The Experts below are selected from a list of 458151 Experts worldwide ranked by ideXlab platform
Dirk Sauerland - One of the best experts on this subject based on the ideXlab platform.
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germany s social Market Economy a blueprint for latin american countries
Social Science Research Network, 2015Co-Authors: Dirk SauerlandAbstract:Whereas the debate about capitalism vs. socialism seems to have come to an end, the current discussion is more about which kind of Market Economy ensures a positive economic and social development in a country. The ongoing economic and financial crisis fueled this discussion about successful economic systems, especially in Europe.In the light of the above discussion two different kinds of liberal institutional concepts have regained attention. Modern institutional concepts on the one hand focus primarily on the workability of competition based Market economies. Particularly economic freedom, measured in different areas, plays an important role in these liberal Market concepts.On the other hand also an old institutional concept has regained attention. It is the German ordoliberal social Market concept which – presumably – helped Germany (and also Austria) to cope with the current crisis in an effective and humane way.Facing two different liberal institutional concepts two questions arise: Firstly, what are the differences and similarities of the two concepts? Secondly, can the ordoliberal social Market Economy concept become an alternative to the prevailing liberal Market Economy concepts put forward by international organizations like the OECD? Can it become a blueprint for Latin American countries looking for reform options to improve the economic situation of their citizens?To answer these questions, institutional footprints of Germany and the United States are compared to those of Argentina, Brazil, Chile, Mexico, Turkey and Venezuela.
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germany s social Market Economy a blueprint for latin american countries
Wittener Diskussionspapiere zu alten und neuen Fragen der Wirtschaftswissenschaft, 2015Co-Authors: Dirk SauerlandAbstract:[Introduction ...] This paper tries to answer these questions taking five steps of argumentation. Firstly, the paper briefly sketches the theoretical and empirical background of the modern liberal Market Economy concept. Secondly, it outlines in more detail the basic ideas of the ordoliberal social Market Economy concept and some modern amendments to this concept based on institutional economics’ ideas. Thirdly, the paper compares the two concepts and it uses institutional data to describe two prototypes of economies based on those concepts of the United States and Germany. Fourthly, the same databases are used to describe the institutional status quo in five Latin American countries. The fifth and last step of the argumentation discusses the limitations of a simple blueprint idea with regards to economic orders. The paper ends with conclusions on options and limits of taking the liberal or the social Market Economy concept as a blueprint for Latin American countries.
Karl E Kurten - One of the best experts on this subject based on the ideXlab platform.
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bose einstein distribution of money in a free Market Economy ii
EPL, 2011Co-Authors: Karl E Kurten, F V KusmartsevAbstract:We argue about the application of methods of statistical mechanics to free Economy (Kusmartsev F. V., Phys. Lett. A, 375 (2011) 966) and find that the most general distribution of money or income in a free-Market Economy has a general Bose-Einstein distribution form. Therewith the Market is described by three parameters: temperature, chemical potential and the space dimensionality. Numerical simulations and a detailed analysis of a generic model confirm this finding.
Andrzej K. Kozminski - One of the best experts on this subject based on the ideXlab platform.
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consumers in transition from the centrally planned Economy to the Market Economy
Journal of Consumer Policy, 1991Co-Authors: Andrzej K. KozminskiAbstract:The article describes the development of consumption and the key consumer policy issues which stem from the transition of Central and East European economies from regimes of central planning to those of Market Economy. The author analyzes the role of the consumers in the evolution of the communist economies. His conclusion is that maintaining consumption at or below subsistence level (massive starvation was common) was one of the major sources of financing the USSR “socialist industrialization” under Stalin. This was not possible in the East European “people's democracies” and, after Stalin's death, in the USSR. “Repressed inflation” (permanent shortages of consumption goods) and foreign debt became new sources of financing growth in the later stages of the development of the communist economies, a development which caused a permanent disequilibrium leading to negative economic growth and massive popular revolt. The transition to the Market Economy makes it necessary to address these disequilibrium problems. Two transition strategies are discussed: gradual transition and “shock treatment” therapy. These strategies give rise to different consumer problems and to different sets of issues facing the consumer movement.
F V Kusmartsev - One of the best experts on this subject based on the ideXlab platform.
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bose einstein distribution of money in a free Market Economy ii
EPL, 2011Co-Authors: Karl E Kurten, F V KusmartsevAbstract:We argue about the application of methods of statistical mechanics to free Economy (Kusmartsev F. V., Phys. Lett. A, 375 (2011) 966) and find that the most general distribution of money or income in a free-Market Economy has a general Bose-Einstein distribution form. Therewith the Market is described by three parameters: temperature, chemical potential and the space dimensionality. Numerical simulations and a detailed analysis of a generic model confirm this finding.
Ekrem Tatoglu - One of the best experts on this subject based on the ideXlab platform.
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an exploratory study of internet adoption by smes in an emerging Market Economy
European Business Review, 2003Co-Authors: Veysel Kula, Ekrem TatogluAbstract:This paper investigates the nature and extent of Internet use and the role of firm‐ and industry‐specific factors affecting Internet adoption by SMEs in an emerging Market Economy, Turkey. Based on the evidence from a sample of 237 manufacturing SMEs with Internet access in Turkey, the highest ranked Internet applications with the largest frequency of usage were found to be principally concerned with external communication and gathering information for Market and product research. Of the five relevant firm‐ and industry‐specific subgroups, the most significant differences were found for two of the characteristics: amount of resources allocated for export development and international experience of the SME. In general, the SMEs have positive attitudes regarding Internet use. The SMEs are of the opinion that the Internet will become more attractive in future in terms of enhancing company image and being an important tool of doing business electronically.
