Economic Structure and Reform of the Economic System

2019 ◽  
pp. 119-138
ĪQĀN ◽  
2021 ◽  
Vol 3 (01) ◽  
pp. 77-96
Author(s):  
Maria Ashraf ◽  
Dr. Abdul Rouf Zahid

Islam is a Religion in line with nature. It introduced its own economic system that up to the man’s needs and requirements. It contradicts the communism and capitalism and claims that Islamic economic structure guarantees the welfare of humanity. In this setup, the buyers and sellers are free to make their deals and every person has the equal opportunities to be a wealthy and prosperous trader. Muslims had implemented this system in their golden era and showed the benefits of this setup to world The basic question has been raised either state has authority to interfere the economic deals, why state is interested to involve or what would be the limits of their involvement.  In this paper Descriptive Method and Comparative Study are used to study the concept of interference of state in economic matters. This research paper is an effort to understand the Islamic point of view that to what extent the Islamic State can interfere in economic policies, according to the Islamic injunction. In this article, it has been elaborated that the State has the legal and ethical right to intervene the economic matters when hoarding usury and gambling is rampant.


Author(s):  
Firmansyah Firmansyah ◽  
Shanty Oktavilia

This study aims to analyze the Indonesia economic structure with employing the temporal Leontief inverse which was developed by Sonis and Hewings (1998) on 1975-2005 Indonesia’s input-output tables. In the first stage, this study investigates how the manufacturing industries in driving the Indonesian economy during structural changes. In the second stage, this study examines the structural changes of the manufacturing industries, which can explain the trends in individual industry balance in the context of the economic system. Based on the analysis, this study can trace how each year’s change contributes to the total impact in gross output change.


Author(s):  
Nazarova Charos Bahodir Qizi ◽  
◽  
Nazarova Gulchexra Nurmuxanbetovna ◽  

An economic system is a set of interrelated elements that make up a common economic structure. It is common to distinguish 4 types of economic structures: traditional economy, command economy, market economy and mixed economy. The following article discusses all the four types of an economic system.


2020 ◽  
Vol 2 (1) ◽  
pp. 381-390
Author(s):  
Erna Ermawati Chotim

Indonesia's financial situation is still less balanced between economic structure changes and labor absorption between sectors. Furthermore, it will have an impact on the welfare of the people in Indonesia. This study aims to 1) analyze the effect of changes in the economic structure on the structure of labor absorption and the welfare of the people in Indonesia, 2) to examine the impact of changes in the form of labor absorption on the interest of the people in Indonesia, and 3) to analyze the effect of changes in the economic system on labor absorption structures. Work in Indonesia. This study uses secondary data from Central Lampung Province and time-series data, namely the years 2012-2020. The results showed that the economic structure's variable changes had a negative and significant effect on the form of employment in Central Lampung. Changes in the financial system have no significant impact on the welfare of the people in Indonesia. The structure of work has a positive and significant effect on the people's welfare in Central Lampung. Changes in the economic system have an indirect and consequential negative impact on society's interest through Central Lampung's employment structure.


1980 ◽  
Vol 84 ◽  
pp. 727-736 ◽  
Author(s):  
Dong Fureng

The Chinese people are entering the eighth decade of the 20th century full of confidence and with a firm belief that they are moving towards the goal of modernization. In 1979, as the first of the battles for the realization of this goal, China put into practice the policy of “ readjustment, reform, rectification and improvement ” of the national economy. “ Readjustment ” means essentially changing the national economic structure and eliminating serious imbalance of ratios in order to remove obstacles to the further development of the national economy. “ Reform ” means chiefly reform of the economic system.


2004 ◽  
pp. 121-134 ◽  
Author(s):  
S. Avdasheva

The chapter of “Institutional Economics” textbook is devoted to the development of business-groups as a specific feature of industrial organization in the Russian economy. The main determinants of forming and functioning of business-groups such as allocation of property rights in Soviet enterprises, networks of directors and executive authorities in the Soviet economic system as well as import of new institutes and inefficient state enforcement are in the center of analysis. Origins, structure, organization and management within the groups and the role of shareholding and informal control rights are considered.


2009 ◽  
pp. 90-97 ◽  
Author(s):  
V. Burlachkov

The article discusses turbulence of economic processes as a result of relative velocities of economic system elements. It is underlined that turbulence is the property of macroeconomic dynamics. The main reason of turbulence in economic system is the discrepancy between the velocity of deals contracting and the velocity of obligations executing. The process approach to the analysis of economic system as a set of processes is proposed. Using Lorentz transformations for turbulence analysis is discussed.


2012 ◽  
pp. 145-152 ◽  
Author(s):  
V. Maevsky

The author claims that J. Kornai in his paper Innovation and Dynamism (Voprosy Ekonomiki. 2012. No 4) ignored the understanding of socialism as a specific type of culture and not just as an economic system. He also shows profound differences between Schumpeters theory and mainstream economic models. Evolutionary theory, he claims, may itself become mainstream if Schumpeters legacy is not interpreted straightforwardly and if evolutionary economists consider not only micro-, but also macro-level of analysis in studying macrogenerations of capital of a different age.


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