The Future of Economic Policy Making: A Functional and Social Exploratory Perspective

Dumitru Alexandru Bodislav, Luoana Florentina Pascu and Bogdan Pascu

International Journal of Academic Research in Business and Social Sciences, 2015, vol. 5, issue 2, 107-113

Abstract: The main goal of this paper is to highlight the exploration of a corporate path for obtaining sustainable economic growth through the private – public partnership principle. The basic hypothesis offers the idea of an integrated proactive governance system created to succeed by combining in emergent countries the synergic relation between government action and corporate governance. The niche objective of this research is using a governance algorithm from a corporation scaled to the dimension of a nationwide economy to generate on the long term sustainable economic growth by creating, maintaining and developing intra-horizontal competitive advantage. The sustainable evolution of an emergent economy could be framed in a corporate model, highlighting one of the ideas Joseph Schumpeter rounded in his academic research, the idea that a corporate model can better protect a nation, region or state union by decreasing the need of an intervention through government action and only by maintaining a connection between market’ needs and the private sector, having as result a smoother demand cyclicity.

Keywords: Business intelligence; corporate governance; economic policy; exploratory research; macroeconomics (search for similar items in EconPapers)
JEL-codes: E61 F47 I31 (search for similar items in EconPapers)
Date: 2015
References: View complete reference list from CitEc
Citations: View citations in EconPapers (6)

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Persistent link: https://EconPapers.repec.org/RePEc:hur:ijarbs:v:5:y:2015:i:2:p:107-113

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