scholarly journals Wages Inequality in the Republic of Macedonia in a Post Crisis Period

ECONOMICS ◽  
2015 ◽  
Vol 3 (2) ◽  
pp. 19-26
Author(s):  
Predrag Trpeski
Keyword(s):  
Economic Growth ◽  
Economic Crisis ◽  
Gini Index ◽  
Eu Member States ◽  
Republic Of Macedonia ◽  
Eu Membership ◽  
World Economic ◽  
The Republic ◽  
The Lorenz Curve ◽  
World Economic Crisis

Abstract The aim of this paper is to show the distribution of net wages in the Republic of Macedonia and whether the great world economic crisis of 2008 has had an impact on the inequality in the distribution of wages. In this paper it is analyzed the level of inequality in the distribution of wages in Macedonia in 2008 as a year when the economic crisis started in the last quarter, in 2012 as the year in which GDP still has had a negative rate of economic growth and in 2014, when the economy maintained positive economic growth. In the three selected years the analysis is based on examination of the inequality in the distribution of the paid net wages. In the paper, the analysis of inequality in the distribution of net wages is based on determining the distribution of frequencies, constructing the Lorenz curve and the Gini index calculation. The results show that there is a quite expressed inequality in the distribution of net wages in Macedonia, whereas the estimated Gini index is 27.98 in 2008, 26.76 in 2012 and 25.88 in 2014. Thus, it should be kept in mind that the inequality in the distribution of total income is higher and in the analyzed period the Gini index is greater than 40. This points the fact that Macedonia has the highest inequality in the distribution of income compared to all EU member states and candidate countries for EU membership.

scholarly journals Accounting Aspects of Financing Healthcare from the Budget in the Republic of Serbia in the Time of the World Economic Crisis

2016 ◽  
Vol 2 (2) ◽  
pp. 220
Author(s):  
Ivan Milojević ◽  
Vladan Vladisavljević ◽  
Slavko Vukša
Keyword(s):  
Healthcare System ◽  
Economic Crisis ◽  
New World ◽  
Financial Institution ◽  
Economic Power ◽  
The World ◽  
World Economic ◽  
The Republic ◽  
Financial Base ◽  
World Economic Crisis

<p><em>Healthcare system funding represents one of the basic tasks of every modern state. Focusing on a financial institution such as the budget, we can represent the level of needs and possibilities to satisfy basic ones regarding establishment and functioning of the healthcare system.</em></p><p><em>Using statistical methods we will represent cause and effect relationship between certain elements of the healthcare system and their financial base in the economic power of the state in conditions of the new world economic crisis in the case of the Republic of Serbia. </em></p>

scholarly journals Indonesian Economy Leading to a Political Year and How Foreign Banks Can Play a Role in Development

2014 ◽  
Vol 2 (2) ◽  
pp. 121
Author(s):  
Kemal Aziz Stamboel
Keyword(s):  
Economic Growth ◽  
Financial Development ◽  
Economic Crisis ◽  
Structural Changes ◽  
Domestic Demand ◽  
Foreign Banks ◽  
The World ◽  
World Economic ◽  
Very High ◽  
World Economic Crisis

Recently, Indonesia’s economy records very high and stable economic growth. The growth is above 6 percent. Despite the world economic crisis, our economic growth is adequately resistant to turmoil from external crisis. The relatively high economic growth is mainly caused by high domestic demand, both from consumption and investment. The question is how foreign banks can play a role in development of Indonesian economy? In this notes, I discuss several challenges posed by structural changes in Indonesia as well as opportunities for foreign banks to play a role in Indonesian financial development. 

Strategy and Tactics of Monetary Policy during the World Economic Crisis

2010 ◽  
pp. 4-20 ◽  
Author(s):  
A. Nekipelov ◽  
M. Golovnin
Keyword(s):  
Monetary Policy ◽  
Economic Crisis ◽  
Exchange Rate Policy ◽  
Industrial Countries ◽  
Policy Goals ◽  
The World ◽  
Rate Policy ◽  
World Economic ◽  
World Economic Crisis ◽  
Qualitative Changes

The paper analyzes the qualitative changes in monetary policy goals and instruments during the world economic crisis of 2007-2009 in industrial countries and Russia; it represents the authors view on Russian monetary policy goals and results on different stages of crisis development. On the basis of the analysis the authors conclude on the necessity of active exchange rate policy in Russia, while developing interest rate instruments, and implementation of some exchange restrictions to prevent crisis contagion in the future.

World Economic Crisis as a Process of Substitution of Technological Modes

2009 ◽  
pp. 26-38 ◽  
Author(s):  
S. Glaziev
Keyword(s):  
Economic Crisis ◽  
Economic Activity ◽  
Sharp Increase ◽  
Energy Resources ◽  
Long Wave ◽  
The World ◽  
World Economic ◽  
Technological Mode ◽  
World Economic Crisis

The article analyzes fundamental reasons for the world economic crisis in the light of global technological shifts. It proves that it is caused by the substitution of technological modes. It is shown that sharp increase and slump in stock indices and prices for energy resources are typical of the process of technological substitution which occurs regularly according to the rhythm of long-wave fluctuations of the world economic activity. The article rationalizes a package of anti-crisis measures aimed at stimulating the new technological mode. Its structure and role of the locomotive factor of the new long wave of economic growth are revealed.

The World Economic Crisis and Transnational Corporations

2012 ◽  
Vol 11 (1) ◽  
pp. 168-181
Author(s):  
Jerry Harris
Keyword(s):  
Economic Crisis ◽  
State Intervention ◽  
Capitalist Class ◽  
Dominant Position ◽  
Global Character ◽  
The World ◽  
National Capital ◽  
World Economic ◽  
Bail Out ◽  
World Economic Crisis

Abstract Although the world economic crisis has slowed the flow of global investments and production, transnational capitalism has become more centralized through greater monopolization. We can trace this development in the auto industry with an examination of state intervention, transnational alliances and global competition. Far from developing a nation-centric recovery plan, the Obama bail-out deepens the auto industry’s global character. This example shows how the transnational capitalist class works through the State to strengthen its dominant position over national capital.

scholarly journals Insourcing as a New Trend in Global Business

2013 ◽  
Vol 5 (2) ◽  
pp. 7-24
Author(s):  
Jadwiga Chudzicka
Keyword(s):  
Economic Crisis ◽  
Global Economy ◽  
Global Business ◽  
Traditional Management ◽  
The World ◽  
Current Economic Situation ◽  
The Face ◽  
World Economic ◽  
Job Category ◽  
World Economic Crisis

AbstractIn the face of world economic crisis, it is worth considering ‘what changes in thinking are needed to revive the global economy?’ Traditional management methods have already lost much of their potential. Keeping the compliance of job category with human nature is an important factor supported by insourcing. The purpose of this study was to answer the question whether the current economic situation in the world is more profitable to firms sending domestic jobs overseas, or perhaps - in the end - it is better to use insourcing services, providing employment to workers in their home countries

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