Modeling of crisis situations as one of regulation forms

Abstract

Modeling of crisis situations as one of regulation forms

Zorabyan S.E., Gromakova V.G., Serdyuchenko Ya.V.

Incoming article date: 12.09.2014

The article is devoted to the economic crisis . The article reveals the causes of the crisis in diversity, reflecting the objective and subjective features. The nature of economic development aimed at making a profit is revealed. The consequences and causes of the crisis are closely related factors. One of the models out of the crisis is considered over-investment that leads to an abundance of goods that society can not consume. Rapid technological advances associated with the investment, do not necessarily lead to a crisis. Their effect may be in abnormal artificially inflated consumption. Another model is the development of the financial and credit system that contribute to the accelerated development of the economy. Globalization as a kind of model leads to the instability of the national economies. To date, commercial, financial and credit relations tied together the economies of most countries. Now states have become parties in the economic competition, credit and financial relations, which weakened their role stabilizing fiscal policy within their own countries. Also the psychological factors have important role in crisis, since the behavior of economic actors may be a "trigger".

Keywords: Economic crisis, production, profit, factor, management, investment, technical progress, consumption, banking system, economic activity.