THE ANALYSIS OF SUSTAINABILITY-STATIONARITY- STABILITY TRIADA

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

Journal of Financial and Monetary Economics, 2018, vol. 6, issue 1, 199-205

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.

Keywords: Sustainability; Stability; Stationarity; Sufficiency predicates (search for similar items in EconPapers)
JEL-codes: F49 O43 R11 (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:vls:rojfme:v:6:y:2018:i:1:p:199-205

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