scholarly journals Transformation of Banking Law in Indonesia

2019 ◽  
Vol 19 (2) ◽  
pp. 429
Author(s):  
Gabrielia Febrianty Shofiana ◽  
Abd. Shomad ◽  
Rahadi Wasi Bintoro
Keyword(s):  
Organizational Structure ◽  
Market Economy ◽  
Rapid Growth ◽  
Legal Issues ◽  
Financial Industry ◽  
Economic Activities ◽  
Conceptual Approach ◽  
Market Economy System ◽  
Bank System ◽  
Economy System

Globalization development through the market economy system has created injustice for humankind,encouraging Muslims to implement the Sharia in their economic activities. The rapid growth of shariaeconomy in Indonesia, ultimately affects the financial industry, including the banking that implicatesregulation and organizational structure causing two banking systems, namely conventional banking andsharia banking. Based on the description, this paper discusses the national banking law that applies two rulesof law in Indonesia. To address these legal issues, conceptual approach, statutory approach and historicalapproach are used. Based on the analysis, since the enactment of Law Number 21 Year 2008 on Sharia Banking,the existence of sharia banking is getting stronger. Therefore, in Indonesia there is a dual bank system in onerule, namely banking law. Both banks are responsible to bank Indonesia as national central bank.Conventional banks may conduct business activities based on sharia principles, but not so for sharia banks.Keyword: conventional bank, sharia bank, sharia principles

scholarly journals Transfer of Ownership Title under Albanian Company Law

2015 ◽  
Vol 1 (1) ◽  
pp. 16
Author(s):  
Erjola Aliaj
Keyword(s):  
Economic Growth ◽  
Market Economy ◽  
Company Law ◽  
Economic Activities ◽  
Commercial Activity ◽  
Effective Mechanism ◽  
Legal Rules ◽  
Market Economy System ◽  
The One ◽  
Economy System

Commercial activity is the one of the most important aspects of the market economy system. The exercise of commercial activity is regulated by legal rules, which serve as guaranteess for an adequate, reliable and effective mechanism of the commercial activity and also create a favorable business and incentives climate for the development of economic activities, which directly affects the country's economic growth. The freely transfer of ownership title over the shares is an important element, which guarantees the financial rights of the respective owners. Shares as ownership titles can be transferred under conditions specified in Albanian Company law. In practice, during its implementation, were identified ambiguities and several difficulties in relation to the procedure for the transfer of ownership titles over the shares. Precisely, through this paper is provided an analysis of the procedure and identified problems and the possibility to clarify or suggest any potential solutions.

The Market Economy System and the Biological Crisis

2000 ◽  
Vol 6 (1) ◽  
pp. 125-129
Author(s):  
Panayotis Coumentakis
Keyword(s):  
Market Economy ◽  
Market Economy System ◽  
Economy System

scholarly journals Research on the Teaching Management Mode of Applied Undergraduate Talents in the New Situation

2020 ◽  
Vol 4 (10) ◽  
Author(s):  
Ying He
Keyword(s):  
Market Economy ◽  
Colleges And Universities ◽  
Management Mode ◽  
Teaching Management ◽  
New Era ◽  
Market Economy System ◽  
Comprehensive Literacy ◽  
New Situation ◽  
Economy System

Under the current market economy system, the market’s demand for application-oriented talents continues to increase, and the requirements for the comprehensive literacy and capabilities of talents are more stringent. In the new era, applied undergraduate colleges and universities must adapt to the changes in talent needs, and must do a good job of innovation in talent teaching management, optimizing the construction of curriculum teaching management mode, and promoting the realization of efficient talent training goals based on talent training goals and needs. In this regard, this article introduces the basic requirements of applied undergraduate talents under the new situation, analyzes the current basic status of talent teaching management in applied undergraduate colleges, and explores effective countermeasures for applied undergraduate talent teaching management under the new situation.

scholarly journals Price stability - major macroeconomic objective

2021 ◽  
pp. 72-75
Author(s):  
Grigore Duhlicher ◽  
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Market Economy ◽  
Basic Element ◽  
Price Stability ◽  
Major Objective ◽  
Economic Framework ◽  
Market Economy System ◽  
Governance Process ◽  
Economy System

Price is a basic element of the market economy system and has become a leading economic category, due to its functions within it. Ensuring price stability is a major objective of the governance process, as it contributes to creating a relatively stable economic framework that allows for economic development and ensuring a sustained level of economic growth. The global economic crises, in parallel with the regional political instability, aggravated by the devastating consequences of the pandemic situation, emphasize once again the importance of the dynamics of price developments on the macroeconomic situations of contemporary states.

Comparative Analysis of the Nature of the Firm: Institutional and Evolutionary Approaches

2015 ◽  
Vol 4 (1) ◽  
pp. 68-74
Author(s):  
Горяинова ◽  
L. Goryainova
Keyword(s):  
Comparative Analysis ◽  
Market Economy ◽  
Closed System ◽  
Theory Of The Firm ◽  
Open Market ◽  
Central Location ◽  
Market Economy System ◽  
Transnational Companies ◽  
Economy System

The author substantiates the methodological originality of the Penrose approach in comparison with the approach of Coase theory of the firm. The first part covers the basics of this opposition and the authors ‘ contribution to the theory of the firm. Draws attention to the fact that the Penrose theory is based on the separation of the concepts “information”and “knowledge” and justifying their role in the growth of the firm. Then a comparison of the two opposite perspectives offered by Coase and Penrose in the field of industry. It is suggested that the approach of Coase as a whole is a closed system with the Central location of the firm in this system; whereas, the Penrose approach provides for an open market economy system that became the basis for building a resource the concept of transnational companies (TNCs).

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