ABOUT INSTITUTIONALVIABILITY

Gratiela-Denisa Iordache
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Gratiela-Denisa Iordache: Romanian Academy School of Advanced Studies, Bucharest, Romania

Journal of Financial and Monetary Economics, 2024, vol. 12, issue 1, 49-57

Abstract: The present paper aims to define, in terms of logical analysis, the concepts of the institutional viability and its mathematical model for a complex organization. In the context of the strong debates on the model of the future development of the European Union, from institutional point of view, in the actual context of economic and social turbulences, the fully understanding of the concept of institutional viability is a helpful tool for designing the future of the European Union Institutional System. In defining the concept, I choose to use method of sufficiency predicates (logical analysis). The results of the paper will be useful in finding ways for increasing the efficiency of the European Union’s institutions and their viability.

Keywords: Institutional viability; European Union; sustainability (search for similar items in EconPapers)
JEL-codes: E50 E60 E70 (search for similar items in EconPapers)
Date: 2024
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