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The Health of the Economy as a Living Organism

Author

Listed:
  • Constantin POPESCU

    (The Bucharest Academy of Economic Studies)

  • Cristina BURGHELEA

    (“Hyperion†University, Bucharest)

Abstract

According to “the health of the common living whole†, economy is a living organism, part of the human society, with which it is integrated in our microcosm environment. As organic component of the living, economy has as a viability criterion of its sense evolution the health of economic life which is in direct compatibility with human health, environment, communications, organizations, families and institutions. Flexibility, interrelating, the dynamic interdependencies and integration form the defining features of the living system of economy, able to self-organize through self- support and self regulation. A healthy economy is an efficient economy, with high productivity and competitiveness. Inverse relationship is not always true.

Suggested Citation

  • Constantin POPESCU & Cristina BURGHELEA, 2010. "The Health of the Economy as a Living Organism," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 2(2(543)), pages 79-88, February.
    • Handle: RePEc:agr:journl:v:2(543):y:2010:i:2(543):p:79-88
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