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1
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EN
It is often assumed in business ethics publications that a business activity is a kind of a profession, and that is why business ethics is treated as the professional ethics. However, such an approach does not seem well-founded because the notion of business does not mean only one, possible to define precisely, kind of activity. One could admittedly recognize that business ethics is the ethics of a businessman; that is, a person being the owner of the enterprise and managing it. However, presenting the issue in such a way, would exclude the activity of these enterprises which do not have a sole proprietor(e.g. state-owned enterprises and joint-stock companies) from the competence of business ethics.
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EN
It is important to specify terms – the truth is conformity of a word to a thing or an event, whereas a lie is making the truth unavailable to someone who has the right to it. John Paul II promoted the essential truth that a man is God’s creation; God knows what is good for his creation; human person is God’s image, then should act in such a manner that the image is clear. Faith has moral dimension-it is moral dimension. It is the source of practical involvement which remains in harmony with faith. The principles of one’s conduct are God’s commandments, whereas individualistic ethics, practised in the spirit of illusory freedom, prevents us from discovering the only certain truth-God. Contemporary crisis of society is that faith is rejected and as a result there is breaking off the essential and constitutive bond between the truth and freedom. In economy we can see that the truth in one’s conduct cannot withstand the style of the present geared towards profit. It is proper that the Church supports profit but the profit cannot be the only regulator of a company’s life. There are still human and moral factors. Economic growth should respect human values. Freedom in the economic and social area cannot be torn out from the truth about a human being. The meeting of the Church and the workers’ movement in 1980 showed that it is possible to demand ethics in economy in the name of the truth of a human being-then the civilisation of love is created with its main principles: a person before a thing, more important to be than to have, ethics before technology, mercy before justice, defeat evil with good. Problems existing in this area cannot be disregarded. The matter is important and urging – otherwise, as Pope Leo XIII said in the Encyclical Rerum Novarum, delaying would make evil incurable.
EN
The Mediterranean Area is a very important region at the contemporary international relations scene. Since 2001, the United States have established closer relations with North African countries. There are two main goals of the American foreign policy towards Maghreb. The first one of these goals concerning cooperation is searching for the alternative way of supplying the United States by African gas and oil. Such countries as Algeria, Libya, and Nigeria are some of the biggest holders and exporters of these natural minerals. Nowadays, the U.S., the European countries and Russia are in rivalry for Liquefied Natural Gas (LNG) and oil contracts with the African partners. The winner of this competition will keep control of the whole market of minerals, and from the political, economic and strategic point of view will be stronger in the future. The second one is supporting by Maghreb countries the U.S. counter-terrorism military operation “Active Endeavour”.
EN
The authors offer a picture of the 1960s (and partly also the 1970s) as a period heading for a renaissance of rational economic thinking in the Czech Lands, pointing at certain links to economic discussions of the 1990s. The work is a specialized study on the history of economic thinking, but its character is partly that of remembrance as well. It focuses on two outstanding representatives of the Institute of Economics of the Czechoslovak Academy of Sciences in the 1960s, Ota Šik (1919–2004) and Josef Goldmann (1912–1984), and their research teams. As to collaborators of the Institute’s director (and Deputy Prime minister in 1968) Ota Šik, who were offi cially tasked with the preparation of economic reforms at that time, the authors mention contributions of Karel Kouba, Čestmír Kožušník, Bohumil Komenda and Otakar Turek. In 1965, Josef Goldmann established a department of prosperity and economic growth research, which was staffed by many young economists, including the authors of the present study. The latter present an analysis of three directions of Goldmann’s research: a theory of medium-term fl uctuations in the growth rate of central planning economic systems; strategy of economic growth; and research of prosperity. They also describe the infl uence of the theoretical models of socialist economic systems of Włodzimierz Brus (1921–2007) on Šik’s team, and that of another Polish economist, Michał Kalecki (1899–1970), on Goldmann’s thinking. As to macroeconomic issues, the study deals with a period theoretical contribution of Václav Klaus (on infl ation in centrally planned economies), while microeconomics is represented by works of Lubomír Mlčoch (in particular his study on the theory of the fi rm). The study also documents a signifi cant generation dimension of the transformation of economic thinking in Czechoslovakia during the 1960s. In the end, the authors formulate a legacy of the Prague Spring in 1968 in the area of economic thinking. Fifty years ago, the Czechoslovak economics tried to overcome the simplifi ed ideological notion of the centrally planned economy, to better understand the behavior of economic entities, and to use the knowledge to draft an economic reform. Today, we have not yet come to terms with the shift from the principle (ideology) of a “market without attributes” and with the critical analysis of the real operation of the public sector within today’s economy, with a high level of redistribution which is often a long way from market principles. Just like in 1968, the gist of the matter is to better understand the “games” played by various economic subjects and institutions, and hence potential dysfunctions of the entire socio-economic system.
