Mathematical and Quantitative Methods

Fundamental Advantages of the Systematic Structural & Methodological Instruments for Elaboration of Development Strategies

Asen Kovachev - Economic Research Institute аt BAS
Received: 15 Jun 2022
Revised:
Published:
Downloads: 0
Citations: 0
Issue 3/2010
JEL С82 О21

Abstract

Twelve advantages of the systematic structural approach are outlined as an alternative of the applied structural – indifferent approach for elaboration of development strategies. The presented approach has become a methodological instrument (algorithm) in the form of an iterative procedure. It is applicable only for the open productive systems with compensation feedback. The multiplier effect and the activity of the automatic stabilizers were realized for maintenance of the dynamically changing equilibrium (balance) between the expected results and the required resources.


How to publish

Are you an author? Please read our publishing terms first.

Learn