scholarly journals KOOPERACIJA PRIEŠ RINKOS IR VALDŽIOS NESĖKMES, ARBA KAIP ANKSČIAU LAIKO SUKURTI GERĄ KAPITALIZMĄ

Problemos ◽  
2012 ◽  
Vol 82 ◽  
pp. 27-58 ◽  
Author(s):  
Zenonas Norkus
Keyword(s):  
Complete System ◽  
Market Failures ◽  
State Capitalism ◽  
Economic Role ◽  
The Third ◽  
Socialist Economic ◽  
Small Producers

Skiriama Tarptautiniams kooperatyvų metamsStraipsnyje nagrinėjamas kooperacijos sąjūdžio vaidmuo kapitalizmo raidoje. Nors šis procesas gali baigtis tobulo kapitalizmo sukūrimu, – jo vaizdą pateikia išsamios tobulai konkurencingų rinkų sistemos visuotinės pusiausvyros modelis neoklasikinėje ekonomikoje, kuris yra neoliberalios globalistinės politikos teorinio įkvėpimo šaltinis, – tikrajam kapitalizmui būdingos įvairios ydos, vadinamosios rinkos nesėkmės. Jų priežastys yra ne visų rinkų egzistavimas ir nepakankamas esamų rinkų išsivystymas, taip pat galios ir informacijos asimetrija realiose rinkose. Šių nesėkmių stebėjimas yra vienas iš geresnės alternatyvios ekonominės sistemos – socializmo – paieškų šaltinių. Du pagrindiniai socializmo modeliai yra dėl valdžios nesėkmių žlugęs valstybinis socializmas ir kooperatinis socializmas, kurį tik iš dalies (bet taip pat nesėkmingai) įgyvendino komunistinė Jugoslavija. Nors alternatyvios ekonomiškai pranašesnės už kapitalizmą ūkinės sistemos vizija yra utopinė, vartotojų, kredito ir vertikali gamybinė smulkiųjų gamintojų kooperacija gali geriau už valstybinį kapitalizmą neutralizuoti daugelį rinkos nesėkmių besivystančiose šalyse, kokia buvo ir tarpukario Lietuva. Pirmame straipsnio skirsnyje apžvelgiamos skirtingų ekonominės kooperacijos sričių institucijos, antrame analizuojamos kooperacijos sąjūdžio ideologinės doktrinos, trečiame lyginamos rinkos, valstybinės valdžios ir kooperacijos nesėkmės. Teigiama, kad stipri, nors ir klaidinga ideologija gali padėti sušvelninti kooperacijos nesėkmes – ištaisyti rinkos nesėkmes pasitelkiant valstybės remiamą kooperaciją. Ketvirtame skirsnyje šis teiginys iliustruojamas aptariant kooperacijos ekonominį vaidmenį tarpukario Lietuvoje, kur susiformavo savita periferinio kapitalizmo atmaina – valstybinis kooperatinis kapitalizmas.Pagrindiniai žodžiai: konkurencija, kooperacija, rinkos nesėkmės, valdžios nesėkmės, kooperacijos nesėkmės, kooperatinis socializmas, valstybinis kooperatinis kapitalizmas.Cooperation Against Market and Government Failures, or How to Build Good Capitalism Ahead of TimeZenonas NorkusSummaryThe paper discusses the role of the cooperation movement in the long-term development of capitalism. This process may end with the perfect capitalism as a complete system of perfectly competitive markets represented in the neoclassical general equilibrium model which is the theoretical source of inspiration for the neoliberal globalist policies. However, real capitalism is imperfect because of numerous market failures. Main causes of these failures are incompleteness and underdevelopment of markets, as well as power and informational asymmetries on the really existing markets. The observation of these imperfections is an inspiration source searching for an alternative and allegedly better socialist economic system. The two main models of socialism are state socialism, which has collapsed because of the massive government failures, and cooperative socialism, which was only partially realized in Communist Yugoslavia and also broke down. However, although the dream about the superior economic alternative to capitalism is an utopia, the consumer, credit and vertical production cooperation between small producers is superior to state capitalism in coping with market failures in the developing countries, interwar Lithuania (1918–1940) being an exemplary case for this statement. The first section of the paper provides the survey of the economic institutions of cooperation in various areas, the second one discusses the ideologies of cooperation movement. Then the comparison of the failures of market, government, and cooperation follows in the third section. Main conclusion is that strong (even if false) ideology can mitigate the failures of cooperation, empowering the cooperation movement helped by the state to correct market failures. In the concluding fourth section this statement is exemplified by the case study of the economic role of the cooperation movement in the interwar Lithuania, where this movement contributed to the building of a distinctive version of the peripheric capitalism – a state cooperative capitalism.Keywords: competition, cooperation, market failures, government failures, cooperation failures, cooperative socialism, state cooperative capitalism.

