Managing Systemic Bad Debt with System Gap Theory
by
Hema Senanayake
Language: English
Release Date: September 10, 2012
The development of physical productive forces is not cyclical, but we have a macroeconomic system that follows boom-and-bust cycles. If the development of physical productive power behaves in a boom-and-bust cyclical pattern, we have to tolerate the boom-and-bust cycle of macroeconomic output and...