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The Analysis Of Sustainability-Stationarity- Stability Triada

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  • IORDACHE, Grațiela-Denisa

    (The School of Advanced Studies-Romanian Academy, Bucharest, Romania)

Abstract

Clarifying the concept of Sustainability is important for a better understanding of the economic phenomena/processes/systems‘response to external shocks. The paper aims to define the concept of Sustainability in conjunction with the concepts of Stability and Stationarity using the logical analysis-method of sufficiency predicates. Next, I will analyze the relationship between those three concepts. The results of the paper will be useful in analyzing economic growth models and in formulating public policies. Also, clarifying these concepts is an important step in defining other economic concepts such as Economic Sustainability, Fiscal Sustainability and Institutional Sustainability.

Suggested Citation

  • IORDACHE, Grațiela-Denisa, 2018. "The Analysis Of Sustainability-Stationarity- Stability Triada," Journal of Financial and Monetary Economics, Centre of Financial and Monetary Research "Victor Slavescu", vol. 6(1), pages 199-205, October.
    • Handle: RePEc:vls:rojfme:v:6:y:2018:i:1:p:199-205
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    More about this item

    Keywords

    Sustainability; Stability; Stationarity; Sufficiency predicates;
    All these keywords.

    JEL classification:

    • F49 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Other
    • O43 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Institutions and Growth
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes

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