| Abstract [eng] |
The system of our economy is not stable, it is very often affected by various booms and declines. Every cycle of the economy, whether it is recession or expansion, has a huge influence on the main macroeconomic indicators - GDP, inflation, deflation, unemployment, interest rates etc. Classical economics has been researching the causes of financial and economic crisis for quite a long time, but still have controversial answers about what exactly creates these crisis and what are the fundamental factors that periodically trigger them. The unknown fundamental reasons and more severe outcomes with every new crisis, suggests, that we need a new knowledge, theories that can answer unanswered questions, and could create some prevention system to avoid, or at least to cushion, undesirable effect of these negative economic events. One of these new theories’ might be the logistic theory of capital management. The object of the paper is the economic crisis in the Europe Union of 2008. The main target is to research this crisis according to the concepts of the logistic theory of capital management. Additional tasks that need to be implemented for achieving the main objective are: to refine definitions of the financial crisis and economic crisis; to classify the main theories explaining the financial and economic crisis; to review the types of market and the phenomena of increasing profitability (the logistic approach); to create a model for the evaluation of the prevalence or the logistic concepts in the growth sequence; to model the capacity of the GDP and stock exchange indexes in EU for the year 2008 (using Loglet Lab 2.0). The initial research data is collected for the period of 2000 – 2009. The accomplished research has shown, that fundamental factors, that generate financial and economic crisis, such as capacity of closed markets (or any other system) and phenomena of increasing profitability, are extremely significant. Classical economists so far haven’t been able to evaluate these factors, therefore they couldn’t fully understand how financial and economic crises are generated. This can be considered as an immense gap in their theories. The research has also helped to make the following conclusion: the growth that exceeds the capacity of any closed system in which this growth is being generated can be considered as a bubble effect. This paper consists of introduction, three parts and suggestions. The main material is revealed in 71 pages, including 21 tables and 14 pictures. |
