ECONOMIC EFFICIENCY AND THE ROLE OF THE STATE IN MARKET ECONOMY

Economic efficiency emerges after comparing the effects of some action with the efforts needed to produce it and has general applicability in decision-making in any country. It can be said that economic efficiency is closely related to the use of resources in the economy and its essential feature is...

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Bibliographic Details
Main Author: Petru ROŞCA
Format: Article
Language:English
Published: Editura Fundatiei Romania de Maine 2017-03-01
Series:Annals of Spiru Haret University Economic Series
Subjects:
Online Access:http://anale.spiruharet.ro/index.php/economics/article/view/827