Theoretical and Applied Economics (Sep 2022)

Using automated systems to run a modern state and benchmarking the solution with advanced indicators

  • Dumitru Alexandru BODISLAV

Journal volume & issue
Vol. XXIX, no. 3
pp. 81 – 88

Abstract

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In these times of continuous search for financial wisdom, when the primary global issue is how to escape from the clutches of bad investment options and avoid being caught in the trap of twists, swaps, and other financial mechanisms, it is necessary to highlight the facts that created today’s enlightened side of the economy, as well as the ruptures that created the general framework for the actual economy and the elements that must be inserted to create the new economy. Any economic system, whether micro, on the scale of a company, or macro, on the scale of a state, develops groupings, micro: joint ventures; macro: state unions. These groups represent the complex work unit for the evolution toward economic advancement from the perspective of globalization, but a spark for economic systems is required to ignite the cooperation and collaboration engine, particularly the concept of implementing the corporate-state governance hybrid work model. This paper presents a complicated system that focuses on the necessity to shift the offered solution and the manner in which it may be executed and improved. In addition, it is essential not to neglect the aspects developed during the information age, particularly the evolution of the transfer process and the information’s quantitative flow.

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