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HERO ID
448734
Reference Type
Journal Article
Title
Foresight stability under conditions of economic crisis
Author(s)
Andreica, M; Mihailescu, I; Andreica, CT; Andreica, ME
Year
2009
Volume
14
Page Numbers
179-181
Language
English
Abstract
The economic crisis that deepens in the world economy makes any long-term forecast unnecessary. Assumptions which underlie them "slip" at shorter intervals of time required to adapt them to new conditions. Basically, they will be "handled" within the meaning of resizing in time, space and volume. November will be formulated hypotheses and future developments adapted to the new conditions of the evolution of the determining factor. Any adjustment can be costly because it may lead to the waiving of certain targets by "cost" significant for the economy. That is why the authors focused their research on issues of stability and forecasting possible upgrade.
Keywords
economic crisis; stability; handling; forecasting; inertia
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