Article archive

Small Business Enterprises

04/11/2013 14:58
by Paul J. Dejillas The presence of small business enterprises (SBEs) in the market can be a strong guarantee to ensure healthy competition among firms. Their entry is generally expected to generate more income, more employment, greater stability, higher degree of social security, and greater...

Interest Group Participation

04/11/2013 14:57
by Paul J. Dejillas Interest groups play a vital role in economic and social transformation because of their common concern to respond to the problems of unemployment, inadequate income, and social insecuri­ty. But on the macro‑economic level, they operate from a position of weakness. As market...

Social Policy and the Market Economy

04/11/2013 14:56
by Paul J. Dejillas Market economy and social policy are still widely regarded as antithesis, as two antagonistic forces, either one of whom is out to oppose and eliminate the other. For, as this view would partly advance, what the market generates, social policy annihi­lates. Some market...

Competition Policy and the Market Economy

04/11/2013 14:54
by Paul J. Dejillas Competition is a mechanism that can ensure the attainment of growth, stability, and social equity. But it is not a self- regulating mechanism. If allowed to operate solely on its own, the operation can be obstructed by forces which would eventually dominate and monopolize the...

Stabilization Policy and the Market Economy

04/11/2013 14:53
Paul J. Dejillas and Neil Frank Ferrer Stabilization policy plays an important role in achieving the market economy objectives of growth, stability, and social equity.  The experiences of many developing countries in the past, however, indicate that the introduction of various...

Structural Policy and the Market Economy

04/11/2013 14:52
Paul J. Dejillas and German Constantino The market economy possesses the inherent objectives of achieving growth, stability and social equity. In pursuing this, structural policy lays down the overall framework or policy environment that in the concrete establishes the directions, thrusts,...

Economic Policy and the Market Economy

04/11/2013 14:48
by Paul J. Dejillas Economic policy may be described as actions of the government designed to influence the directions of the market economy. In a socially-oriented market economy, concrete economic policies are designed primarily to facilitate the realization of three specific objectives of the...

A Democratic Islam?

04/11/2013 14:45
by Daniel Pipes There's an impression that Muslims suffer disproportionately from the rule of dictators, tyrants, unelected presidents, kings, emirs, and various other strongmen – and it's accurate. A careful analysis by Frederic L. Pryor of Swarthmore College in the Middle East Quarterly ("Are...

Can Islam and Democracy Coexist?

04/11/2013 14:33
Brian Handwerk Saudi Arabia recently announced that it would hold elections for municipal council positions. The Saudi embassy in Washington, D.C., heralded the news as part of the kingdom's reform agenda and echoed an address by King Fahd last May in which he vowed to "broaden popular...

Islam and Democracy

04/11/2013 14:29
Contemporary Islamic political thought has become deeply influenced by attempts at reconciling Islam and democracy. Muslim thinkers who deal with political debates cannot ignore the significance of the democratic system, as it is the prevailing theme of modern western political thought. Thus it is...
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