Bojańczyk, Mirosław (2010): The ineffectiveness of state as a controller and owner. Unpublished.
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The global market is largely a game without rules and without an arbitrator able to dispense necessary medicine. Undoubtedly, the crisis has caused the emergence of new challenges, which require the active role of the state in various areas. States play the role of owners of companies and market regulators. Unfortunately governments were not performing these functions adequately. Those therefore, who themselves committed many mistakes, must improve not just the mis-functioning market, but also a defectively functioning state; or, to put it otherwise, they must improve themselves.
| Item Type: | MPRA Paper |
|---|---|
| Language: | English |
| Keywords: | state; capital markets; regulations; financial crisis; |
| Subjects: | N - Economic History > N2 - Financial Markets and Institutions > N20 - General, International, or Comparative E - Macroeconomics and Monetary Economics > E4 - Money and Interest Rates > E44 - Financial Markets and the Macroeconomy G - Financial Economics > G0 - General > G01 - Financial Crises |
| ID Code: | 23933 |
| Deposited By: | Miroslaw Bojanczyk |
| Deposited On: | 16. Jul 2010 19:20 |
| Last Modified: | 16. Jul 2010 19:20 |
| References: | Bojańczyk M., Rola funduszy inwestycyjnych w warunkach globalizacji, SGH, Warszawa 2008 Bossak J., Systemy gospodarcze a globalna konkurencja, SGH, Warszawa 2006. Chołaj H., Ekonomia polityczna globalizacji, Fundacja Innowacja, Wyższa Szkoła Społeczno- Ekonomiczna, Warszawa 2003. Dahrendorf R., Nieświęte przymierze, „Polityka” 1998, nr 9. Martin H.P., Schumann H., Pułapka globalizacji. Atak na demokrację i dobrobyt, Wydawnictwo Dolnośląskie, Wrocław 2000. Dunning J.H., Goverments and Macro-Organization of Economic Activity, w: Goverments, Globalization and International Business, New York 1977. Gołębiowski J.W., Global Governance, Koncepcje-doświadczenia-perspektywy. Instytut Gospodarki Światowej, SGH, Warszawa 2008 Kaufman H., Developing the West Global Financial Crises, „Washington Post”, 28.01.1998. La Porta R., Lopez-de-Silanes F., Shleifer A., Vishny R., Investor Protection and Corporate Governance, Department of Economics, Harvard University, Cambridge 2000. Sorman G., Kryzys dopiero przed nami, Tygodnik Idei, Europa Dziennik, 9-10 maja 2009r Soros G., Nowy paradygmat rynków finansowych, MT Biznes, Warszawa 2008. Stiglitz J.E., „Kryzys wymusi globalną reformę”, Dziennik 22-11-2008 Stiglitz J.E., Globalizacja, WN PWN, Warszawa 2005. |
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