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Turbulence of Economic Processes: Theoretical Aspects

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  • V. Burlachkov

Abstract

The article discusses turbulence of economic processes as a result of relative velocities of economic system elements. It is underlined that turbulence is the property of macroeconomic dynamics. The main reason of turbulence in economic system is the discrepancy between the velocity of deals contracting and the velocity of obligations executing. The process approach to the analysis of economic system as a set of processes is proposed. Using Lorentz transformations for turbulence analysis is discussed.

Suggested Citation

  • V. Burlachkov, 2009. "Turbulence of Economic Processes: Theoretical Aspects," Voprosy Ekonomiki, NP Voprosy Ekonomiki, issue 11.
    • Handle: RePEc:nos:voprec:y:2009:id:950
    DOI: 10.32609/0042-8736-2009-11-90-97
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    File URL: https://www.vopreco.ru/jour/article/viewFile/950/951
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    Cited by:

    1. Ihor Zavalniuk, 2022. "Establishment Of Constitutional Guarantees Of Openness Of The Administration Of Justice As The Basis Of The Right To A Fair Trial In Conditions Of Economic Turbulence Due To Military Actions," Baltic Journal of Economic Studies, Publishing house "Baltija Publishing", vol. 8(4).
    2. Elena D. Vaisman & Tatyana Yu. Zheleznova, 2024. "Assessment of Turbulence in the Industrial Environment of the Russian Machine-Building Complex," Journal of Applied Economic Research, Graduate School of Economics and Management, Ural Federal University, vol. 23(1), pages 159-179.

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