CS
Autoři nabízejí pohled na šedesátá (a částečně i sedmdesátá) léta jako na období směřující k renesanci racionálního ekonomického myšlení v českých zemích a poukazují na určité prvky návaznosti v ekonomických diskusích devadesátých let. Práce je odbornou studií z dějin ekonomického myšlení, částečně má ale i pamětnický ráz. Hlavní pozornost je soustředěna na dvě profilující osobnosti Ekonomického ústavu Československé akademie věd v šedesátých letech, Otu Šika (1919–2004) a Josefa Goldmanna (1912–1984) s jejich výzkumnými týmy. Ze spolupracovníků ředitele ústavu (v roce 1968 místopředsedy vlády) Oty Šika, kteří z oficiálního pověření připravovali tehdejší ekonomické reformy, autoři připomínají příspěvky Karla Kouby, Čestmíra Kožušníka, Bohumila Komendy a Otakara Turka. Josef Goldmann v Ekonomickém ústavu založil v roce 1965 oddělení konjunkturálního výzkumu a ekonomického růstu, ve kterém působila řada mladých ekonomů, včetně autorů předložené studie. Ti podávají rozbor tří směrů jeho výzkumu: teorie střednědobých výkyvů v tempu růstu centrálně plánované ekonomiky, strategie hospodářského růstu a konjunkturálního výzkumu. Přibližují také vliv teoretických modelů socialistického hospodářství Włodzimierze Bruse (1921–2007) na Šikův tým a dalšího polského ekonoma Michała Kaleckého (1899–1970) na Goldmannovo uvažování. V oblasti makroekonomie se studie dále zabývá dobovým teoretickým příspěvkem Václava Klause (o inflaci v centrálně plánované ekonomice) a v mikroekonomii pracemi Lubomíra Mlčocha (zejména jeho příspěvkem k teorii firmy). Dokládá přitom výrazný generační rozměr přerodu ekonomického myšlení v Československu během šedesátých letech. Závěrem autoři formulují odkaz pražského jara 1968 v oblasti ekonomického myšlení. Před padesáti lety se ekonomie v Československu snažila překonat zjednodušenou ideologickou představu centrálně plánované ekonomiky, hlouběji pochopit chování ekonomických subjektů a na tomto základě připravit koncepci ekonomické reformy. Dnes jsme se stále ještě plně nevyrovnali s faktem posunu od principu (ideologie) „trhu bez přívlastků“ a s kritickou analýzou reálného fungování veřejného sektoru v rámci dnešní ekonomiky s vysokým podílem přerozdělování, často mimo tržní principy. Podobně jako tehdy jde tedy o to lépe pochopit „hru“ různých ekonomických subjektů a různých institucí, a odtud i možné dysfunkce celého sociálně-ekonomického systému.
EN
During the Hallstatt period in Central Europe, profound cultural, economic, and social changes occurred. This is due to the emergence of new technologies ‒ primarily iron metallurgy. Another element is the vicinity of the dominant economic system, i.e., the broadly understood Mediterranean civi-lization, especially the Etruscan cities in Italy. These asymmetrical relationships forced social changes in the areas north of the Alps. An important factor was probably the slave trade, which forced violence and armed struggle. This resulted in a progressive militarization, which is visible through the construction of defensive settlements and the strengthening of farms. The consequence was extreme social stratification and the domination of aristocratic elites. Thus, the stability of such a system depended on the relationship with the dominant partner. In a situation of disruption of relationships, a crisis must have arisen, resulting in the collapse of this culture model.
EN
The text discusses the German geopolitical concept called Mitteleuropa. The author characterized the ideas of German geographers and politicians: Partsch, List, Neumann. How did the Mitteleuropa idea evolve in Germany until the end of the 20th century – the beginning of the 21st century? The question of the validity of this concept in contemporary international politics has been analyzed. The economic and cultural context is discussed.
