ABSTRACT

The focus of this article is the economic regime, which defines the boundaries for economic policy, along with the economic systems, views and models that are presented, as well as actual events and developments in relation with the economic regime. Basically the article has been limited to developed countries and problems of the developing countries, economics regime and model discussions for these countries will not be addressed to aviod expanding the article. However the articles that will be written will find its origin in this article which addresses the developed economies.