scholarly journals Blending in: A Case Study of Transitional Ambidexterity in the Financial Sector

2021 ◽  
Vol 13 (4) ◽  
pp. 1690
Author(s):  
Beniamino Callegari ◽  
Ranvir S. Rai
Keyword(s):  
Financial Sector ◽  
Economic Sustainability ◽  
Organizational Ambidexterity ◽  
Management Literature ◽  
Innovative Capabilities ◽  
Financial Firm ◽  
The Relationship

Organizational ambidexterity is widely recognized as necessary for the economic sustainability of firms operating in the financial sector. While the management literature has recognized several forms of ambidexterity, the relationship between them and their relative merits remain unclear. By studying a process of implementation of ambidextrous capabilities within a large Scandinavian financial firm, we explore the role of top-down reforms and bottom-up reactions in determining the development of sector-specific innovative capabilities. We find that blended ambidexterity follows naturally from the attempt to correct the tensions arising from harmonic ambidextrous blueprints. The resulting blended practice appears to be closely related to the reciprocal model of ambidexterity, which appears to be a necessity rather than a choice, for large firms attempting to develop innovative capabilities. Consequently, we suggest to re-interpret current taxonomies of ambidexterity not as alternative blueprints, but rather as stages in a long-term process of transition.

scholarly journals Sinabung volcano: how culture shapes community resilience

2019 ◽  
Vol 28 (3) ◽  
pp. 290-303
Author(s):  
Marta Mori ◽  
Ronan McDermott ◽  
Saut Sagala ◽  
Yasmina Wulandari
Keyword(s):  
Structured Interviews ◽  
Content Type ◽  
Aid Dependency ◽  
Relief Operations ◽  
Long Term Impact ◽  
Cultural Experts ◽  
Practical Implications

Purpose The purpose of this paper is to explore how culture, including traditions and social structures, can influence resilience and how culturally sensitive relief operations can put affected people and their context at the core of any interventions. Design/methodology/approach A case study of the Mt Sinabung volcano area in Indonesia was undertaken. As part of the case study, an analysis of interventions was conducted, which was complemented by semi-structured interviews with Karo cultural experts and humanitarian organisations. Findings Culture influences the manner in which the Karo people react to volcano eruptions with varying implications for recovery. In addition, relief organisations which understand people’s actions through a cultural lens have better managed to tailor programs with long-term impact, thereby avoiding aid dependency. Practical implications Practical examples of disaster management activities that adequately account for the beneficiaries’ way of living prior to the eruptions are provided. Aid actors are provided with guidance concerning how to better tailor their activities in line with a cultural lens. Originality/value The study provides empirical grounding for claims concerning the role of culture in planning interventions in Indonesia and other similar contexts.

A ROLE OF AYURVEDA IN THE MANAGEMENT OF APASMARA (EPILEPSY): A CASE STUDY

2021 ◽  
Vol 12 (4) ◽  
pp. 24-29
Author(s):  
Shruti . ◽  
C V Rajashekhar ◽  
Manjunatha Adiga
Keyword(s):  
Antiepileptic Drugs ◽  
Palliative Treatment ◽  
Cognitive Level ◽  
Frequent Seizure ◽  
Seizure Attack ◽  
Seizure Attacks

