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Factors Limiting Minimal Wages Increase

100%
Polityka Społeczna
|
2007
|
vol. 34
|
issue 9(402)
10-12
EN
The author discusses the issue of wage minimum from the perspective of his own professional experience, and clearly supports significant increase of the lowest wages currently in force. Interesting - although undoubtedly debatable - thesis is presented, according to which market economy is, generally speaking, not conducive to spontaneous growth of wages, the lowest in particular. Hard competition among economic entities that forces to constant lowering of costs, characteristic for that economy, is a special threat in that respect. Hence, according to the author, the state should intervene in the sphere of remunerations in the conditions of market economy
EN
Right now cooperatives are entities that operate according to the rules and conditions referring to all other forms of business. Cooperatives are the private entities, with assets owned by members-owners handed over for the group usage. Furthermore, besides special rules concerning the organizational form of the cooperatives, economic activity of cooperative entities is under the common laws for all economic entities on the market; among others: from scope of economics, finances, accounting, production, labor law, administration, management, the quality of provided services and control. The understanding and applying law in practice by management boards of cooperatives is an indispensable element of cooperative's functioning in present socio-economic system.
EN
In the developed market economy, the complex capital structures are the substantial method of an economic cooperation between companies, both in terms of individual countries and across the world. Therefore, it is essential for particular countries to adopt similar solutions into their national regulations which would clearly and accurately standardize the issues of capital groups' activity. This paper presents the problem of regulations pertaining to the creation and functioning of complex capital structures and their evaluation.
EN
The aim of this study is to analyze the causes of the German economic miracle (Wirtschaftswunder) in the era of L. Erhard, in the context of economic theory and economic history. In the present study, it has been attempted to justify the thesis that this success was made possible not only through an effective policy of economic order, but also due to conditions specific economic, social and political conditions in the world after World War II. Erhard's policy, which promoted the economic order, but denied the state intervention in the management process, proved to become remarkably effective in those circumstances. There remains an open question whether Erhard's policy of economic order would achieve such a spectacular success in the different socio- economic conditions.
EN
In the this article on the basis of complex theoretical analysis of economic relations, formed at the market of the real estate, essence of the real estate is grounded as to the economic category, ambivalent character of its functioning (as the article of consumption and factor of production) is showed, that extends a research sphere and underlines its meaningfulness.
EN
This paper explores moral and social-psychological objectives important to the functioning of the market system in the new Eastern and Central European democracies. The aim is to analyse the new economic and social relations established by the Eastern European transition, especially how they differ from Western structures and how they evolved during the transition period. The analysis uses data from cross-national surveys on attitudes taken in 1991 and 1996. These focused on attitudes towards and views about justice, a just society, and the principles of just distribution, and touched, albeit indirectly, on the general lack of confidence and envy. Based on this empirical data our study examines attitudes towards economic actors, but the findings are interpretable both at the system level and within wider social relations. Operationalizing attitudes towards economic actors is one way to examine attitudes towards the rich under market circumstances. Wealth is a manifestation of economic success in a market situation and exemplifies the extent of social inequalities. Public attitudes towards the rich are not independent of people's judgments of economic institutions or the guiding principles of the market economy. The analysis was extended to the socio-psychological inclinations and preferences of the new Eastern European market economies at the time of the transition. Comparing East and West for acceptance and rejection of market rules and the attitudinal background allows testing for embeddedness and legitimation of market systems in post-socialist societies.
EN
The centralization the corporate structural system inherited from the planned economy acts as an impediment to market competition, so that many of the big, artificially created state-owned firms have to be broken up. An active part in doing so has to be played by the state, through the Economic Competition Office as 'guardian' of competition. The logic is clear, but a matter of dispute theoretically and in practice. The article presents the theoretical dilemmas of demonopolization that appeared with the change of system and shows what attempts were made to resolve them through competition regulation and the activity of the Competition Office. It emerges from the analysis that the main role in building up the structural conditions was not played by the Competition Office, which declined the task of inspecting the inherited structure and the privatization decisions, seeing it as economically and politically delicate. As for the small number of merger decisions connected with privatization that it took, they were handled in a legal fashion, but most of the sales and take-overs were simply permitted, not always for consistent reasons.
