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Journal number 3 ∘ Anzor Kuratashvili
SOCIALLY ORIENTED MARKET ECONOMY AND THE CRITERION OF EFFECTIVENESS OF INTERNATIONAL BUSINESS

Expanded Summary

Socially oriented market economy, along with the defining economic goal of market relations, assumes a social orientation of the market-economic system, which is an indicator of the essential nature of a socially-oriented market economy and its defining specific feature.

In this regard, absolute scientific, political and practical interest is the study of problems of a socially oriented market economy, and on this basis - the study of international business problems and international economic relations in general, and, in particular, the definition of the criterion for the effectiveness of international business.

This is the reason for the fundamental importance and relevance of this research topic.

The analysis of scientific research indicates that in fact there are no scientific papers in which the problems of international business and international economic relations as a whole would be considered taking into account the functioning of a socially oriented market economy and, moreover, that in this connection there would be a definition criterion of the effectiveness of international business.

Therefore, the subject of the research proposed by the author, of course, is of particular importance.

The purpose of this study is to introduce international business as a criterion of efficiency in a socially oriented market economy, not only economic, but, above all, the social performance of business and international economic relations in general.

The task of scientific research is to justify the need to introduce international business as a criterion of efficiency in a socially oriented market economy, not only economic, but, above all, the social performance of business and international economic relations in general.

The main novelty of scientific research is the definition and consideration as a criterion for the effectiveness of international business in a socially oriented market economy - not only economic, but, above all, the social performance of business and international economic relations in general.

Scientific work considers the essence and specific features of a socially oriented market economy, and taking into account this, a criterion for the effectiveness of international business is proposed.

In particular, in scientific work it is noted that the essence of a socially oriented market economy lies in the functioning of such a market-economic system, for which both the desire for maximum profit and social orientation are characteristic.

As for the specific features of a socially oriented market economy, they also manifest simultaneously in striving for maximum profit and in social orientation.

Moreover, it should be noted that although a socially oriented market economy was born in conditions of capitalism, which is characterized by a purely economic orientation of its functioning - the desire to obtain maximum profit, i.e. although capitalism is characterized by the domination of money, market, profit, capital over man, but the very birth of a socially oriented market economy is, on the one hand, the forced "modification" of the capitalist system aimed at saving capitalism, and, on the other hand, a socially oriented market economy a natural (although for many unaware) manifestation of philosophy of the social goal.

At the same time, it is important to pay attention here to the fact that, although the philosophy of the social goal, as the pattern of social-state development, is making its way through the evolutionary path, however it is very slow and with the overcoming of huge obstacles, because capitalism inherent in capital domination of money, market dominance , profit, capital over a person, without a fight, never surrenders its position.

Therefore, it is of fundamental importance to note that, without state interference in the functioning of the economy and public life based on the interests of the people, not only the steady social orientation of the development of society and the state is impossible, but the effective social orientation of the market economy is unfeasible, too, because the essence of a socially oriented market economy lies in the functioning of such a market-economic system, which is characterized by a simultaneous desire for maximum profit and social orientation.

Consequently, the urgency and fundamental importance of the problem of state management and regulation of the economy and public life as a whole is increasingly growing at the present stage of public life, which is primarily due to the fact that the global economic crisis has created great difficulties for solving social problems and, accordingly, for practical implementation of the social orientation of a market-economic system.

As for a socially oriented market economy, it implies:

First, the need to use a variety of forms of market organization and the regulatory role of market mechanisms

And, secondly, socially-oriented market economy implies the need for legal and organizational intervention of the state with maximum preservation of the possible freedom of entrepreneurs.

Thus, the scientific research conducted by the author has long led to the logical conclusion that the essence of a socially oriented market economy and its specific features, as noted above, is the functioning of a market-economic system characterized by a desire to maximize profits and social orientation.

It is important to emphasize that for the practical implementation of the essential nature of a socially-oriented market economy, taking into account the specifics of its functioning, the legal provision of the noted market-economic system is of fundamental importance, which can be ensured only by state power in the process of state management.

Thus, a socially oriented market economy is characterized by the regulatory and managing role of the state in the functioning of the economic life of the society, without which the practical realization of the interests of the people is not feasible.

It is important to pay special attention here to the fact that even state regulation of the economy by itself can not mean and does not mean its social orientation, since the state, depending on the target orientation of the functioning of the social-state system, can regulate the economy not only on the basis of social goals, and even vice versa, i.e. the state can regulate the economy also based only on the economic goal, and it (the state) can actually not take into account the need for its social orientation.

Therefore, in connection with the judgment of the regulatory and managing role of the state in the functioning of the economy, it is first of all necessary to pay particular attention to the need for the state to regulate the market economy not only in terms of its economic efficiency, but also for the purpose of its social orientation, it may even contradict the social orientation of the market economy.

As for international business and international economic relations in general, in terms of socially-oriented market economy, on the basis of the philosophy of the social goal and taking into account the social orientation of this market-economic system, as a criterion for the effectiveness of international business it is necessary to consider not only economic, but, above all, the social performance of business and international economic relations in general.

Proceeding from all the above, the criterion for the effectiveness of international business and international economic relations in general, in a socially oriented market economy, should be considered not only economic, but, first of all, the social effectiveness of international business and international economic relations in general.