Purpose – To explain the sources of jobless growth in Poland, the country undergoing economic system transition and integration with the European Union (EU). Design/methodology/approach – The research used the Harrod-Domar model together with an interpretation proposed by Barro and...

Purpose – The purpose of this paper is to address the root causes of rising imbalances in the US economy. There is the view that the dominance of the liberal economic philosophy among the American decision makers and business elite resulted in marginalization of the role of the economic...

Purpose – The greatest asset of US capitalism until recently has been a blend of pragmatism with a passion to create the best socio-economic system in the world. Today the USA is besieged by unprecedented budget deficit, public debt, financial crises, unemployment and rising...

Purpose – The purpose of this paper is to analyse the causes of failure of the neoliberal model of capitalism and rise of state capitalism. The arguments that efficient market economy can thrive under autocracy are refuted. Design/methodology/approach – Both western neoliberal capitalism and...

This paper analyzes, structural budget surplus (SBS) rule evidence for the Chilean economy. We examine its effect on macroeconomic variables, such as credit worthiness, output volatility, policy effectiveness ,and welfare level gains over time due to economic growth. Thus, SBS becomes a public...

We consider statistically independent non-identical subsystems with different entropic indices q1 and q2. A relation between q1, q2 and q′ (for the entire system) extends a power-law for entropic index as a function of distance r. A few examples illustrate a role of the proposed constraint...

An entropic measure for the analysis of grey level inhomogeneity (GLI) is proposed as a function of length scale. It allows us to quantify the statistical dissimilarity of the actual macrostate and the maximizing entropy of the reference one. The maximums (minimums) of the measure indicate those...

The statistical measure of spatial inhomogeneity for n points placed in χ cells each of size k×k is generalized to incorporate finite size objects like black pixels for binary patterns of size L×L. As a function of length scale k, the measure is modified in such a way that it relates to...

On the basis of a model system of pillars built of unit cubes, a two-component entropic measure for the multiscale analysis of spatio-compositional inhomogeneity is proposed. It quantifies the statistical dissimilarity per cell of the actual configurational macrostate and the theoretical...