Economic Actor

(redirected from Economic Actors)

Economic Actor

A person or unit able to use land, labor or capital. An economic actor uses these resources to shape an economy, usually (though not always) for his own benefit. An economic actor may be an individual, a company, a government or even a society as a whole. In general, economic actors are assumed to be rational (that is, they make decisions that would maximize their self interest), though some analysts would contend that many actors are too short sighted to be fully rational. See also: Homo economicus.
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I am confident that to date, modern technologies allow us to count operations of economic actors without expensive purchase of the recorder of payment transactions.
South African Ambassador here John Davies said the embassy will contact relevant bodies to help make the visit successful, expressing his country's interest to forge closer trade relations with Jordan and build bridges of cooperation between economic actors of both countries.
Each chapter addresses one example within the broader transnational issue and the relevant international, regional, and bilateral institutions, conventions, or protocols that govern the issue, as well as the domestic policy context and whether political and economic actors have an interest in cooperation or conflict, and the capacity of states to respond to these challenges.
It also seeks to demonstrate the ways in which the participation of the national team will serve the interests of economic actors in Tunisia.
Yet, the fascination for the possibilities of promoting more inclusive forms of development in the information age have obfuscated the reality of the complex negotiations among political and economic actors who are seeking to use technology in their competition for power.
He highlighted the importance of continuous coordination between government bodies, economic actors, federations, exporters and chambers of commerce, industry and agriculture to have an active role in various stages of the exhibition and to promote integration and partnership in the work between the public and private sectors, calling on the ministries of Local Administration and Environment, Agriculture and Agrarian Reform and Transport to identify the responsibilities related to the status and maintenance of roads and the cultivated areas and afforestation.
They view those working in the informal economy as rational economic actors who evaded tax when the pay-off was greater than the expected cost of being caught and punished.
The ECB said, 'The reliance of economic actors on virtual currency units, if substantially increased in the future, could in principle affect the central banks' control over the supply of money .
He complained that Iranian businessmen and economic actors still cannot open letters of credit (LC) to do business with Chinese firms.
The second part of the book is centred on the economic actors and entrepreneurship in the colonial and post-colonial economies.
Aggregate variables like inequality are the emergent outcomes of the interactions between purposeful economic actors (Epstein 2006).
We invite all economic actors in the country, all Iranians living abroad, all foreign companies that want to cooperate with Iran to profit from this opportunity to come to our country, which is the most secure in the region".