Market, state and business in coordinates of the new economy

  • Received June 1, 2017;
    Accepted July 7, 2017;
    Published September 19, 2017
  • Author(s)
    Anatoliy Kolot
    ORCID Researcher ID ,
    Oksana Herasymenko
    ORCID Researcher ID
  • DOI
    http://dx.doi.org/10.21511/ppm.15(3).2017.07
  • Article Info
    Volume 15 2017, Issue #3, pp. 76-97
  • TO CITE АНОТАЦІЯ
  • Cited by
    7 articles
  • 1017 Views
  • 213 Downloads

Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License

The formation of the new economy, which is replacing the industrial economy and has a multi-vector dimension1, causes deep transformations in all spheres of social existence, leads to the emergence of new forms and methods for organizing interactions between institutions that function in the area of socio-economic development. The relevance of the study is caused by the necessity of theoretical and applied substantiation of the new subjective composition and network interaction of these institutions. The scientific and practical significance of the research is to substantiate the formation and development of modern institutions and to establish a new format for their interaction within the framework of the new economy. The results of the study are aimed at identifying the latest trends in the modernization of institutes’ functions in the triad “market – state – business”. The subject of the study is the theoretical and applied principles of the social phenomenon “market – state – business”. The methodological basis for achieving this goal is systematic and interdisciplinary approaches to the study of redistribution of roles among these institutions and the improvement of their interaction in the process of ensuring sustainable development. The purpose of the research is a scientific and theoretical substantiation of the new configuration of the social phenomenon “market – state – business”. The principal position of the authors is their belief that a new interpretation should be given if not to all, but to the majority of categories and concepts that reflect the phenomena and processes occurring in the chain “market – state – business”. There is a need for a new, unorthodox, unconventional understanding of most of the phenomena and processes associated with the functioning of the leading institutions of the economy and society. The article presents the authors’ view on the contemporary role of each of the mentioned institutions, their interaction in the process of ensuring sustainable development. Particular attention is paid to the substantiation of the transformation of functions of the state and business under the current conditions. The authors demonstrate that the contemporary role and place of the leading institutions, which have to ensure sustainable development, need a new understanding.

