Government Intervention In Economy And Its Impact On Organizations’ Development
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.
Volume (Year): 13 (2011)
Issue (Month): 1 (May)
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