The economic crisis has brought a new situation also for the Hungarian economic
policy, as neoliberalism as the main trend in economic thought is no
longer valid. This phenomenon cannot be reduced to be a mere macroeconomic
course shift, as an entire economic philosophy and approach has lost its relevance.
One consequence of this is the need for a thorough revision of the theory
and practice of business management, along with the re-evaluation of the notion
and position of the corporation.
Our study aims to contribute to this theoretical reformation, presenting that social
values derived from psychological and sociological findings such as human
motivational theories or trust are fundamental elements of the 21st century corporate
model. To point to this, we use the ideological correspondences, while
proving that our national research on corporate theory and even rather its application
are far behind the 21st century requirements and lack even the Western
view of the 20th century.
The market structure can be described by concentration ratios based on the
oligopoly theory or the structure – conduct – performance paradigm. Measures of
concentration and also competition are essential for banks conduction in the
banking industry. Several researchers have proved concentration level to be major
determinants of banking system efficiency. Theoretical characteristics of market
concentration measures are illustrated with empirical evidence. The market
structure of the Albanian Banking Sector has changed dramatically in recent years.
On 1990s, our country has experienced deregulation, foreign bank penetration, and
an accelerated process of consolidation and competition in the banking sector.
Particularly, the working paper examines the nature and the extent of changes in
market concentration of Albanian banking sector. It focused primarily on a
descriptive and dynamic analysis of change in the concentration indices in banking
sector from year to year. Also it examines how the inherited structure of the
banking system affects the way of the distribution of market shares amongst the
different banks that comprise on the banking sector.
Der Beitrag untersucht anhand einer Intourist-Reisebroschüre aus der Sowjetzeit, wie seinerzeit Armenien präsentiert wurde - mit welchen Städten und Stätten, und mit welcher Interpretation. Der Artikel ist reichhaltig illustriert, und die komplette Broschüre ist als Anhang beigefügt.