Problemi Ekonomiki (Dec 2017)

Reproduction of Economic Interests as a Nonlinear Dynamical System

  • Smiesova Viktoria L.

Journal volume & issue
Vol. 4
pp. 336 – 343

Abstract

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The aim of the article is to define the system characteristics of reproduction of economic interests of actors, substantiate the possibility of its evolutionary and revolutionary development and the nonlinearity of its development in dynamics. The article justifies the main characteristics of the system of reproduction of economic interests. It is proved that in this system stability and variability are complementarily combined as integrated mechanisms of its development in statics and dynamics, assurance of its self-organization and self-restoration, quantitative and qualitative transformation. In its static state, there prevail characteristics of steadiness and leaning towards stability and constancy. In the dynamic state, the main characteristic is variability of the system of reproduction of economic interests, which determines / reacts to the processes of transformation and development of its constituent subsystems, potential opportunities, preferences and economic behavior of actors (changes in the endogenous environment), institutions and establishments, constraints and stabilizers (changes in the exogenous environment). The model of dynamic development of the system for reproduction of economic interests is proposed, the phases of its evolutionary and revolutionary development are substantiated.

Keywords