Economic Systems

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Frederic L Pryor - One of the best experts on this subject based on the ideXlab platform.

  • Culture and Economic Systems
    American Journal of Economics and Sociology, 2007
    Co-Authors: Frederic L Pryor
    Abstract:

    Applying a cluster analysis to the results of the World Value Study, this article shows that the OECD nations have five distinct patterns of cultural characteristics. Moreover, these five cultural Systems are almost the same as a classification of Economic Systems that have been derived from a cluster analysis of their Economic institutions. A comparison of the cultural characteristics of East and West Germany suggests that the Economic system has relatively little influence on the cultural Systems. Instead, in a democracy, where the Economic system is not imposed by force, the cultural characteristics are more likely to determine the Economic system, rather than the reverse.

  • Economic Systems of Developing Nations
    Comparative Economic Studies, 2006
    Co-Authors: Frederic L Pryor
    Abstract:

    This essay employs a database of covering 31 different types of Economic institutions for 41 developing nations. Defining an Economic system in terms of clusters of complementary institutions and performing a cluster analysis, I derive four different types of Economic Systems. Then I explore the impact of the Economic system on the Economic growth, inflation rate, and production volatility of the nations with each system.

  • Economic Systems of foraging agricultural and industrial societies
    2005
    Co-Authors: Frederic L Pryor
    Abstract:

    Drawing upon the disciplines of Economics, anthropology, statistics, and history, and employing a new and unified analytic approach, Frederic L. Pryor reformulates in this book the entire field of comparative Economic Systems. He examines large samples of foraging (hunting, gathering and fishing), agricultural, and industrial economies to explore four key questions: What are the distinct Economic Systems found in each group? Why do certain societies or nations have one Economic system rather than another? What impact do Economic Systems have on the performance of the economy? How do these Economic Systems develop and change? The results provide a context that allows us to move beyond the chaos of case studies and ideological assertions to gain an overview of the development of Economic Systems over the millennia. It also raises a series of new analytic and empirical issues that have not hitherto been systematically explored.

  • Economic Systems of Foraging, Agricultural, and Industrial Societies
    2005
    Co-Authors: Frederic L Pryor
    Abstract:

    Part I. Orientation: 1. Introduction Part II. Foraging Societies: 2. Economic Systems of foragers 3. From foraging to farming Part III. Agricultural Societies: 4. Economic Systems of agriculturalists 5. From agriculture to industry Part IV. Industrial/Service Societies: 6. Advanced market Economic Systems 7. Systemic changes in advanced market Systems 8. Marxist Economic Systems Part V. Final Words: 9. Conclusions and an agenda for future research.

  • Market Economic Systems
    Journal of Comparative Economics, 2005
    Co-Authors: Frederic L Pryor
    Abstract:

    The new comparative Economics focuses on individual institutions, rather than considering the Economic system as an entity. In this essay we argue that Economic Systems should be defined in terms of clusters of complementary or covarying institutions. A cluster analysis of OECD countries, using data on forty different Economic institutions, shows that four Economic Systems can be used to characterize these countries. These Systems have no significant impact on Economic growth or inflation, but they do have an important influence on the distribution of income. An analysis of systemic change suggests that the differences between Economic Systems become greater with Economic development, while the among between countries with the same Economic system become less, at least up to 1990.

Francisco Perez-trejo - One of the best experts on this subject based on the ideXlab platform.

  • Strategic planning of complex Economic Systems
    Review of Political Economy, 1992
    Co-Authors: Peter M. Allen, Norman Clark, Francisco Perez-trejo
    Abstract:

    A major drawback of conventional models of the behavior of Economic Systems (and derived tools for policy intervention) is that the desire for tractability leads generally to a high degree of abstraction from reality. This article suggests an alternative, and arguably complementary, approach which engages specifically with Economic complexity. The technique used is one of interactive spatial modelling over long time periods where the principle Economic agents base decisions on incomplete heuristic information. For illustrative purposes the model has been calibrated on the basis of Senegalese data for 1981–91 and broad generic equations presented. The article argues that such a methodological approach holds out considerable advantages for strategic planning of sustainable Economic Systems. In particular it permits the direct engagement of nonEconomic disciplines and client stakeholders in the planning process.

Peter M. Allen - One of the best experts on this subject based on the ideXlab platform.

  • Strategic planning of complex Economic Systems
    Review of Political Economy, 1992
    Co-Authors: Peter M. Allen, Norman Clark, Francisco Perez-trejo
    Abstract:

    A major drawback of conventional models of the behavior of Economic Systems (and derived tools for policy intervention) is that the desire for tractability leads generally to a high degree of abstraction from reality. This article suggests an alternative, and arguably complementary, approach which engages specifically with Economic complexity. The technique used is one of interactive spatial modelling over long time periods where the principle Economic agents base decisions on incomplete heuristic information. For illustrative purposes the model has been calibrated on the basis of Senegalese data for 1981–91 and broad generic equations presented. The article argues that such a methodological approach holds out considerable advantages for strategic planning of sustainable Economic Systems. In particular it permits the direct engagement of nonEconomic disciplines and client stakeholders in the planning process.

Sergey A. Yakovlev - One of the best experts on this subject based on the ideXlab platform.

