Real life is always difficult to fit into the rigid framework of the scheme. Classification is a complex matter of science. Life often “confuses” it, making its own adjustments. Given this, scientific thought is not limited to the development of types, but is also engaged in the study of subtypes (species), which actually represent each […]
Tag: decision
M. Weber's approach
The German economic historian and sociologist M. Weber (1864–1920) focused on the influence of three institutions—politics, ethics, and religion—on the development of the economy of capitalism. From the standpoint of the cultural approach of M. Weber, these institutions form the basis of social mechanisms that regulate the development of economic life. It is they who […]
Determining the Trend of a Time Series
After seasonal variations have been excluded from the original time series, the trend of the time series is determined in the traditional way. The type of dependence for the trend (linear or nonlinear) is selected and then the coefficients of the regression equation are determined by the method of least squares. However, due to the […]
The need to regulate international economic relations at the interstate level
Multilateral regulation of world trade at the interstate level has an increasingly noticeable impact on the conditions for the implementation of trade, economic, production and technical ties between countries, on their volume and structure. Multilateral regulation is an integral part of the world trade machinery. It acts as a means of facilitating the exchange of […]
Regulation of the services market
The growth of international trade in services, especially modern services, and the transformation of services into an integral part of the intra-production activities of TNCs have put on the agenda the need to regulate the services market at the international, regional and sectoral levels. To date, the current regulatory system operates at several levels, each […]