To The Wave Nature Of Economic Cycles
AbstractThe question of economic cycles’ origin is still one of the most actual problems. In inorganic nature the wave process appears as a form of system’s existence and as reaction of environment against outside disturbance. Socium as an environment, a separate element of which is a human being, possesses two basic characteristics. It is different values of capability of every separate human being, on one hand, and organization of scarce resources for production and level of consumption of limited benefits, on the other hand. These two characteristics create two opposite trends of production and consumption in condition of growth of population and scarceness of resources during long period of time. These two mentioned trends of opposite directions initiate stationary wave process, which economics defines as economic cycle. Therefore, the property of organic system to initiate wave processes under the influence of outside environment is a necessary condition for supporting dynamic stability of the system in the process of its development, i.e. supporting homeostasis.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by Institute of National Economy in its journal Romanian Journal of Economics.
Volume (Year): 27 (2008(XVIII))
Issue (Month): 2(36) (December)
Contact details of provider:
Postal: Casa Academiei, Calea 13 Septembrie nr.13, sector 5, Bucureşti 761172
Phone: 004 021 318.24.67
Fax: 004 021 318.24.67
Web page: http://www.ien.ro/
More information through EDIRC
economic cycle; non-linear economic dynamics; population growth; economic wave process;
Find related papers by JEL classification:
- N1 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations
- A12 - General Economics and Teaching - - General Economics - - - Relation of Economics to Other Disciplines
- E3 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles
- E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
You can help add them by filling out this form.
reading list or among the top items on IDEAS.Access and download statistics
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Valentina Vasile).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.