  • Socio-Economic Systems Strategic Development Managing
    Journal of Sustainable Development, 2015
    Co-Authors: Elena Y. Levina, Guzel K. Pyrkova, Chulpan S. Zakirova, Olga R. Semikova, Karina R. Nabiullina, Izida I. Ishmuradova, Sergey A. Yakovlev
    Abstract:

    The relevance of the article is determined by the necessity of theoretical concepts’ and practical experience’s rethinking how to change the functioning of socio-Economic processes and Systems in the conditions of technological mode, the cycle of development, evaluation of current reforms’ changing. In this regard, the purpose of this article is aimed at socio-Economic Systems’ strategic development management improving when it is necessary to clarify the types of structural changes, to envisage various scenarios of events’ development, to determine the possibility of sustainable development achieving. The basis of the presented paper is the ideas of the infological approach and the principles of continuous improvement of all processes in the system. The presented article shows the structural model of information provision providing for the selection of significant information content for the development management implementation. The article presents the author's system of information sources’ ranking on quality criteria, providing a formalization and standardization of strategic planning source data. This article is intended for business leaders, educational organizations, top-managers, researchers and those who are focused on the development of socio-Economic Systems.

Aleksei V. Bogoviz - One of the best experts on this subject based on the ideXlab platform.

  • Stagnating Socio-Economic Systems
    “Conflict-Free” Socio-Economic Systems, 2019
    Co-Authors: Aleksei V. Bogoviz, Arthur V. Varlamov, Vitalii V. Mishchenko, Alexander A. Pochestnev, Yury L. Talismanov
    Abstract:

    Abstract Purpose The purpose of this chapter is to determine the essence of stagnating socio-Economic Systems through the prism of the theory of Economic conflicts. Methodology Comparative analysis of conceptual approaches to treatment of stagnation of socio-Economic Systems – the theory of cycles, the theory of Economic growth, and the theory of Economic conflicts – is performed. According to the theory of Economic conflicts, signs of stagnation of socio-Economic Systems are determined with the help of methods of horizontal and trend analysis. The research objects are leading developed countries (major advanced economies – G7), which, according to the existing scientific and Economic paradigm, should not stagnate, and countries of the Commonwealth of Independent States (CIS), which, in the contrary, may show signs of stagnation. The analyzed indicators are growth rate of GDP in constant prices, growth rate of GDP per capita in constant prices, and the level of unemployment rate. The research is performed in the period of post-crisis restoration of modern socio-Economic Systems, including the forecast period (2010–2022) based on the data of the International Monetary Fund. Conclusions As a result of the research, the essence of stagnation of socio-Economic Systems is determined, and the following characteristics are given: emergence after crisis, negative influence on economy, universal nature, and manageability. Originality/value The obtained conclusions show opposition of stagnation and sustainable development. Stagnation is absence of Economic growth and development, regardless of social and ecological costs of Economic activities. Contrary to it, sustainable development means stable Economic growth with low social and ecological costs of Economic activities. That’s why stagnation of economy is a negative phenomenon. Unlike crises, stagnation could and should be avoided with the help of the corresponding (anti-stagnation) measures of crisis management.

  • Sustainable Socio-Economic Systems
    “Conflict-Free” Socio-Economic Systems, 2019
    Co-Authors: Aleksei V. Bogoviz, Svetlana V. Lobova, Julia V. Ragulina, Alexander N. Alekseev
    Abstract:

    Abstract Purpose The purpose of the chapter is to determine the essence of sustainable socio-Economic Systems through the prism of Economic growth. Methodology The methods of econometric and regression analysis are used for determining the level of sustainability of development of Economic Systems in 2018 by comparing the values of the index of ecological effectiveness, calculated by the Yale Center for Environmental Law and Policy, and the index of socio-Economic development, calculated by the Legatum Institute. Also, coefficients of variation, which reflect per cent deviation of GDP per capita in current prices on average for 2006–2022 are calculated. The studied indicator is GDP per capita in current prices (calculated by the International Monetary Fund). The research objects are leading developed countries and countries of BRICS. Conclusions It is determined that more sustainable socio-Economic Systems of developed countries show higher stability of Economic growth during 2006–2018, and less sustainable socio-Economic Systems of developing countries develop in unstable way. However, the influence of sustainability on stability of economy is vivid. Originality/values The existing conceptual treatment of the essence of sustainable socio-Economic Systems is specified by substantiating that these Systems develop not only harmoniously in the aspect of balance of social, Economic, and ecological development but also in a stable way in the aspect of low volatility of GDP per capita in current prices. This treatment is interesting from the scientific and practical points of view for development and implementation of state policy in the sphere of managing sustainable development of economy.

  • The Basic Principles of “Conflict-free” Development of Socio-Economic Systems
    “Conflict-Free” Socio-Economic Systems, 2019
    Co-Authors: Aleksei V. Bogoviz, Svetlana V. Lobova, Julia V. Ragulina, Alexander N. Alekseev
    Abstract:

    Originality/value The offered principles allowed determining the landmarks of development of modern socio-Economic Systems that strive for “conflict-free” character. Based on these principles, it is possible to develop a fundamental platform for studying “conflict-free” socio-Economic Systems.

  • the essence of the processes of Economic growth of socio Economic Systems
    2018
    Co-Authors: Elena G. Popkova, Aleksei V. Bogoviz, Svetlana V. Lobova, Tatiana F Romanova
    Abstract:

    Economic growth is one of the basic parts of the modern Economic theory, as it reflects the targeted direction and dynamics of Economic Systems’ development.

  • Approaches to Managing Economic Growth of Socio-Economic Systems
    Management of Changes in Socio-Economic Systems, 2017
    Co-Authors: Aleksei V. Bogoviz, Anastasia A. Sozinova, Viktoria V. Ostrovskaya
    Abstract:

    Economic growth is considered to the most important goal of development of modern socio-Economic Systems, as it stimulates strengthening of their national currency and position in the world arena, develops employment, and increases living standards of the population. This determines the top-priority attitude of governments to the issues of managing Economic growth that occupy a central position in the system of socio-Economic policy of modern countries.