author

Yasynska Nadiia

author

Tarasenko Olena

author

Tanchyk Olena

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Identifiers

DOI

https://doi.org/10.36228/MJ.8/2019.1