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Models of the Economic Growth and their Relevance

Author

Listed:
  • Nicolae MOROIANU

    (Bucharest Academy of Economic Studies)

  • Daniela MOROIANU

    (Bucharest Academy of Economic Studies)

Abstract

Until few years ago, the economic growth was something perfect normal, part of an era marked by the transformation speed. Normality itself has been transformed and we currently are influenced by other rules, unknown yet, which should answer the question: “How do we return to the economic growth?” The economic growth and the models aiming to solve this problem concern the economic history even since its beginnings. In this paper we would like to find out what is the relevance that the well-known macroeconomic models still have and which might be their applicability level in a framework created by a black swan event type.

Suggested Citation

  • Nicolae MOROIANU & Daniela MOROIANU, 2012. "Models of the Economic Growth and their Relevance," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania / Editura Economica, vol. 0(6(571)), pages 135-142, June.
    • Handle: RePEc:agr:journl:v:6(571):y:2012:i:6(571):p:135-142
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    Cited by:

    1. M.M. Ihnatenko & L.O. Marmul & D.S. Ushakov & S.P. Kuchyn, 2019. "Transformation of Approaches to Determine Influence Factors in the Economic Development Models," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(2), pages 290-301.
    2. Maria ANDRONIE & Laura MARIN, 2017. "Analogies in Environmental and Economic Systems: Growth Curve and Models," International Conference on Economic Sciences and Business Administration, Spiru Haret University, vol. 4(1), pages 20-26, October.

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