Suchergebnisse

Part I. Theoretical Outline -- Chapter 1. Introduction -- Chapter 2. The Digital Transformation as a starting point -- Chapter 3. The approach of the Freiburg School and why it is particularly useful now -- Part II. An Order Challenger -- Chapter 4. A functioning price system -- Chapter 5. Primacy of monetary policy -- Chapter 6. Open markets under pressure -- Chapter 7. Private property -- Chapter 8. Labour and Incomes -- Chapter 9. Concluding remarks.

The current economic development in europe is a continuous cause for concern. First and foremoust in terms of the dept crisis, having a closer view regarding disbalances of competitiveness. Investigations concerning regional competitiveness agree on the importance of knowledge. Only "knowledge-economies" seem to be able to create sustainable prosperity. However, the question is crucial, which kind of knowledge is decisive. The knowledge which ensures material prosperity has to be discovered by competition. At the same time, firms are confronted with the continuously increasing dynamics of the global economy. Starting from the Hayekian concept of knowledge-based competition this article examines, why education policy should be seen as a reasonable complement of competition policy and defines the relevant academic voids.

Zusammenfassung
Ordnungstheoretische Überlegungen zur wettbewerblicher Ordnung finden ihren gemeinsamen Bezugspunkt nicht zuletzt im Ursprung der Klassik. Sie verbindet damit auch ein Katalog offener Fragen. Dementsprechend bildet die Integration psychologischer, wissenstheoretischer und soziologischer Einsichten nach wie vor eine zentrale Herausforderung der heterodoxen Ökonomik. Der vorliegende Beitrag behandelt die Frage, wie wettbewerblich organisierte Märkte als emergente Phänomene begreifbar und inwieweit sie als evolutionär superior bewertbar sind. Das Hayek′sche Postulat vom Primat des Abstrakten bildet dazu den Ausgangspunkt. Problematisiert werden das Phänomen der Selbstreferenz sowie der Zusammenhang zwischen Nutzen, Knappheit und Preisen. Ein besonderes Augenmerk gilt dabei den Asymmetrien von Wissen und Motivation. Die gewonnenen Einsichten werden dann auf das Problem der Emergenz zurückbezogen.

This paper develops some analytical perspectives for a proper assessment of the dynamics observed on the Hungarian residential property market over the last decade. These dynamics are examined in comparison to official policy objectives. On the one hand, sustainable development and social balance were particularly urgent issues after the last financial crisis. On the other, the residential property market was officially instrumentalised to achieve them. We examined real estate market processes using data from the Hungarian Central Statistical Office and found a change in investment motives and in the main groups of actors dominant in the market, and we also examined the role of foreign investment. At the aggregate national level, the past decade looks like a process of recovery. Nonetheless, the factors relevant for the observable dynamics do not seem to correspond to the goals also formulated in the new constitution, but rather document the investment fever of certain groups.

Intro -- Contents -- The Means Justifies the End? Digitalization and Sustainability as a Social Challenge. A Plea for an Integrative View -- 1 Initial Situation -- 2 Digitalization, Digital Transformation and Sustainability-An Attempt at Definition -- 3 Our Interdisciplinary Approach -- References -- The New World of Blockchain Economics: Consensus Mechanism as a Core Element -- 1 Introduction -- 2 Proof-of-Work Consensus -- 3 Proof-of-Stake Consensus -- 4 Conclusion -- References -- Blockchain to the Rescue-Tokenization of Residential Real Estate in the Emerging Token Economy -- 1 Token Economics and Decentralized Finance -- 2 Stablecoins, Security Tokens and Oracles -- 3 Tokenized Real Estate -- 4 The Oracle Bank Concept -- 5 Potential Hazards of Residential Property Tokenization -- 6 Concluding Remarks -- References -- The Impact of ICT on Policies, Politics, and Polities-An Evolutionary Economics Approach to Information and Communication Technologies (ICT) -- 1 Introduction -- 2 ICT from an Evolutionary Economics Perspective -- 3 The Impact of ICT on Policies, Politics, Polities -- 3.1 ICT and Policies-From eGovernment to Smart Government -- 3.2 ICT and Politics-From eGovernance to eDemocarcy to eParticipation -- 3.3 ICT, Polities and Regime Shifts -- 4 Conclusion -- References -- Sustainable Upscaling: The Role of Digitalization in Providing Health Care and Health Insurance Coverage in Developing Countries -- 1 Sustainability and Increasing Demand in the Health Sector -- 2 The Role of IT in Satisfying the Demand for Health Care -- 3 Examples of IT in the Health Sector -- 3.1 Access to Information by Patients -- 3.2 Digital Health Services -- 3.3 Access to Information by Health Care Provider/Insurance -- 3.4 Automation of Business Processes -- 3.5 Administrative Self-services -- 3.6 Robotics -- 4 Risks and Risk Management.

This book highlights the opportunities and risks of digitalization and digital transformation for our global economy at both the micro and macro level. Experts from various fields, presenting both scientific and practice-oriented perspectives, identify and critically analyse areas of tension and development potential in connection with new business models and sustainability efforts in our society. It is divided into four parts, the first of which highlights new technological advances in areas such as blockchain, cryptocurrencies and fintechs, and discusses the challenges they pose for public regulation. The second part illustrates digitalization's effects on and potential advantages for public welfare, focusing on key areas such as education, health and smart cities. The third part focuses on challenges for corporate and public management, particularly for leadership and Corporate Social Responsibility, while the fourth part discusses new dimensions for analysis based on big data. The contributions gathered here are partly an outcome of the International Conference on Digitalization, Digital Transformation and Sustainability held in Budapest in October 2020 and generously supported by the Hanns Seidel Foundation.

In light of demographic change and the growing problems of traditional old-age security systems, this book discusses two essential instruments in connection with privately providing for old-age security: (1) savings in private pension schemes and (2) building up equity for home-ownership. Further, it assesses the relationship between the two instruments and offers a unique overview of the latest market developments. In order to represent the profound differences between the individual member states of the EU, this book features six country-specific studies - covering Germany, Hungary, Ireland, Italy, the Netherlands and the United Kingdom - that provide detailed insights into the complexity of local private pension schemes, mortgage markets, and housing markets. Lastly, the book discusses public policies and fiscal incentives intended to better integrate residential property with private pensions. It will appeal to both, private households seeking to build up old-age security, as well as policy makers interested in providing secure pension schemes.