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Government Intervention In Economy And Its Impact On Organizations’ Development

Author

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  • Oriana DOVAL

    () (Spiru Haret University, Romania, Faculty of Management, Brasov)

  • Elena DOVAL

    () (Spiru Haret University, Romania, Faculty of Management, Brasov)

Abstract

The macroeconomic environment and governments influence the performance, the behaviour and the future of organizations and industries, as well. The intervention of government in a country’s polices is a matter of many debates, and several concepts and theories about this problem could be found in the literature. The real life emphasizes that some aspects of the theory could be recognized, but nevertheless they are influenced by the specific context of any country. Based on the literature, this paper makes a brief overview on economic cycles and the macroeconomic theories having in view the government intervention in economy. The purpose of this research is to underline the importance of equilibrium between the market forces and government intervention in economy for the sake of the organizations’ development and people’s welfare.

Suggested Citation

  • Oriana DOVAL & Elena DOVAL, 2011. "Government Intervention In Economy And Its Impact On Organizations’ Development," Review of General Management, Spiru Haret University, Faculty of Management Brasov, vol. 13(1), pages 76-87, May.
  • Handle: RePEc:fmb:journl:v:13:y:2011:i:1:p:76-87
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    References listed on IDEAS

    as
    1. Campbell,Harry F. & Brown,Richard P. C., 2003. "Benefit-Cost Analysis," Cambridge Books, Cambridge University Press, number 9780521528986, March.
    2. Helm, Dieter & Pearce, David W, 1990. "Assessment: Economic Policy towards the Environment," Oxford Review of Economic Policy, Oxford University Press, vol. 6(1), pages 1-16, Spring.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    macroeconomic theories; Government intervention; market forces; organizations’ development; macroeconomic factors.;

    JEL classification:

    • E12 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Keynes; Keynesian; Post-Keynesian
    • E13 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Neoclassical
    • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
    • E44 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Financial Markets and the Macroeconomy
    • F01 - International Economics - - General - - - Global Outlook

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