EN
The fundamental condition of the development of agriculture in Poland is making farmers aware of the inevitable changes and perfection needs. Some farmers, however, perceive them as yet another 'harm' that is being done to farmers and agriculture. Yet they should be regarded as another stage of the Polish agriculture development, at which the old models do not match the current standards and requirements of the more and more competitive market.
EN
In 1989 the process of transformation of Polish economy started - the process of transition from a central planning economy to market economy. One of the greatest achievements of the reformatory initiatives undertaken at that time was a dynamic development of entrepreneurship. Within the span of merely a few years this led to the rise of small and medium businesses, a sector that played an important role in the socio-economic development of Poland. The dynamic development of private enterprise at the beginning of the 1090s was instrumental in relatively quickly pulling Poland's economy out of deep recession. Subsequent years of transformation showed that small and medium businesses markedly increased their share in employment, GDP and investment expenditures.
EN
Market economy is a system that consists of inter-related individual elements such as private economic agents, private-public partnerships, state corporations and state institutions. Such a system possesses individual features of each element as well as systemic features. This is what is called economic dualism in this paper. This interpretation of economic dualism is compared to its traditional interpretation. Basic characteristics of the systems view on market economy are discussed. Some illustrations of a system organization of economy, specifically network organization, are presented. Major conclusion that comes out of this approach is: Systems view on market economy requires its regulation on the basis of a systems approach to correct for market failures and systemic risk. The paper explains what it means from an economic standpoint.
EN
The article, prepared at the request of an American university institute specializing in Cuban studies, asks what Cuba can learn from the Eastern European transformation when it eventually takes the post-communist path. The author broadens this into the enquiry outlined in the title. There is no universal prescription. The order and speed of tasks and specific methods employed depend on the country's specific situation. It would be a mistake to follow mechanically the path of any other country. However, there are common features in the approach to preparing the transformation programme. The strong political charge in any essential change must not be forgotten. It is illusory to expect tasks to be purely professional and 'politics-free'. The ethical aspects of the changes planned have to be conscientiously considered. The study analyses the experiences with representative democracy, creation of a state of law, privatization, price reform and liberalization, and reform of the welfare state. Finally, something is said about the responsibility of foreign advisers and norms of behaviour applicable to them.
EN
The paper is devoted to analysis of economic-sociologic conception of the known economic sociologist and anthropologist K. Polanyi as the theoretical methodological basis of socio-critical approach to the study of neoliberal globalization. In his work The Great Transformation K. Polanyi explains the process of the global market expansion of the 19th- early 20th centuries, that is the process of globalization of the 19th – early 20th centuries, as well as the causes of its collapse. The central element of Polanyi’s economic-sociologic conception is the comprehension of a man as a social being entwined in the web of social relations and economy “installation” in the society. Such comprehension of a man and economy and society interrelations opposes the conception homo economics of the formal economic theory. It appears as the basis for criticism of delusions of economic liberalism and neoliberalism. As Polanyi shows, the appearance of the capitalist market economy resulted in the economy isolation into institutional sphere, autonomous of the society that brings a series of negative social consequences.
EN
The essence of investment activity and its requirement in government control has been investigated. Principles and priorities which the investment policy of Ukraine must be based on have been offered. Reasons which caused the economic crisis in Ukraine have been considered. The recommendations of way out of the financial crisis have been given.
EN
The aim of this study is to contribute to the clarification of the relationship of law and economics from the aspect of law. Based on the above and taking into account the recodification of Slovak civil law and historical development, author of the study explores the possibilities of increasing the efficiency of private law. The relation of law and economics is determined by the historical development of the human society. There was a wide range of social relations in the sphere of interest of the earlier legislation. This relationship gets new quality under the conditions of the transformation of Slovak economy. At present functioning of the free market raises the question of the state's role in the economy, in particular the legality and the limits of state intervention in economic relations.
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