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global development. Third, it is a much-debated issue if China has developed a new variant of hybrid regime ( Kornai 2016 ) that constitutes a full-fledged alternative to the two ideal types, command and market economy. Finally, we may also ask if this

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is situated in the Southeast Europe on the Balkan Peninsula. According to the World Bank's classification, Bulgaria has an emerging market economy in the upper-middle income range, where the private sectors account for more than 80% of the gross

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a sense of the vulnerabilities of system. A finer comprehension of the liquidity flow's direction would allow policymakers to fine-tune the current regulation regime. Empirical papers of the field focus on large, developed market economies, with

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learning opportunities from others when operating in a dependent market economy. This seems plausible as MNEs learning routines are often driven from the home base of these companies, outside the host economy ( Nölke – Vliegenthart 2009 ). However, our

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of market economy with winners and losers distributed over the whole social hierarchy without posing the question whether this will be “capitalism,” or a “transition to democracy” will have to follow the transformation. Hence, we do have here an

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.09.016 Botos , K. – Botos , J. ( 2008 ): A világvallások gazdasági tanítása, a globális piacgazdaság és a karitasz (The economic lessons of world religions, the global market economy and the Caritas) . Iustum Aequum Salutare , IV ( 1 ): 43 – 52 . Dang

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consistently said since 1978 that they continue to build “socialist market economy with Chinese characteristics”? Or this is merely a political slogan and China as many other post-communist countries are firmly advancing towards the capitalist mode of

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): Post-Communist European Countries in Global Value Chains . Ekonomika 93 ( 3 ): 24 – 38 . Drahokoupil , J. – Piasna , A. ( 2018 ): Dependent Market Economies and Wage

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from the very beginning; more direct intervention into the economy through the sizeable public sector that nonetheless operates under market economy conditions is required. These conclusions fit with my own multi-stakeholder approach that

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functioning of their economies instead of the values associated with capitalist market economies and mainstream economics. The following related to Buddhist economics provides an example of my thinking. It is not, however, a recommendation to include Buddhist

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