Efficiency as the universal development goal: from an individual to a national economy

D. Sandler
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D. Sandler: ОАО URSA BANK

Journal of Modern Competition, 2008, issue 6, 70-80

Abstract: Efficiency is objectively regarded as the main concept and universal development goal private businesses and regions as a whole (taken as business entities) have. It is especially important to regard it as such if we consider the consistent competitiveness development in the medium and short term. After the research has been finished, the article author has come to the following all-encompassing conclusion: it is the efficiency that can ensure the synergies on different levels - from the national economy level to a regional level or the level of an enterprise or an individual if the efficiency is regarded as THE goal, THE ideology and THE indicator.

Date: 2008
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