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Toxic economy - interferences with recent Romanian experience

Author

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  • Cristian Gheorghe Iacob

    (Romanian Academy, National Institute for Economic Research “Costin C. Kiritescu”, Bucharest, Romania)

Abstract

What is the toxic economy? Economy through which the legislation and control in place, fails to provide a standard of living with sustainable uptrend, getting to transform assets into cash whose value is consumed unproductively. Why we do not live well? Good life is in fact the standard of living of the economic and political offered by the laws of a state or groups of states, citizens living on a certain territory. The standard of living is a result of variety of factors, difficult to quantify both separately and in particular unit. In this article we will try to define the fractal complexity of how the toxic economy is affecting the standard of leaving

Suggested Citation

  • Cristian Gheorghe Iacob, 2015. "Toxic economy - interferences with recent Romanian experience," Manager Journal, Faculty of Business and Administration, University of Bucharest, vol. 21(1), pages 52-59, May.
    • Handle: RePEc:but:manage:v:21:y:2015:i:1:p:52-59
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