Market conforming institutions are a precondition for a thriving and stable economy. This is the upshot of the Washington consensus or, of somewhat earlier origin, the "Eucken hypothesis" Another hypothesis of Eucken has it that market conforming institutions are the product of a strong state....

В статье анализируется экономическая политика государства в условиях формирования рыночного хозяйственного порядка. Исследуется мировая практика создания...

The international financial and monetary crisis has blocked the financial flows of emerging economies (and not only), resulting in a significant restraint of their economic activity. Moreover, the positions of these states have changed; thus, if during the latest 10-12 years, economists considered...

Prospects for the further civilizational development and success of Polandhave their source in the characteristics, quality, and dimensions of Poland's socio-economic potential, which still remains inadequately used. The progress made during the over twenty-year long transformation of the...

This paper explores the origin and development of the consumer choice paradigm as the core concept of German ordoliberal thought which has had a strong impact on EU competition policy and law. Outside Germany, ordoliberal thought is often identified exclusively with the learning of the original...

As a result to today?s uncertain economy, companies are searching for alternative ways to stay competitive. In which, Company XYZ has been faced with an ineffective forecasting method that has lead to multiple product stock outs. The issue faced has caused sales loss as well as profit loss,...

The paper analyses the effects of the monetary policy crisis management of the European Central Bank on the economic order of Germany. It is argued that in post-war Europe the German social market economy as designed by Eucken (1952) and Müller-Armack (1966) has been a core element of growth,...

Purpose – The purpose of this paper is to understand why the neo-Thomist natural law approach to social economics does not represent a trustworthy epistemological reference for the current social economists but, rather, definitively belongs to the past history of economics....

Purpose – This paper aims to study the problems faced by microfinance institutions (MFIs) and relates it with Al-Tawhid to see the solutions. Design/methodology/approach – An exploratory method was used to examine various literature that discuss MFIs, the challenge issues growing in tandem...

The economic efficiency of entrepreneurship was analyzed by theories on economic growth, production and human order. In order to achieve economic development the entrepreneur must constantly make new combinations or innovative processes that represent optimal responses to a globalized...