QUANTITATIVE AND QUALITATIVE ANALYSIS IN ECONOMICS
CONTROVERSY OF ECONOMIC GROWTH AND FINANCIAL STABILITY
Kristijan Ristić, Aleksandar Živković, Nataša Marjanovič
Abstract: In the recent theory of economic growth, there are multiple explanations for the "downward trend of economic growth", which has already been happening during the past decade in developed and emerging markets. Almost all economists have avoided researching the "hypothesis of the world without growth", dealing with Krugman's rhetoric of "secular stagnation is probable" or thinking about Koehn's rhetoric "get rid of dependence on growth”. The cult of growth is embedded in the economic, political and social heads so deeply, that for each of them growth is an imperative of life and death. In this pape, we examine the theses and controversies of economic growth and financial stability, and in this context, the development of economic theory as a whole.
Keywords: economic growth, financial stability, economic controversies.
Published: p. 127-135
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