Key Aspects Supporting Resilient Economic Systems

2021 ◽  
pp. 1-21
Author(s):  
Stefanie Beninger ◽  
Leila Rakib Ortega
Keyword(s):  
Economic Systems ◽  
Key Aspects

scholarly journals Intelectual and Creative Management Potential of Business Social and Economic Systems

2019 ◽  
Vol 8 (3C) ◽  
pp. 150-154
Keyword(s):  
Social Responsibility ◽  
System Approach ◽  
Economic Systems ◽  
Effective Management ◽  
The Sustainable Development ◽  
Efficient Management ◽  
Business Structures ◽  
Key Aspects ◽  
And Behavior

The system approach to the formation of the intellectual and creative management potential of business social and economic systems is substantiated in the article. The main meaningful components of the system approach as methodology of effective management of the sustainable development of business structures with social responsibility and innovative and creative potential have been emphasized. The system of factors considered while substantiating the criteria of the value of the efficient management of social and economic systems, on which the creation of models is based, has been formed. The main directions of the development of reaction types and behavior of social and economic systems have been substantiated. The key aspects of the system approach to the formation of management potential of social and economic systems have been discovered. The methods of determination of the synergy effect of realization of potential of social responsibility and intellectualization of the management of social and economic systems have been developed.

scholarly journals Lessons From South Korea’s Covid-19 Policy Response

2020 ◽  
Vol 50 (6-7) ◽  
pp. 801-808 ◽  
Author(s):  
Jongeun You
Keyword(s):  
Public Health ◽  
South Korea ◽  
Contact Tracing ◽  
Economic Systems ◽  
Health Administration ◽  
Public Administrators ◽  
Public Health Administration ◽  
Country Level ◽  
Korean And English ◽  
Key Aspects

In responding to the Covid-19 (SARS-CoV-2) pandemic, some government policies have been more effective in containing, suppressing, and mitigating the disease than others. Government leaders and public administrators can learn from other countries and adapt these lessons to their crisis management and public health systems. South Korea has emerged as a model to emulate in fighting the pandemic. While South Korea endured devastating early outbreaks, the country flattened the coronavirus curve without paralyzing the national health and economic systems. The author reviews South Korea’s public health policy approaches and the embedded context, by using documents and materials written in Korean and English, to learn how the country managed coronavirus from January through April 2020. The critical factors in South Korea’s public health administration and management that led to success include national infectious disease plans, collaboration with the private sector, stringent contact tracing, an adaptive health care system, and government-driven communication. This article also proposes some key aspects to be considered to transfer lessons from country-level responses in South Korea to other contexts.

Key Aspects Supporting Resilient Economic Systems

2021 ◽  
pp. 2067-2087
Author(s):  
Stefanie Beninger ◽  
Leila Rakib Ortega
Keyword(s):  
Economic Systems ◽  
Key Aspects

"Marketocentric" Economics Is Obsolete

2004 ◽  
pp. 36-49 ◽  
Author(s):  
A. Buzgalin ◽  
A. Kolganov
Keyword(s):  
Economic Theory ◽  
Middle Ages ◽  
Modern Science ◽  
Economic Systems ◽  
Main Mode ◽  
Post Market ◽  
Market Relations ◽  
Post Industrial ◽  
The 19Th Century ◽  
The Universe

The "marketocentric" economic theory is now dominating in modern science (similar to Ptolemeus geocentric model of the Universe in the Middle Ages). But market economy is only one of different types of economic systems which became the main mode of resources allocation and motivation only in the end of the 19th century. Authors point to the necessity of the analysis of both pre-market and post-market relations. Transition towards the post-industrial neoeconomy requires "Copernical revolution" in economic theory, rejection of marketocentric orientation, which has become now not only less fruitful, but also dogmatically dangerous, leading to the conservation and reproduction of "market fundamentalism".

Macroeconomic Equilibrium Theory in the Context of Methodological Problems of Contemporary Economic Science

2008 ◽  
pp. 77-88
Author(s):  
M. Likhachev
Keyword(s):  
Empirical Analysis ◽  
Equilibrium States ◽  
Equilibrium Theory ◽  
Economic Systems ◽  
Economic Science ◽  
The Real ◽  
Theoretical Status ◽  
Methodological Problems ◽  
Real Stability

The article is devoted to the analysis of methodological problems in using the conception of macroeconomic equilibrium in contemporary economics. The author considers theoretical status and relevance of equilibrium conception and discusses different areas and limits of applicability of the equilibrium theory. Special attention is paid to different epistemological criteria for this theory taking into account both empirical analysis of the real stability of economic systems and the problem of unobservability of equilibrium states.

Retrospective analysis of the resilience of Russian regions as socio-economic systems

2019 ◽  
pp. 46-64 ◽  
Author(s):  
Vladimir V. Klimanov ◽  
Sofiya М. Kazakova ◽  
Anna A. Mikhaylova
Keyword(s):  
Panel Data ◽  
Economic Systems ◽  
Financial Indicators ◽  
Russian Regions ◽  
Integral Index ◽  
Negative Effects ◽  
Economic Resilience ◽  
Correlation Dependence ◽  
The Impact ◽  
The Relationship

The article examines the impact of various socio-economic and financial indicators on the resilience of Russian regions. For each region, the integral index of resilience is calculated, and its correlation dependence with the selected indicators is revealed. The study confirms the relationship between fiscal resilience and socio-economic resilience of the regions. The analysis of panel data for 75 regions from 2007 to 2016 shows that there are significant differences in the dynamics of indicators in different periods. In particular, the degree of exposure to the negative effects of the crises of 2008—2009 and 2014—2015 in non-resilient regions is higher than in resilient ones.

The principles of duality in the light of the system economic theory

2019 ◽  
pp. 127-149
Author(s):  
George B. Kleiner
Keyword(s):  
Economic Theory ◽  
Economic System ◽  
External Environment ◽  
Black Box ◽  
Space Time ◽  
Production Cycle ◽  
Economic Systems ◽  
New Approach ◽  
Reproduction Cycle ◽  
Basic Concepts

This paper shows the diversity and significance of relations of duality among different economic systems. The composition of the principles underlying the system economic theory used for the analysis of duality in the economy is investigated. The concept of the economic system is clarified and the equivalence of three basic concepts of the economic system is shown: a) as a space-time volume (“black box”); b) as a complex of elements and connections among them; c) as a tetrad, including object, project, process and environment components. In a new way, the concept of the tetrad is revealed. The actual interpretation of the interrelationships of its components, based on the mechanisms of intersystem circulation of spatial and temporal resources and the transmission of abilities from one economic system to another, is proposed. On the basis of the obtained results, the most essential aspects of duality in the theory of economic systems are considered. It is shown that the interaction of internal content and the nearest external environment of economic systems lies in the nature of the relations of duality. A new approach to modeling the structure and to functioning of the economic system, based on the description of its activities in the form of two interconnected tetrads (the first tetrad reflects the intrasystem production cycle and the second one — the external realization-reproduction cycle) is put forward. It is shown that the concept of duality in a system economy creates prerequisites for adapting the functioning of local economic systems (objects, projects, etc.) in a market, administrative and functional environments and, as a result, harmonizing the economy as a whole.

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