EN
Inventories, i.e. registers containing the number and value of material elements of a given object or business entity, have often been used in historical research. A lot of historians have written about the value of historical sources of that kind which allow to see a given image from the past more clearly and precisely. The author reconstructs the condition of the 1788 farm in Miejsce, making use of the local inventory.
EN
Regardless of the fact that economics distinguishes itself from other social sciences by a high level of formal deductive modelling, it is a social science due to the essence of the economic process where a human is a subject and an object at the same time. In recent years this issue has been more frequently emphasized by economists in ongoing discussions. In the discussions, a good deal of time is devoted to economic models and, mainly, their relations with the socioeconomic reality and coherence of empirical evidence. The article presents a thesis that some mainstream economic theories have not always constituted the background to their practical applications, which led - and still can lead- to the dogmatic and inflexible use of model solutions for economic phenomena which are difficult to forecast in a non-variant rigid model. The aim is to critically analyse the beliefs about the usefulness of universal economic models in the economic reality advocated by mainstream economists, and to prove that not all economic models have constituted the background to their practical applications.
EN
Foreign Direct Investment (FDI) plays an extraordinary and increasingly important role in global and local business. This type of investment gives the country a better position to prepare for rapidly changing economic conditions. Considering the external effects of FDI, it should be assumed that the most important one is coinvolvement in the development of a country in which they are located. In the Polish economy the value of foreign direct investment is very high and it is one of the most important causes of the economic growth.
EN
This paper investigates material and program support of informatization process of state regulation. The author has analyzed the structure of the system of information-analytical support of state regulation. The main stages of informatization of state regulation are determined.
EN
The article explores the general question of how family members articulate the rational and moral dimensions of the economy and the role in this played by language and family discourse - how families do the economy with words. It examines the resources family members employ family discourse to interpret and justify their economic behaviour, and puts forth the hypothesis that economic terms are re-articulated through everyday practices in the family world and that conversations inoculate expert terms with specific meanings. The article introduces the moral economy as a crucial principle of sense-making in family economic discourse and highlights the perception of the future as a key distinction between financial market economies and family-specific moral economies. Three mechanisms by which finance is domesticated are identified: (1) narrativisation - where financial objects are interpreted through the narratives of family history; (2) appropriation - where financial objects are embedded in the family moral economy; and (3) affectivation - where emotions change the meanings attached to financial objects. Narrativisation situates financial objects in time, appropriation sets them in the context of the family-specific moral economy, and affectivation connects them with personal identity and authentic experience.
EN
Poland, after social-politic-economic transformation in 1989, became a capitalistic, free-market country. In this conditions human being can be perceived as an object, not a subject of economic life. Therefore the import ant issue is to take up problems associated with human subjectivity. And human subjectivity is expressed in his personal dignity.
EN
Liberalism and marxism are two forms of economism, which separate economic activity from ethics. The social teaching of the Church accepted continued by pope Benedict XVI recognizes the necessity of free market and limited intervention of the state in economy, but first of all postulates creativity of civil society in the field of economic life. The main arguments for observance of moral rules in the economic activity are following: 1. Every conscious and free men’s action is responsible for the effects – economic activity cannot be any exception; 2. The same ethics ought to be applied in the individual-private life and in the public domain – also economy; 3. Ethos of economic activity is connected with three virtues – truth, love and justice (also social justice); 4. Christian-personalistic ethics is based on the principles auxialiarity (personalism) and common good (solidarity). Economic activity completely separated from ethics is inhuman.
EN
The article undertakes an important interdisciplinary topic placed on the boundary between sociological and economic analysis. The author discusses Turkish immigrant work force settled in Austria. The role and place these immigrants occupy in the local social and economic structure reflects on the subjectivity of an individual and on their capability to directly and indirectly impact their environment. Conclusions presented at the end of the article indicate a surprising correlation or interdependence: a long tradition of migration, and extensive historical and cultural links do not translate into a strong position on the labour market. The author tries to answer the question why.
EN
Contemporary space is changing stemming from the dynamic processes occurring in different economic sections. The crisis in the global economy is additionally accompanied by this phenomenon. These transformations make the changes in the role of space in the economy. From the related element space is becoming one of the most active factors shaping the economic processes.