Apasmara (epilepsy) is defined as the apagama (deterioration) of smriti (memory) associated with bibhasta cheshta (seizures) due to derangement of dhi and satwa, mainly related to vata and rajo dosha vitiation, which effects both Sharira (body) and Mana (mind). The present antiepileptic drugs control the seizure attack, but long-term use generates adverse effect at cognitive level and leads to behavioral disorders, hence there is need of safe and effective treatment which not only controls seizure attack but helps to cure the disease. A 44-year-old man approached Kayachikitsa OPD with the complaints of frequent seizure attacks, since from at the age of one and half year with regular oral antiepileptic drugs medications (allopathic), the dose of medications increasing yearly and he was not satisfied with treatment, so he was advised with Panchakarma treatment starting from Deepana, Pachana, Vamana (medicated emesis), Virechana (medicated purgation), Basti (medicated enema), Shirodhara along with palliative treatment. After each treatment it was observed that the patient was satisfied with treatment and the complaints of seizure attack reduced in frequency and duration with improved quality of life. Palliative treatment was advised to continue along with modern medications.

scholarly journals Additional Benefits of Community Managed Forest: A Case Study of Champadevi Community Forest

2012 ◽  
Vol 12 ◽  
pp. 127-132
Author(s):  
Bhanu B Panthi
Keyword(s):  
Carbon Sequestration ◽  
Significant Contribution ◽  
Research Area ◽  
Environmental Benefits ◽  
Managed Forests ◽  
Managed Forest ◽  
Community Based

This research attempts to identify the existing condition of the community managed forest based on the assumption that it will serve as a proxy for the condition of other forests in the mid hills region of Nepal. The research area has an atypical variation in altitude and diverse pattern of vegetation. This study mainly focuses on estimating carbon content in the forest and identifying the species that has more carbon storage capacity. The research signifies the role of forests in mitigation of ‘Global warming’ and ‘Climate change’ by storing carbon in tree biomass. These types of community based forest management programs are significant for their additional carbon sequestration through the avoidance of deforestation and degradation. The carbon sequestration have a significant contribution to environmental benefits, any shrinkage of forests have an enormous impact on CO2 emission with long term consequences. Thus, the development and expansion of community managed forests provide many benefits to the adjacent community and globally at large.DOI: http://dx.doi.org/10.3126/njst.v12i0.6490 Nepal Journal of Science and Technology 12 (2011) 127-32 

scholarly journals Pick-Up Savings System to Improve the Financial Management Capabilities of Village Communities: Analysis of The Role of Village-Owned Enterprises

2022 ◽  
Vol 2 (3) ◽  
pp. 225-230
Author(s):  
Eka SISKAWATI ◽  
Meri YULIA ◽  
Zahara ZAHARA
Keyword(s):  
Financial Management ◽  
Village Community ◽  
Village Communities ◽  
Business Entities ◽  
Management Capabilities ◽  
The Village ◽  
Economic Institution

The business entity owned by the Village, as an economic institution at the village level, established to improve the economic welfare of the village community. One of the efforts made is to increase awareness behavior in saving. The behavior of villagers in saving  is often still short-term oriented, so most villagers have not been able to manage finances to anticipate their financial problems in the future. Therefore, research on the role of BUMDes as a village-scale economic institution in improving the financial management capabilities of the village community is very important to do. The purpose of this research is to find out how the role of business entities have    in improving the financial management capabilities of the community through  savings products with a savings pick-up system.  This research uses a qualitative approach with case study methods  in Village Owned Enterprises (BUMDes) Pakandangan Emas. Data collection techniques are conducted through interviews and observations in the field. This research found that Unit sharia savings business in BUMDes Pakandangan Emas can shape people's behavior  in long-term financial management. This behavior is formed mainly through a savings system that is directly picked up to the community.

The Role of Financial Communication Under the Chaos Environment

2019 ◽  
pp. 95-108
Author(s):  
Ipek Tamara Cetiner Öztürk
Keyword(s):  
Transportation Industry ◽  
Manufacturing Plants ◽  
Economic Decisions ◽  
Financial Communication ◽  
Turkish Family ◽  
Owned Company ◽  
The Arab Spring

As globalization becomes a necessity for organizations to continue their sustainability and existence in the world, naturally their interdependencies to other economies also emerge. After the 2008 economic crisis, TEMSA, a Turkish family-owned company operating in the transportation industry, decided to expand its products and manufacturing plants to different regions. Egypt, for the time being, was geographically a well strategic location for TEMSA's long-term manufacturing plans. In 2011, when the Arab Spring broke out, TEMSA found itself in the middle of chaos, challenged by external political and economic decisions. This chapter focuses on the case study of TEMSA Global as they entered the Egyptian market with a foreign direct investment and managing chaos between the years 2011-2012. An interview was conducted with the management team on duty at the time to collect data. As a result, it was observed that TEMSA potentially had a chance to continue its operations in the Egyptian market if the Arabian Spring had not happened. Chaos is a potential enemy for FDIs as they seek stability.

