The purpose of this article is to examine the different possible paths the Pakistan People’s Party could take following its coming into power in December 1971. For this purpose the paper examines the economic and political forces that were operating in the country at that time, the main...

This article presents a theoretical model for a dynamic system based on sustainable development. Due to the relatively absence of theoretical studies and practical issues in the area of sustainable development, Romania aspires to the principles of sustainable development. Based on the concept as...

By combining the general characteristics of economic system and economic agents with methodologies of multi-agent system analysis and development in the scope of software engineering and computer science, this work proposes an integrative framework that provides standardization for agent-based...

Article on the use of system analysis methodology for modeling socio-economic processes. The author justifies the methodological approach, based on dynamic analysis of exogenous processes in economic and social management practices. Particular attention is paid to the use of index indicators...

Markets have been treating money as another commodity, trading it, speculating on its value and finding innovative ways to multiply its supply. In it's current form, it has lost it's power to regulate anything at all in the markets, including demand and supply. Combined with profit motives, it...

Article on the use of systems analysis indexes that are based on the basic relations of the theory of self-organization. The author substantiates the thesis of the universal nature of laws, reflecting the effectiveness of competitive adaptation of economic systems in the environment.

This paper examines the implications for African economies of the possible outcomes from the ongoing agriculture negotiations in the Doha Round. The paper defines scenarios that capture key elements of the modalities negotiations and undertakes simulations using a global dynamic general...

This paper discusses Islamic principles and how they can help in achieving efficiency along with equity in a market system. We start with the concept of ‘human welfare’ in Islam and show how it is distinct from the concept of welfare in western social sciences. The difference comes from the...

Question 1 begins by discussing an area of subjectivism where most economists agree: Is economic value subjective? This area differentiates most modern economists from classical economists and many non-economists. Question 2 probes an area where many but not all economists agree: Are costs...

Islamic finance industry mostly uses LIBOR linked financial contracts which are akin to debt financing than the more preferable participatory modes of Mudarabah and Musharakah. As per the current orthodox understanding and practice of Islamic finance, the often cited preferable modes like...