The Health of the Economy as a Living Organism
Constantin Popescu and
Additional contact information
Constantin Popescu: The Bucharest Academy of Economic Studies
Cristina Burghelea: â€œHyperionâ€ University, Bucharest
Theoretical and Applied Economics, 2010, vol. 2(543), issue 2(543), 79-88
According to â€œthe health of the common living wholeâ€ , 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.
Keywords: economic organism; flexibility; healthy growth; dynamic equilibrium. (search for similar items in EconPapers)
References: Add references at CitEc
Citations View citations in EconPapers (1) Track citations by RSS feed
Downloads: (external link)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:agr:journl:v:2(543):y:2010:i:2(543):p:79-88
Access Statistics for this article
Theoretical and Applied Economics is currently edited by Marin Dinu
More articles in Theoretical and Applied Economics from Asociatia Generala a Economistilor din Romania - AGER Contact information at EDIRC.
Series data maintained by Marin Dinu ().