view full abstract hide full abstract
    • Table1. Social Expenditures in OECD Countries, % of GDP
    • Table 2. The structure of state expenditures in OECD countries according to functions, 2011, %
    • Are State-Owned Enterprises Emerging to Become Serious Competitors? News Blaze, 17.03.2012.
    • Bell, D. (1976). The Coming of Post-Industrial Society. New York: Basic Books, 507.
    • Bergin, E., Kuryaev, A. V. (Ed.). (2017). Великая революция идеи : возрождение свободных рынков после Великой депрессии [Velikaya revolutsiya idei: vozrozhdenie svobodnykh rynkov posle Velikoi depressii]. Moskva: Mysl, 328 p.
    • Budäus, D.; Grüb, B. (2008). Public Private Partnership. Wirtschaftswissenschaftliches Studium, Seite 586-590.
    • Christensen, B. (2001). Qualifikationsan for derungen und Arbeitsformen in der Neuen Okonomie. Kieler Arbeitspapier, 1081,60.
    • Coelho, P. (2008). Мактуб [Maktub]. Moskva: AST: Astrel, 292 p.
    • Crouch, C. (2011). Thestrangenon-deathofneoliberalism. Cambridge: Polity Press, 224
    • Darendorf, R. (1964). Недавние изменения в классовой структуре современной Европы [Nedavnie izmeneniya v klasovoi structure sovremennoi Evropy]. Moskva: Akademiya, 180 p.
    • Economics for the Curious (2014). In side the Minds of 12 Nobel Laureates. By Robert M. Solow (Editor). Chicago and London. The University of Chicago Press, 206.
    • Elianov, A. (1998). Государство в системе догоняющего развития [Gosudarstvo v sisteme dogoniauschego razvitiya]. MEiMO, 3, 60-63.
    • Fligstein, N. (2001). The Architecture of Markets: an Economic Sociology of Twenty-First-Century Capitalist Societies. Princeton, NJ: Princeton University Press, 274.
    • Florida, R. (2002). The Rise of the Creative Class. And How It's Transforming Work, Leisure, Community, and Everyday Life, 404.
    • Gates, B. (1996). Дорога в будущее [Doroga v buduschee]. Moskva: Izd. otd. “Rus. red.” TOO “Channel Trading Ltd.”, 312 p.
    • Grinberg, R. S. (2012). Свобода и справедливость. Российские соблазны ложного выбора [Svoboda i spravedlivost. Rossiyskie soblazny lozhnogo vybora]. Moskva: magistr: INFRA-M, 416 p.
    • Gritsenko, A. A. (2014). Искать адекватные ответы на вызовы информационно-сетевой экономики [Iskat adekvatnye otvety na vyzovy informatsionno-setevoi ekonomiki]. In Grinberg, R. S., Babkin, K. A., Buzgalin, A. V. (Eds.), Экономика для человека; социально-ориентированное развитие на основе прогресса реального сектора. Материалы Московского экономического форума [Ekonomika dlia cheloveka; sotsialno-orientirovannoe razvitie na osnove progressa realnogo sektora. Materialy Moskovskogo ekonomicheskogo foruma] (pp. 92-98). Moskva: Kulturnaya revolutsiya.
    • Halchynskyi, A. (2010). Економічна методологія. Логіка оновлення: курс лекцій [Ekonomichna metodolohiia. Lohika onovlennia: kurs lektsii]. Kyiv: ADEF – Ukraina, 566 p.
    • Hnybidenko, I. F., Kolot, A. M., Rohovyi, V. V. (Eds.), Novikov, O. F. et al. (2006). Соціальна безпека: теорія та українська практика : монографія [Sotsialna bezpeka: teoriia ta ukrainska praktyka]. Kyiv: KNEU, 292 p.
    • Hodson, W. (1993). Intellectual Capital. How to Build. It, Enhance It, Use It. N.Y.: John Wiley and Sons, Inc.
    • Kahn, H., Wiener, A. (1967). The Year 2000. A Framework for Speculation on the Next 33 Years. L., 431.
    • Kastels, M. (2000). Информационная эпоха: экономика, общество и культура [Informatsionnaya epokha: ekonomika, obschestvo i kultura]. Moskva: GU VSHE, 608 p.
    • Kheilbroner, R. (1973). Экономические проблемы постиндустриального общества [Ekonomicheskie problem postindustrialnogo obschestva]. Moskva, 205 p.
    • Klodt, H. (2003). Die neue Ökonomie: Erscheinungsformen, Ursachen und Auswirkungen. Eine Heinz Nixdorf Stud, 248 p.
    • Kolot, A. M. (2012). Asymmetries in Social Labour Sector Development: Manifestations, Causes and for Overcoming, Actual Problems of Economics, 6(132), pp. 205-211.
