COEXISTANCE OF THE MARKET ECONOMY AND STATE INTERVENTION: THEORY OR REALITY?

An ideal mechanism for functioning of the modern economy could be defined as a mixture of the free market and state intervention. However, what is the way to ensure that adequate intervention of the state is in harmony with free market operations - that is the question which certain countries manage...

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Bibliographic Details
Main Authors: Marosevic, Katarina, Nukic, Ivana Sandrk
Format: Conference Proceeding
Language:English
Subjects:
Case studies
Datasets
Economic growth
Economic policy
Economics
Efficient markets
Electronic government
Free markets
GDP
Gross Domestic Product
Intervention
Market economies
Markets
Public policy
Public sector
Public services
R&D
Research & development
Society
State intervention
Strategic management
Success
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Summary:An ideal mechanism for functioning of the modern economy could be defined as a mixture of the free market and state intervention. However, what is the way to ensure that adequate intervention of the state is in harmony with free market operations - that is the question which certain countries managed to answer better than the others. The aim of this paper is to explore the business success indicators of chosen companies in Croatia considering the importance of state intervention in market-oriented markets as well as to investigate if the level of selected social expenditure in chosen EU countries reflects their achieved GDP rise. With this goal in mind, this paper is by its nature interdisciplinary and includes two scientific research branches - general economy and organization and management. In order to give a complete answer on the starting research question, the method of the analysis and the method of synthesis of strategic important documents as well as the case studies method for examples of successful entrepreneurship initiatives were used as our main tool.
ISSN:1849-6903
1849-6903