Theoretical and Applied Economics
No. 2 / 2010 (543)
The Health of the Economy as a Living Organism
The Bucharest Academy of Economic Studies
Cristina BURGHELEA
“Hyperion” University, Bucharest
Abstract. According to “the health of the common living whole”, economy is a living organism, part of the human society, with which it is integrated in our microcosm environment. As organic component of the living, economy has as a viability criterion of its sense evolution the health of economic life which is in direct compatibility with human health, environment, communications, organizations, families and institutions.
Flexibility, interrelating, the dynamic interdependencies and integration form the defining features of the living system of economy, able to self-organize through self- support and self regulation.
A healthy economy is an efficient economy, with high productivity and competitiveness. Inverse relationship is not always true.
Contents
The Role of Stress-test Scenarios in Risk Management Activities and in the Avoidance of a New Crisis
On the Intensity of International Subsidy Competition for FDI
About How Did the First Ever Big Economic Crisis Look Like
The Role of Empathy in Developing the Leader’s Emotional Intelligence
The Health of the Economy as a Living Organism
The Role of Internal Audit in Optimization of Corporate Governance at the Groups of Companies
Banking Risk Management in the Light of Basel II
A Historical Approach of the Population Role in the Economic Development (Ancient period – the nineteenth century)
The Liability of the Employer and the Liability of the Employees between Civil Law and Labour Law