Quantitative analysis of money cycle and economic stability in economocracy
The paper discusses economocracy and representative econo-mocracy as innovative approaches proposed by author. These new economic systems, analogous to the political system of de-mocracy, aim at managing global debt and promoting economic sustainability. Economocracy is presented as a reformed economic system, distinct from capitalism, that incorporates the mechanisms of a free-market economy to address disruptions such as wars (re-construction of countries), recessions and economic crises. The results imply that economocracy has the potential to provide so-lutions to global economic issues by effectively circulating capital while promoting democratic governance and stable economies. The research involves a quantitative analysis of economic mod-els, specifically focusing on the Economic Productive Reset (EPR) and Economic Periodic Injections (EPI) as tools to alleviate global indebtedness and maintain economic stability.
Authors
- Constantinos Challoumis - Κωνσταντίνος Χαλλουμής (ORCID: https://orcid.org/0000-0002-7436-0506)
Institutions
- National and Kapodistrian University of Athens (GR)
Publication Details
- Journal
- Research Papers in Economics and Finance
- Published
- 2024-12-31
- DOI
- https://doi.org/10.18559/ref.2024.2.1709
- Citations
- 2
- Primary Topic
- Economic Development and Digital Transformation
- Type
- article
- Field-Weighted Citation Impact
- 1.66