Péter Ákos Bod

Institutions of Economic Policy

A Comparative Analysis

Economy must be imbedded in society, in nature, and in global space

Economic activity is a vital aspect of human life – it is one aspect among many others. Economy is a somewhat autonomous subsystem of the whole, but it is not separated from it, and it should never be. Economy must be imbedded, to use a term from sociology. Some economists and businesspeople seem to forget about this, and they regard the economy with its rules, institutions, and values as superior vis-à-vis other aspects of life, and thus they demand special treatment for economic interests. But this is a blatant act of “economic imperialism”. The neglect of the natural environment and insensitivity to local culture and values will follow from this kind of an ideology.

Tartalomjegyzék

Kiadó: Akadémiai Kiadó

Online megjelenés éve: 2020

ISBN: 978 963 059 970 2

Gazdaság

The reader is introduced to the purpose, structure, and organizational features of the most important institutions of market economy, such as the Treasury (Ministry of Finance), central (national) bank, bodies responsible for structural changes, supervision of competition, and regulators of strategic industries. The focus of the book is on open trade dependent states, with particular emphasis new member states of the European Union where the institutional order has been shaped by legacies of previous era as well as by policy transfer and policy advice through membership in EU, OECD, IMF and other international institutions. The bulk of the book deals with the comprehensive analysis of institutions of fiscal, monetary, competition, social, spatial policies, and with the emerging trends of new practices.

Hivatkozás: https://mersz.hu/bod-institutions-of-economic-policy//

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