Financial Instruments and the Capital Markets

2019 ◽  
pp. 47-64
Author(s):  
Alan N. Rechtschaffen
Keyword(s):  
Capital Markets ◽  
Regulatory Compliance ◽  
Financial Instruments ◽  
Federal Regulation ◽  
Secondary Markets ◽  
Financial Transactions ◽  
Digital Assets

This chapter begins with a discussion on the capital markets. It compares primary and secondary markets, and long-term versus short-term marketplaces. This is followed by a case study on the auction rate securities (ARS) market. The second section discusses financial instruments, covering the types of financial instruments (equity-based financial instruments, debt-based financial instruments, derivatives, cryptocurrency and digital assets), and the distinction between debt and equity, and federal regulation. The final section deals with the role of the attorney. It discusses competent representation, the duty to advise the client, drafting financial instruments, regulatory compliance, and the issuance of opinion letters to clients regarding the implications of financial transactions.

Trajectories of Social Innovation

2019 ◽  
pp. 109-148
Author(s):  
Gudrun-Christine Schimpf ◽  
Georg Mildenberger ◽  
Susanne Giesecke ◽  
Attila Havas
Keyword(s):  
Social Networks ◽  
Social Housing ◽  
Social Innovation ◽  
Short Description ◽  
Social Innovations ◽  
Successful Innovation ◽  
Term Analysis

The chapter deals with the trajectory of social housing as a social innovation in European countries from the nineteenth century to the present. The long-term analysis of this comprehensive case study is guided by the Extended Social Grid Model (ESGM). Following a short description of seven different phases of social housing, the chapter turns to the role of social powers and the capability approach. All in all, the involvement of various actors and social networks in shaping a successful innovation becomes visible. Another important point is the insight that social innovations have to adjust to ever changing contexts du their trajectory. The analysis sheds light on supporting conditions of successful social innovations and reflects on the co-evolution of social and business innovations.

Unpacking the Resource Curse and Realism Challenges on Economic Development in the Democratic Republic of Congo (DRC)

2022 ◽  
pp. 318-336
Author(s):  
Germain Miteu Tshinu
Keyword(s):  
Economic Development ◽  
Democratic Republic Of Congo ◽  
Resource Curse ◽  
Mineral Resources ◽  
Qualitative Approach ◽  
Access To Education ◽  
Structured Interviews ◽  
The Third

The third theme of the book seeks to understand the role of mineral resources in the African continent's socio-economic development. The case study of the DRC is used to understand the role played by the state-owned mining company Gecamines to socio-economic conditions of employees and the country's development at large. Resource curse and realism theories are utilised in this case study to unpack the role of mineral resources to Gecamines employees' access to education and healthcare in particular and to the entire country in general. The chapter employed a case study design with a qualitative approach research in its endeavour of exploring Gecamines' socio-economic contribution to its employees. Semi-structured interviews were conducted with Gecamines' managers, unskilled mine workers, and the Provincial Department of Mines' officers.

Iran: Adversaries and Nuclear Reversal

2020 ◽  
pp. 152-179
Author(s):  
Rupal N. Mehta
Keyword(s):  
The United States ◽  
International Community ◽  
Window Of Opportunity ◽  
Study Analysis ◽  
Nuclear Program ◽  
Case Study Analysis ◽  
Comprehensive Plan

This chapter presents an in-depth case study analysis of the Iranian nuclear program from its inception to the country’s ultimate decision to renounce its nuclear ambitions in 2015. The chapter begins by examining the trajectory of the Iranian nuclear program and some of the initial attempts by the international community to persuade Iran to end it. Using archival and interview-based data, this analysis demonstrates the powerful role of inducements offered by the United States and other members of the international community, in conjunction with the election of President Rouhani, that provided a window of opportunity that ultimately led to the Joint Comprehensive Plan of Action (JCPOA). The chapter concludes with an update about the long-term viability of the Iran deal.

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