Anatomy of the “Economic Miracleâ€

A.Y. Arkhipov, B.H. Yerznkyan and E.M. Martishin

European Research Studies Journal, 2015, vol. XVIII, issue 3, 7-20

Abstract: The authors analyze evolutionary-institutional patterns and factors of economic growth and development on the example of a number of countries which have demonstrated the “economic miracle†. Their research method is a structure of socio-economic genotype which aims at maximizing the economic system outcomes. It is concluded that the “economic miracle†appears when the economic policy and development strategy of a country coincide with the succession (logic) of a cyclic structure of genotype as a driving force of economic evolution.

Keywords: Economic Evolution and Institutions; Socio-Economic Genotype; Economic Cycles; Economic Miracle (search for similar items in EconPapers)
JEL-codes: B52 O43 P43 P52 (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:ers:journl:v:xviii:y:2015:i:3:p:7-20

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