Market economy: current trends

Authors: Naydis I.O.
Published in issue: #12(17)/2017
DOI: 10.18698/2541-8009-2017-12-214
Category: Economics and Production Organization
Keywords: market economy, non-material economy, necessary and sufficient elements of market economy, principles of sustainable development
Published: 29.11.2017

In this paper market economy is introduced as a system, necessary and sufficient elements of which, namely 7 variables, are analyzed. These variables are: the institute of private property, based on factors of production, free motion of production factors domestically and abroad the country, price mechanism, limited state intervention in the economy, development of competition institute, creation of the regulatory framework, formation of a model of a socially responsible market person. According to principles of sustainable development and orientation on non-material economy we justified the need for development of society, the main components of which are the information flow and intellectual property.

References

[1] Ivanova S.A. The main problems of innovative development of Russia (comparative analysis). Sovremennye nauchnye issledovaniya i innovatsii [Modern scientific researches and innovations], 2014, no. 4, part 1. Available at: http://web.snauka.ru/issues/2014/04/33127.

[2] Akhtyrtsev N.M. Gosudarstvennaya sobstvennost’ i ee rol’ v rynochnoy ekonomike [Public domain and its role in market-driven economy]. Moscow, Laboratoriya knigi publ., 2012, 98 p.

[3] Akimov O.Yu. Malyy i sredniy biznes: evolyutsiya ponyatiy, rynochnaya sreda, problemy razvitiya [Small and medium business: terms evolution, market environment, development problems]. Moscow, Finansy i statistika publ., 2004, 192 p.

[4] Krichevskiy N.A., Goncharov S.F. Korporativnaya sotsial’naya otvetstvennost’ [Corporative and social responsibility]. Available at: http://www.novsu.ru/file/1088072 (accessed 08 August 2017).

[5] Semenov Yu.I. Proiskhozhdenie i razvitie ekonomiki: ot pervobytnogo kommunizma k obshchestvam s chastnoy sobstvennost’yu, klassami i gosudarstvom (drevnevostochnomu, antichnomu i feodal’nomu) [Origin and development of economics: from primitive communism to societies with private property, classes and government (old-eastern, antique and feudal)]. Moscow, Krasand publ., 2014, 717 p.

[6] Sidel’nikov I.D., Musinova Z.V. Russian economic crisis as a harbinger of the World systemic crisis. Molodezhnyy nauchno-tekhnicheskiy vestnik, 2015, no. 4. Available at: http://sntbul.bmstu.ru/doc/779152.html.

[7] Borodiy E.A. Invisible assets evolution: from push economy to pull economy. Vestnik SGUPS [The Siberian Transport University Bulletin], 2010, no. 24, pp. 170–174.