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Contradiction of Influence of Crises on Growth and Development of Socio-economic Systems

“Conflict-Free” Socio-Economic Systems

ISBN: 978-1-78769-994-6, eISBN: 978-1-78769-993-9

Publication date: 4 July 2019

Abstract

Originality/value

It is substantiated that influence of crises on growth and development of socio-economic systems is contradictory. On the one hand, crisis leads to temporary decline of GDP and slows down the development of socio-economic systems. On the other hand, crisis opens new possibilities for further growth and development of these systems, preventing their stagnation.

Keywords

Citation

Ermolina, L.V., Manukyan, M.M. and Podbornova, E.S. (2019), "Contradiction of Influence of Crises on Growth and Development of Socio-economic Systems", Popkova, E.G. (Ed.) “Conflict-Free” Socio-Economic Systems, Emerald Publishing Limited, Bingley, pp. 119-126. https://doi.org/10.1108/978-1-78769-993-920191014

Publisher

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Emerald Publishing Limited

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