    • Kolot, A. M. (2011). Еволюція ролі держави та інструментарію її впливу на розвиток соціально-трудової сфери [Evolutsiia roli derzhavy ta instrumentariiu ii vplyvu na rozvytok sotsialno-trudovoi sfery]. In A. M. Kolot, Sotsialno-trudovi vidnosyny: teoriia ta praktyka. Zbirnyk naukovykh prats (pp. 122-142). Kyiv: KNEU.
    • Kolot, A. M. (2013). Корпоративна соціальна відповідальність: еволюція та розвиток теоретичних поглядів [Korporatyvna sotsialna vidpovidalnist: evolutsiia ta rozvytok teoretychnykh pohliadiv]. Ekonomichna teoriia, 4, 5-26.
    • Kolot, A. M. (2014). Розвиток наук про працю та соціально-трудові відносини на засадах міждисциплінарності [Rozvytok nauk pro pratsiu ta sotsialno-trudovi vidnosyny na zasadakh mizhdystsyplinarnosti]. Sotsialno-trudovi vidnosyny: teoriia ta praktyka, 1, 2, 7-27, 7-26.
    • Kolot, A. M. (Ed.), Hrishnova, O. A. et al. (2012). Соціальна відповідальність: теорія і практика розвитку: монографія [Sotsialna vidpovidalnist: teoriia i praktyka rozvytku] Kyiv: KNEU, 501 p.
    • Kolot, A. M., Gerasymenko, O. O., Poplavska, O. M. (2017). До формування нової моделі соціальної держави [Do formuvannia novoi modeli sotsialnoi derzhavy]. Ukraina: aspekty pratsi, 1-2, 3-15.
    • Kolot, A. M., Kravchuk, O. I. (2015). Людина і нова економіка: теоретико-методологічний аналіз взаємодії та домінант розвитку [Ludyna i nova ekonomika: teoretyko-metodolohichnyi analiz vzaemodii ta dominant rozvytku]. Ekonomichna teoriia, 1, 5-25.
    • Kolot, A. M., Poplavska, O. M. (2016). Держава і бізнес: новітні тенденції взаємодії та забезпечення стійкого розвитку [Derzhava i biznes: novitni tendetsii vzaiemodii ta zabezpechennia stiikoho rozvytku]. Sotsialno-trudovi vidnosyny: teoriia ta praktyka, 2, 8-15.
    • Kreibich, R. (1986).Die Wissenschaftsgeselsch von Galilei zur High-Tech-Revolution. Frankfurt am Main: Suhrkamp, 804.
    • Masahiko, A. (2010). Corporations in Evolving Diversity. Cognition, Governance, and Institutions. Oxford University Press, 232.
    • Mises, L. (1985). Omnipotent Government: The Rise of Total State and Total War. Libertarian Press, 291.
    • Mises, L. (2009). Socialism: an Economic and Sociological Analysis. Auburn, 596.
    • Niiniluoto, І. (2003). Philosophy in Finland – the Cultural Setting. Poznan Studies in the Philosophy of the Sciences and the Humanities. Analytic Philosophy in Finland, 80, 11-41.
    • Perkin, H. (1996). Third Revolution: Professional Elites in the Modern World. L.A., N. Y.: Routledge, 272.
    • Quiggin, J. (2012). Zombie Economics: How Dead Ideas Still Walk among Us, 288.
    • Reinert Erik, S. (2017). Спонтанный хаос. Экономика эпохи рецессии [Spontannyy khaos. Ekonomika epokhi retsessii]. Moskva: Politicheskaya entsyklopediya, 190 p.
    • Samuelson, Paul Anthony. (2010). Economics. Paul A. Samuelson, William D. Nordhaus, 19th, Boston : McGraw-Hill Irwin. The McGraw-Hill series economics, 403.
    • Schwab, K. (2015). Business in a Changing World: Stewarding the Future. Foreign Affairs. Tuesday, 06.01.2015.
    • Shaiken, H. (1985). Work Transformed. Automation and Labour in the Computer Age. N. Y.: Holt, Rinehart and Winston, 306.
    • Stigler, G. (1961). The Economics of Information. Journal of Political Economy, 69, 213-225.
    • Toffler, A. (1980). The Third Wave. NY : Morrow.
    • Toffler, E. (2008). Шок будущего [Shok buduschego]. Moskva: AST, 560 p.
    • Werner, H. (1999). Public Private Partnership Chapter Kommunal politik, 552-570.
    • World Investment Report, 2011, p. 30.
    • Zimenenkov, R. I., Zavyalova, E. B. (2016). Сотрудничество американского государства и бизнеса в решении социальных проблем [Sotrudnichestvo amerikanskogo gosudarstva i biznesa v reshenii sotsyalnykh problem]. США, Канада: экономика, политика, культура [SSHA, Kanada: ekonomika, politika, kultura], 2, 50-60.
Related Articles

