African Journal of
Business Management

  • Abbreviation: Afr. J. Bus. Manage.
  • Language: English
  • ISSN: 1993-8233
  • DOI: 10.5897/AJBM
  • Start Year: 2007
  • Published Articles: 4015

Full Length Research Paper

Supramacroeconomics: The newest management technology

  Fedir D. Kozhurin    
Apartment 75, build. 16, Leningradska Str., Dnipropetrovsk, 49000, Ukraine.
Email: [email protected]

  • Article Number - 84269E927031
  • Vol.7(9), pp. 727-737, March 2013
  •  Accepted: 04 March 2013
  •  Published: 07 March 2013

Abstract

 

Among the existing economy and management types – microeconomic, territorial entities, branches (spheres) of economy and macroeconomic – this article singles out another one – the supramacroeconomic type. This type occupies a transitional place between the existing macroeconomics, whose subjects are state authorities of inter-branch level (Ministries of Economy, Finance etc.), and nationwide (administrative and political) level of management. The following proofs for the necessity of the new management level introduction are given: actual presence of supramacroeconomic functions in practice and impossibility to fulfill the majority of them by any state authority, except the government itself. The following functions of current concern are suggested to be attributed to the supramacroeconomic ones: contribution to population employment, domestic market development, realization of required structural adjustments in the economy, formation and regulation of the economic space of the country, balancing the intrasocial interests and other functions. The fulfillment of these functions represents the so-called functional management methods on the highest level of the executive power (to replace the preceding branch-related methods or those ones that depend on economic activity types). It is obvious that these very functions are directly aimed at satisfying the interests of people and long ago they became the basic functions in the government activities of all countries, including highly developed ones. It is this approach to the whole system of governments that will allow, firstly, to make the distribution of the responsibility of different management levels more target-focused and to provide for more effective cooperation between them. Examples of the efficient economy restructuring in Ukraine serve as the confirmation of the above mentioned idea. Some mechanisms of the restructuring fulfillment are presented in the article. Submitted proposals also entail system-related consequences in the transformation of GDP formation scheme, table “Expenses – Production” and other components of NAS (National Account System) towards the adequacy of ultimate purposes of governments, which is also substantiated by the author.

 

Key words: Government, macroeconomics, liberalism, functional methods, statistics, econometrics.

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