Towards an Evolutionary Understanding of the Current Global Socio-Economic Crisis and Restructuring: From a Conjunctural to a Structural and Evolutionary Perspective

Charis Vlados, Nikolaos Deniozos (), Dimos Chatzinikolaou and Michail Demertzis ()
Additional contact information
Nikolaos Deniozos: National and Kapodistrian University of Greece - Department of Turkish Studies and Modern Asian Studies
Michail Demertzis: Democritus University of Thrace, School of Law

No 2-2018, DUTH Research Papers in Economics from Democritus University of Thrace, Department of Economics

Abstract: The current global socio-economic crisis and restructuring reshapes the terms of study of the global dynamics as a whole. A new generation of interdisciplinary socio-economic research on the matter in question seems to be progressively emerging in international literature. Against this background, it gradually emerges the understanding, that any attempt to interpret the individual contemporary socio-economic phenomena, which relate to the crisis and the attempt to restructure globalization, can only be inadequate and ineffective, since it fails to fully approach the current dynamics of globalization in synthetic, holistic terms.In this direction, new interpretative approaches seem to intensify interpenetration and conceptual syntheses between the different fields of socio-economic sciences, in an increasingly unified perspective, by extensively "borrowing" – in a direct and indirect way – methods and theoretical "lenses" derived from system science, chaos theory, and evolutionary economics.In the depth of this methodological rearrangement, according to the position put forward in the following paper, it is crucial that an effort is made to move from a conjunctural to a structural perception of the crisis. Ultimately, the great challenge for the field of study of global dynamics nowadays is the transition from the methodological principles of the traditional mechanistic interpretative method to a coherent and integrated evolutionary socio-economic perspective.

Keywords: global crisis; globalization dynamics; structural against conjunctural; systems science; chaos theory; evolutionary economics (search for similar items in EconPapers)
JEL-codes: B52 F69 (search for similar items in EconPapers)
Pages: 19 pages
Date: 2018-04-06
Note: Research in World Economy, 9(1), 15–33, 2018
References: Add references at CitEc
Citations: View citations in EconPapers (4)

Downloads: (external link)
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3362087 Full text (application/pdf)

Related works:
Journal Article: Towards an Evolutionary Understanding of the Current Global Socio-economic Crisis and Restructuring: From a Conjunctural to a Structural and Evolutionary Perspective (2018)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ris:duthrp:2018_002

Access Statistics for this paper

More papers in DUTH Research Papers in Economics from Democritus University of Thrace, Department of Economics Department of Economics, University Campus, Komotini, 69100, Greece. Contact information at EDIRC.
Bibliographic data for series maintained by Periklis Gogas ().