Topology of Economic Systems
AbstractAn economic topology can have many uses to the academician, student and practitioner. Refining a topology of economic systems helps bring together seemingly disparate characteristics and point out potential long run trends. The progression of economic systems over time and also brief explanations of each system are given. We argue that most modern economic systems have some remnants of earlier forms, that is, most economies today are some mixture of what might be considered pure systems. Measurable characteristics to identify a particular system are developed that allows progress to or from a particular classification to be charted for individual countries.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 43209.
Date of creation: Jun 2009
Date of revision:
economic systems; capitalism; socialism; transition; labor-managed;
Find related papers by JEL classification:
- P0 - Economic Systems - - General
- L33 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Comparison of Public and Private Enterprise and Nonprofit Institutions; Privatization; Contracting Out
- L1 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance
- O12 - Economic Development, Technological Change, and Growth - - Economic Development - - - Microeconomic Analyses of Economic Development
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