THE ROLE OF GOVERNMENT IN THE ECONOMY

1997 ◽  
Vol 14 (2) ◽  
pp. 155-171
Author(s):  
Muhammad Akram Khan
Keyword(s):  
Market Economy ◽  
Government Regulation ◽  
Structural Changes ◽  
Free Market ◽  
Free Market Economy ◽  
Business Organizations ◽  
Role Of Government ◽  
The Status ◽  
Effective Role

IntroductionThe recent past has seen fundamental changes in the government’srole in the economy. With the defeat of socialism and the worldwideonslaught of privatization, a new scenario is emerging. The direct roleof government is shrinking and its indirect role is increasing. Arguably,privatization does not necessarily mean “no government,” but rather“better government.” As a result, the following new issues are emerging:What is the extent and nature of government regulation in theeconomy? How can government play an effective role in the redistributionof economic power and still keep the free market economy undisturbed?What structural changes are necessary to protect the publicinterest? How can government itself be regulated? How can we preventgovernment from becoming an instrument of injustice and tyranny?The present paper seeks to discuss these questions from the Islamicperspective.Need for GovernmentWe need government to provide the fundamental legal and socialframework for a free market economy. This framework implies necessarylaws that define the property and other rights, enforce contracts,and describe the status and form of various business organizations. Weneed government to define the rules of the game. Through legislationthe government acts as a referee and forbids foul play. It prohibitscheating and the sale of adulterated foods and drugs; it establishes ...

KEGAGALAN PRIVATISASI BUMN DI ERA REZIM ORDE BARU DALAM PERSPEKTIF EKONOMI POLITIK

Wacana Publik ◽  
2019 ◽  
Vol 12 (02) ◽  
Author(s):  
Syamsul Ma'arif
Keyword(s):  
Market Economy ◽  
Free Market ◽  
Dominant Role ◽  
The State ◽  
Early Years ◽  
New Order ◽  
Free Market Economy ◽  
Economic Sectors ◽  
Role Of The State

After had being carried out nationalization and hostility against west countries, the New Order regime made important decision to change Indonesia economic direction from etatism system to free market economy. A set of policies were taken in order private sector could play major role in economic. However, when another economic sectors were reformed substantially, effords to reform the State Owned Enterprises had failed. The State Owned Enterprise, in fact, remained to play dominant role like early years of guided democracy era. Role of the State Owned Enterprises was more and more powerfull). The main problem of reforms finally lied on reality that vested interest of bureaucrats (civil or military) was so large that could’nt been overcome. 

The transition of housing in Albania and the role of adopted practices. Dynamics of social integration in differentiated urban contexts

2021 ◽  
pp. 100-117
Author(s):  
Fereniki Vatavali
Keyword(s):  
Social Integration ◽  
Market Economy ◽  
Free Market ◽  
Housing Sector ◽  
Free Market Economy ◽  
Main Argument ◽  
Housing Production ◽  
Urban Dynamics ◽  
Urban Contexts

This article aims to investigate the transition of housing in Albania from a centrally planned to a free-market economy, by studying practices adopted in housing production. The main argument is that, despite differentiations in urban dynamics, housing sector plays an important role in social integration processes in the post-socialist context and, at the same time, poses crucial questions about the future of Albanian cities.

Neoconservative Catholicism in the United States

2018 ◽  
Author(s):  
Matthew A. Shadle
Keyword(s):  
Market Economy ◽  
Political Institutions ◽  
Free Market ◽  
The United States ◽  
Free Market Economy ◽  
Democratic Capitalism ◽  
The Social ◽  
Human Creativity ◽  
The Us

This chapter looks at neoconservative Catholicism, and in particular the work of Michael Novak. Neoconservative Catholics were critical of both progressive Catholics and the US Catholic bishops for not recognizing the benefits of the free-market economy. In his work, Novak provides a defense of what he calls democratic capitalism, consisting in a free-market economy, democratic political institutions, and a pluralistic culture. Novak offers a Catholic justification of democratic capitalism, appealing to human creativity and the social bonds created through commerce. The chapter also considers criticisms of Novak’s work, looking at issues such as the role of institutions and structures in the economy and the relationship between human creativity and the call to be a disciple of Jesus Christ.

Reforming the Role of the African Commission on Human and Peoples’ Rights in Advancing Democratic Principles and Human Rights in African Countries: An Examination Using the Lens of Swaziland/ eSwatini

2019 ◽  
Vol 34 (2) ◽  
Author(s):  
Jeremy Sarkin
Keyword(s):  
Human Rights ◽  
African Countries ◽  
Individual Country ◽  
The Status ◽  
Effective Role ◽  
Limited Compliance ◽  
Fact Finding ◽  
Democratic Principles ◽  
African Commission

This article explores the role of the African Commission on Human and Peoples’ Rights and the role it plays regarding human rights in individual country situations in Africa. It specifically examines the extent to which it has been able to advance a human rights agenda in countries with long-standing human rights problems. The article uses Swaziland/ eSwatini as a lens to examine the matter, because of the longstanding problems that exist in that country. This is done to indicate how the institution works over time on a country’s human rights problems. The article examines a range of institutional structural matters to establish how these issues affect the role of the Commission in its work. The article examines the way in which the Commission uses its various tools, including its communications, the state reporting processes, fact-finding visits, and resolutions, to determine whether those tools are being used effectively. The article examines how the Commission’s processes issues also affect it work. Issues examined negatively affecting the Commission are examined, including problems with the status of its resolutions and communications, limited compliance with its outcomes, and inadequate state cooperation. Reforms necessary to enhance to role and functions of the Commission are surveyed to determine how the institution could become more effective. The African Union’s (AU|) Kagame Report on AU reform is briefly reviewed to examine the limited view and focus of AU reform processes and why AU reform ought to focus on enhancing human rights compliance. The article makes various suggestions on necessary institutional reforms but also as far as the African Commission’s procedures and methods of work to allow it to have a far more effective role in the promotion and protection of human rights on the continent. It is noted that political will by the AU and African states is the largest obstacle to giving the Commission the necessary independence, support and assistance that it needs to play the role in Africa that it should.

Determinanty wewnętrzne polityki zagranicznej Ukrainy pod rządami Wołodymyra Zełenskiego

2019 ◽  
Vol 17 (1) ◽  
pp. 123-141
Author(s):  
Tomasz Stępniewski
Keyword(s):  
Market Economy ◽  
Rule Of Law ◽  
Political System ◽  
Free Market ◽  
Stable State ◽  
Free Market Economy ◽  
The Rule Of Law ◽  
The People ◽  
Internal Politics ◽  
Research Questions

The present paper discusses the following research questions: to what extent did errors made by the previous presidents of Ukraine result in the country’s failure to introduce systemic reforms (e.g. combating corruption, the development of a foundation for a stable state under the rule of law and free-market economy)?; can it be ventured that the lack of radical reforms along with errors in the internal politics of Ukraine under Petro Poroshenko resulted in the president’s failure?; will the strong vote of confidence given to Volodymyr Zelensky and the Servant of the People party exact systemic reforms in Ukraine?; or will Volodymyr Zelensky merely become an element of the oligarchic political system in Ukraine?

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