  • Conceptualizing the determinants of ethical decision making in business organizations

    Fabian ZhillaORCID Researcher ID, Layal Abou DaherORCID Researcher ID, Cenk Lacin ArikanORCID Researcher ID, Moufid El-KhouryORCID Researcher ID doi: http://dx.doi.org/10.21511/ppm.16(4).2018.03
    Problems and Perspectives in Management Volume 16, 2018         Issue #4         pp. 30-41 Views: 2562 Downloads: 747 TO CITE АНОТАЦІЯ

    Understanding the role of the determinants of the ethical decision making in business organizations has become increasingly appealing to the field of business ethics. Various ethical decision making models put more emphasis on a narrow set of determinants. In concert with other contextual factors, these determinants appear to drive the ethical decision making in business organizations. However, in the literature there seems to be room for a more holistic set of determinants, which can explain effectively and holistically the diverse ethical rationales underlying the decision making more effectively. In this paper, the authors set out several ethical models and extract the predominant determinants. After portraying the main literature, the authors conclude that the most recent models are based on the first generation of ethical models, which tend to be more theoretical than empirical. They note the lack of empirical research in this area, which can be explained by both the nature and the intricateness of business ethics. They find that empirical analysis, when it exists, tends to focus on specific variables. The authors highlight at the end of the paper the need for integrative ethical models, which tackle not only the “how” but also the “why” of ethical decision making.

  • Transition to a new economy: transformation trends in the field of income and salary functions

    Olena GrishnovaORCID Researcher ID, Andriy CherkasovORCID Researcher ID, Olena BrintsevaORCID Researcher ID doi: http://dx.doi.org/10.21511/ppm.17(2).2019.02
    Problems and Perspectives in Management Volume 17, 2019         Issue #2         pp. 18-31 Views: 1399 Downloads: 249 TO CITE АНОТАЦІЯ

    The rapid spread of information technologies and other phenomena in the new economy causes significant changes in the social and employment spheres. The objective is mainly to analyze and systematize the peculiarities of labor and payment for it in the new economy. In this paper, the analytical grouping method for characterizing salary functions, as well as changes in the social and labor sphere that take place in the new economy, correlation-regression analysis to determine the relationship between average income and factors affecting its level are used. The results of the paper show three important findings. Firstly, the gradual changes in the content of labor and forms of its organization that happen in modern conditions under the influence of dissemination of information and communication technologies require new approaches to income adjustment, management of employment of the population, development of professional education system. Secondly, the authors also found that the fair employee compensation, ensuring productive employment in modern conditions, is a challenge not only of the national, but also of international scale. Thirdly, the prospective directions of reducing inequality and social tension in society are the guarantee of the basic unconditional income, progressive tax on all types of income, reduction of the length of working time while maintaining payments and improving productivity. In addition to avoiding social dangers, it would be a proactive progressive function of expanding human development opportunities.

  • Managing the sustainability of economic system as the basis of investment development in Ukraine

    Serhii KozlovskyiORCID Researcher ID, Illya KhadzhynovORCID , Ivan Vlasenko , Liliya MarynchakORCID doi: http://dx.doi.org/10.21511/imfi.14(4).2017.06
    Investment Management and Financial Innovations Volume 14, 2017         Issue #4         pp. 50-59 Views: 1136 Downloads: 197 TO CITE АНОТАЦІЯ

    Nowadays, studying the categories of “economic sustainability”, “economic sustainability management” and the peculiarities of these concepts is especially relevant. Their use would provide an opportunity to ensure the sustainable and most effective functioning of the subject of economic relations in the current period of time, as well as to create a high potential for its development and ensuring the conditions for investing capital in the Ukrainian economy. All this determined the purpose of this study, which consists in the analysis of the theory and essence of the economic sustainability concept, the interpretation of the concept of “economic sustainability of the system” and the concept of “management of economic sustainability of the system”, distinguishing factors affecting the sustainability of the Ukrainian economic system, determining the relationship of economic sustainability with economic security, investing as well as forecasting the level of the Ukrainian economy sustainability based on the innovative modeling methods. The object of the research is to develop the theory of the “economic sustainability” concept and to determine the level of economic sustainability of the economy aimed at raising the investment climate in Ukraine. To ensure the development, security and investment attractiveness of the Ukrainian economy, an organizational structure of the management model for the sustainability of the Ukrainian economic system was developed using the developed economic and mathematical model.

Download Preview
Close
Problems and Perspectives in Management
Problems and Perspectives in Management