EN
The purpose of this article is to analyze the classical assumption that in the absence of suf-ficient information in the market transaction there is a problem of asymmetry. In addition it verified the assumption that you understand the transaction allows the Company to take further decisions – less risky. In the presented article first defines the concepts of asymmetric infor-mation and a description of the model pryncypał-agent. Then pointed out the methodology of the experiment and describes the test result. The final part of the article presents the conclu-sions. The study was based on economic experiment carried out on a random sample of stu-dents of third degree at the Faculty of Economics and Management in Szczecin. Results of this study demonstrated the occurrence of the phenomenon of information asymmetry. It confirmed the situation in which one party had more information than the other to a diverse range, which resulted in a favorable decision making.
EN
This paper concerns important issues connected with adult continuing education in the context of innovative activity in a modern economy. The progress of civilization in the world leads to the creation of new goals and objectives in the entire system of education, and in particular in adult education. Education and the professional training of workers are closely connected with the development of companies and enterprises. Innovative activities contribute to the development of new technological and organizational solutions and to their popularization, creating and storing knowledge and abilities. The main elements in the sphere of the creation and popularization of innovation are: academic and applied sciences, companies, business environments, government institutions, corporations and international organizations.
PL
Prezentowany artykuł dotyczy istotnych zagadnień związanych z edukacją ustawiczną dorosłych w kontekście działalności innowacyjnej we współczesnej gospodarce. Postęp cywilizacyjny wymusza nowe cele i zadania w całym systemie edukacji, a w szczególności w zakresie kształcenia dorosłych. Edukacja i doskonalenie zawodowe pracowników ma bezpośrednie przełożenie na rozwój firm i przedsiębiorstw. Działania innowacyjne wnoszą wkład do rozwoju i rozpowszechniania nowych rozwiązań technologicznych oraz organizacyjnych, tworząc i przechowując wiedzę i umiejętności. Główne podmioty w obszarze tworzenia i rozpowszechniania innowacji to przede wszystkim nauka akademicka i stosowana, przedsiębiorstwa, środowiska biznesowe, instytucje rządowe, korporacje oraz organizacje międzynarodowe.
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Minimum Wage Impact on the Polish Economy

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EN
This paper focuses on the analysis of the impact of the minimum wage on the Polish economy. It consists of three parts. The first part contains a short overview of the economic literature on the minimum wage in Poland and the results of research on this subject. The conclusions of these studies are unclear, which indicated the need to further analyze statistical data and assess the effects of raising the minimum wage in Poland. In the second part, an attempt is made to examine the correlation between the level of minimum wage and the rate of its change in Poland in the years 1992–2016 and basic economic indicators such as: level and rate of average wage growth, GDP, labor productivity, price growth dynamics and unemployment rate. Spearman’s correlation coefficients were used for this analysis. The third part concerns the perceived and potential effects of raising the minimum wage in 2017 to PLN 2,000 and introducing a minimum hourly rate of PLN 13. The focus is mainly on analyzing and assessing the impact of these decisions on the labor market in Poland. The positive aspects are presented as well as the dangers of introducing a minimum hourly wage. The article concludes that both the statistical data covering the last 25 years and the labor market analysis in 2017 do not support the negative effects of the minimum wage for the Polish economy.
PL
W teorii ekonomii możemy zauważyć różne podejścia do problemu inwestowania. Wynikają one między innymi z tego, że na przestrzeni wieków zmieniały się systemy ekonomiczne jak i społeczne. W artykule przedstawione zostaną różne podejścia do problematyki inwestowania w wybranych koncepcjach ekonomicznych. Analizie zostaną poddane inwestycje w teoriach przedklasycznych, klasycznych, Marksa oraz Keynesa
EN
The theory of economics includes various approaches to investment. They result from different economic and social systems that existed throughout ages. The article presents various approaches to investment in selected economic theories and analyzes the issue of investment in pre-classical, classical, Marx’s and Keynes’s theories.
EN
Currently, households are faced with the problems of rising electricity prices. Every month, electricity suppliers try to force the Energy Regulatory Office to increase prices as much as possible for individual consumers. The aim of the article below is to indicate that responsible electricity management by means selecting a favourable tariff will largely contribute to lowering the economic bill of a household. During the study, we used our own data on the annual consumption of electricity in a household by the most frequently used appliances, and the current energy prices in the studied tariffs. The most advantageous option is the responsible use of the G12w tariff, supported by one’s own photovoltaic micro-installation. Such a combination guarantees minimal costs resulting from the consumption of electricity.
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