2011•Journal of Inner Mongolia University for NationalitiesRequires access

The Advantages and Limitations of Public Economy in a Democratic Perspective

Zuo Jin-feng

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Abstract

Efficiency and vitality of the public economy has been the focus of the theory in the study.This paper attempts to the public economy is essentially a democratic economy to start,through the democratic nature,benefits and limitations of the study,demonstration of the public economy as a democratic economy,on the one hand have an unparalleled great advantage,while,due to the level of democratic development and operation constraints of the law but also with some limitations.Therefore,Advantage and efficiency of the public economy is not unconditional,and never right,but to follow their own law of development run. Development and expansion of the public economy will be a long,arduous and gradual process.

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Efficiency and vitality of the public economy has been the focus of the theory in the study.This paper attempts to the public economy is essentially a democratic economy to start,through the democratic nature,benefits and limitations of the study,demonstration of the public economy as a democratic economy,on the one hand have an unparalleled great advantage,while,due to the level of democratic development and operation constraints of the law but also with some limitations.Therefore,Advantage and efficiency of the public economy is not unconditional,and never right,but to follow their own law of development run. Development and expansion of the public economy will be a long,arduous and gradual process.

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Available abstract

Efficiency and vitality of the public economy has been the focus of the theory in the study.This paper attempts to the public economy is essentially a democratic economy to start,through the democratic nature,benefits and limitations of the study,demonstration of the public economy as a democratic economy,on the one hand have an unparalleled great advantage,while,due to the level of democratic development and operation constraints of the law but also with some limitations.Therefore,Advantage and efficiency of the public economy is not unconditional,and never right,but to follow their own law of development run. Development and expansion of the public economy will be a long,arduous and gradual process.

Key concepts: Democracy, Vitality, Economics, Perspective (graphical), Process (computing), Economic system, Economy, Market economy

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