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Conceptual Model of Conflict of Socio-economic System as an Analogue of the Model of Economic Cycle

Ch. 17. P. 155–161.
Bogoviz Aleksei V, Alekseev A., Titova O., Latysheva V., Ragulin A.

The offered conceptual model of conflict of a socio-economic system as an analogue of the model of economic cycle allows specifying the methodology of studying economic crises, which are manifestations/examples of economic conflicts. This model emphasizes the dichotomic nature of economic conflict (its probable negative or positive consequences), which allows for more precise treatment of economic crisis – which is usually considered to be a negative phenomenon. According to the offered model, crisis is not a phase of economic cycle but socio-economic process that is characterized by cyclic fluctuations. As is expected, the developed model will allow describing the practice of development of modern socio-economic systems with higher precision.

Language: English
DOI
Text on another site
Keywords: effectivenessconflictssocio-economic systemsCrisisTheory of cyclesModel of economic cycleBalance

In book

"Conflict-Free" Socio-Economic Systems: Perspectives and Contradictions
"Conflict-Free" Socio-Economic Systems: Perspectives and Contradictions
Bingley: Emerald Group Publishing Limited, 2019.
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