
Paradigm change: from economic growth to sustainable value creation
Author(s) -
Liubovi Prodan-Șestacova
Publication year - 2021
Publication title -
administrarea publică
Language(s) - English
Resource type - Journals
ISSN - 1813-8489
DOI - 10.52327/1813-8489.2021.1(109).07
Subject(s) - economic system , state (computer science) , climate change , value (mathematics) , digital transformation , process (computing) , economic transformation , task (project management) , business , economics , political science , computer science , ecology , management , algorithm , machine learning , biology , operating system , law
The dynamics of the development of economic systems is characterized by the evolution of institutions, of the resources used, of the applied technologies, of the relations between the subjects of the economic activity and other associated transformations. The current period is characterized by a series of changes that affect all components of the global economic system: digital transformation, climate change, systemic crises of state administrations, economic crises, global pandemic, etc. It is clear that these changes will shape a new economic system. The current task of the main actors in this process is to assign to this new system a series of characteristics that will not be random, but controllable, desired and accepted by all stakeholders