New Economy - New Answers in Economics

Authors

  • Aladár Nagy University of Miskolc

Keywords:

Economic systems, New economy

Abstract

The ‘new economy’ thanks to the favourable coincidence of many factors took place in the USA first, and by the throughout the world accelerating globalizational processes it grew world wide in more respects.
The ‘new economy’ is such a complex economic system built on new technological bases, which can be characterised by an individual organisational structure and an operation on a global scale. Although the new system is very dynamic, the direct results of its operation are quite doubtful and its social effects are extremely exclusive. For example: the demands for labour forces are globalizating, but an intensive global demand appears only for special labour groups (professional elite). The national states are obliged to undertake the mission of global extension of the ‘new economy’.
The keyfactors of the operation of the ‘new economy’ based on the answers given to the challenges of the changed socialeconomic environment are the followings:
➢ information having high production costs and business value;
➢ the word wide webs giving the source of different information - that is the new infrastructure;
➢ continuous learning;
➢ increasing economic role of the state.
For the questions raised by these keyfactors today’s economics have not given radically new theoretical answers yet.

References

CASTELLS, M. (2000): The Information Age. Economy, Society and Culture. BLACKWELLS PUBLISHERS

SHAPIRO, C. – VARIAN, H.R. (2000): Az információ uralma. A digitális világ gazdaságtana. Geomédia Szakkönyvek. Bp. (in Hungarian)

KOCSIS, É. – SZABÓ, K.: A posztmodern vállalat. Tanulás és hálózatosodás az új gazdaságban. OM. Bp. 2000.

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Published

2002-02-23

How to Cite

Nagy, A. (2002). New Economy - New Answers in Economics. Theory, Methodology, Practice - Review of Business and Management, 1(01), 21–26. Retrieved from https://ojs.uni-miskolc.hu/index.php/tmp/article/view/1302

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Section

Articles