A CYBERNETICS APPROACH TO THE SOVEREIGN DEBT CRISIS
The purpose of this paper is to approach the sovereign debt crisis from a cybernetics perspective, as a system that includes several interrelated subsystems. We emphasize the dynamic nature and sustainability of the sovereign debt system. The paper also discusses the transition from a sovereign debt...
| Main Author: | |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Regional Department of Defense Resources Management Studies
2015-10-01
|
| Series: | Journal of Defense Resources Management |
| Subjects: | |
| Online Access: | http://journal.dresmara.ro/issues/volume6_issue2/16_constantin.pdf |
| Summary: | The purpose of this paper is to approach the sovereign debt crisis from a cybernetics perspective, as a system that includes several interrelated subsystems. We emphasize the dynamic nature and sustainability of the sovereign debt system. The paper also discusses the transition from a sovereign debt dynamic system to a sovereign debt crisis dynamic system, transition included in the feedback control loop of the dynamic system of national economy. |
|---|---|
| ISSN: | 2068-9403 2068-9403 |