OVERHAUL OF NEOLIBERAL CAPITALISM IDEOLOGY - GIVE US BACK KEJNZA
Journal Title: Acta Economica - Year 2009, Vol 7, Issue 10
Abstract
The problem of financial crisis is in this paper first considered from the position of theoretical controversies. Thus already in the introductory part of the paper we expressed our personal view that the crisis is not accidental, or better to say that it rests on the views of a number of recognized theoreticians of economy, which served as a base on which the conceptual foundations of capitalism, and then also of its neoliberal concept were established. We also wanted to point to the complexity of the problem that business on the global scale faces today, and to justify the need for a radical turn in search for a new paradigm of functioning, whether of individual national economies or the world of business on the whole. In the end, we pointed to the potential danger that the financial crisis, which is gradually spreading towards the real sector of economy, will represent a special problem for small economies, where we in particular have in mind the countries in the negotiation phase of a possible accession to EU.
Authors and Affiliations
Анђелко С. Лојпур, PhD, Милан Лакићевић, PhD
Keywords
Related Articles
- EP ID EP43653
- DOI -
- Views 293
- Downloads 0
BOSNIA AND HERZEGOVINA’S BANKING SECTOR, DYNAMICS OF ITS PROFITABILITY COMPONENTS
Period from 2000 to 2005 saw a significant change in profitability of Bosnia and Herzegovina’s banking sector and its components. Indicator of operational efficiency, return on income (ROI) takes positive value for th...
Negative selection and moral hazard as causes to inefcient transition and tendency towards crisis in Bosnia and Herzegovina
Bosnia and Herzegovina (BiH) is facing the consequences of inefficient transition (1), strategic concentration of economic development in large countries to detriment of the small ones (2), and economic crisis (3). This...
USA EXPERIENCE IN DEVELOPMENT OF THE LESS DEVELOPED TERRITORIES BY RURAL POLICY MEASURES APPLICATION– SITUATION AND TRENDS
The United States are performing an authentic policy in development of the less developed areas. It has a character of a highly centralised activity led by the US Department of Agriculture (USDA). Along with that, the pr...
EUROPEAN MODEL OF AUTONOMY AS A BASE OF INTEGRATIONAL PROCESSES DEVELOPMENT IN THE SOUTH EAST EUROPE
European Union has intention to develop a project in order to motivate countries within the region which will adopt modern European principles for their own development of institutions. That is the way of their same and...
The use of conjoint analysis to review the attractiveness of credit conditions
The increase in aggregate demand is one of the primary goals of every economy. By achieving this goal, many positive effects in economy are also achieved which is manifested through increase in consumption, investment and...