On Mechanism of Recession Phenomenon

On one criterion for the permanent economy development

“…The purpose of the paper is to formulate the principle of the permanent economy development and to give the criterion of the closeness the economy system to the recession state. As it was shown one of the author in the papers [1,2,3,4,5] the closeness to the recession state is characterized by the quality of the economy equilibrium. If the degeneracy multiplicity of the economy equilibribrium state is not high then we can say about the permanent economy development.…”

“…If the degeneracy multiplicity of the economy equilibribrium state is not high then we can say about the permanent economy development. In case if the degeneracy multiplicity is high then it means that the demand for the determining group of goods is low.With the sufficiently low demand for the determining group of goods, the economic system may fall into recession [1,2,3,4,5]. At the macroeconomic level, this is accompanied by a devaluation of the national currency, inflation, a fall in assets prices.…”

“…There are many factors destabilizing economy, however, all they are only a trigger to scrap the exchange mechanism. The hidden cause of the exchange mechanism breakdown is the quality of equilibrium state that can be determined by the structural characteristics of the economy [1,2,3,4,5]. How does monetary policy affect the recession in the economy?…”

On the sustainable economy development of some European Countries

“…The purpose of the paper using the above principle of the sustainable economy development to investigate the closeness of the economy system to the recession state for three European countries. As it was shown one of the author in the papers [ 3,4,5,6,7] the closeness to the recession state is characterized by the quality of the economy equilibrium. If the degeneracy multiplicity of the economy equilibribrium state is not high then we can say about the sustainable economy development.…”

“…If the degeneracy multiplicity of the economy equilibribrium state is not high then we can say about the sustainable economy development. In case if the degeneracy multiplicity is high then it means that the demand for the determining group of goods is low.With the sufficiently low demand for the determining group of goods, the economic system may fall into recession [ 3,4,5,6,7] . At the macroeconomic level, it is accompanied by a devaluation of the national currency, inflation, a fall in assets prices.…”