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This paper analytically compares the theoretical foundations of major economic systems i.e. Capitalism, Socialism …, Mixed economy (a hybrid of Capitalism and Socialism) and the Islamic economic system. The research identifies that lack of … features present in Capitalism i.e. right to private property, private pursuit of economic interest and use of market forces …
Persistent link: https://www.econbiz.de/10011109503
In this paper, the authors show that capitalism and double-entry bookkeeping are not indissociably interconnected as …
Persistent link: https://www.econbiz.de/10005011578
The purpose of this paper is to suggest a standard method of measurement for social capital. Various <p> authors have investigated the influence of social capital on economic growth but still social capital has <p> not been measured in any satisfactory way. So far, each survey has used its own ad hoc...</p></p>
Persistent link: https://www.econbiz.de/10005652457
Random samples of the Moscow and New York populations were compared in their attitudes towards free markets by administering identical telephone interviews in the two countries in May, 1990. Although the Soviet respondents were somewhat less likely to accept exchange of money as a solution to...
Persistent link: https://www.econbiz.de/10005634715
This paper compares the fundamental postulates of major economic systems i.e. Capitalism, Socialism, Mixed economy (a … hybrid of Capitalism and Socialism) and the Islamic economic system. It identifies through a review of theoretical economics … system are the major problematic issues in Capitalism against which mixed economy has also shown limited effectiveness …
Persistent link: https://www.econbiz.de/10008497696
century: the fall of Communism and the rise of globalization. Delving into the economic change that accompanied these shifts … of FDI as an integral part of their market transition. The inflows of foreign capital after the collapse of Communism … decade following the collapse of Communism in 1989, the book reveals how social forces not only constrain economic …
Persistent link: https://www.econbiz.de/10005696673
This paper aims to explain the rise and fall of communism by exploring the interplay between economic incentives and …, and back to restoring market incentives. The grand experiment of communism is thus characterized to have led to the …
Persistent link: https://www.econbiz.de/10009204964
This paper aims to explain the rise and fall of communism by exploring the interplay between economic incentives and …, and back to restoring market incentives. The grand experiment of communism is thus characterized to have led to the …
Persistent link: https://www.econbiz.de/10009246553
This paper aims to explain the rise and fall of communism by exploring the interplay between economic incentives and …, and back to restoring market incentives. The grand experiment of communism is thus characterized to have led to the …
Persistent link: https://www.econbiz.de/10009320986
Social capital, measured as the level of trustamong people, may be regarded as a newproduction factor alongside the traditionalones of human and physical capital. Withappropriate levels of social capital,monitoring and transaction costs can be savedand thus economic growth stimulated. Vialinking...
Persistent link: https://www.econbiz.de/10010634544