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Beyond The Limits Of Crisis

Author

Listed:
  • Eduard Ionescu

    (USH Bucharest, Romania)

  • Carmen Costea

    (USH Bucharest, Romania)

Abstract

The recurrence of economic crises serves to illustrate the limits of neoclassical economics and the contemporary established models. The study of complex systems, evolutionary economics and interdisciplinary research offers the possibility of new developments. The concept of emergence represents an insightful argument against the well-planned and ordered nature of the social sciences universe. Complex systems research represents the viable alternative for sustainable growth in the following decades.

Suggested Citation

  • Eduard Ionescu & Carmen Costea, 2013. "Beyond The Limits Of Crisis," Global Economic Observer, "Nicolae Titulescu" University of Bucharest, Faculty of Economic Sciences;Institute for World Economy of the Romanian Academy, vol. 1(2), pages 152-155, November.
    • Handle: RePEc:ntu:ntugeo:vol1-iss2-13-152
    as

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    References listed on IDEAS

    as
    1. Bezemer, D.J., 2009. "No one saw this coming. Understanding financial crisis through accounting models," Research Report 09002, University of Groningen, Research Institute SOM (Systems, Organisations and Management).
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    3. Ulrich Witt, 2008. "What is specific about evolutionary economics?," Journal of Evolutionary Economics, Springer, vol. 18(5), pages 547-575, October.
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