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Stabilization Pentagon Model: application in the management at macro- and micro-levels

Journal: Problems and Perspectives in Management (Vol.15, No. 3)

Publication Date:

Authors : ; ;

Page : 42-52

Keywords : development; index methodology; instability; macroeconomic stabilization pentagon; microeconomic stabilization pentagon; stability; stabilization;

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The problem of instability of industries, clusters and states influences the countries' economies. Unavoidable changes became an attribute of the strategic planning at every level. As a result, an effective tool is needed to evaluate stability at different levels in such a way that will make it possible to manage the changes. In this paper the concept of Macroeconomic Stabilization Pentagon (MSP) was analyzed for its applicability for the EU countries of low-an-middle-income economies including Ukraine. The data analysis brought new understanding of the assessment of the public policies' effectiveness. The model has proven its efficiency not just in the sphere of public administration, but also for the micro level management. The authors proposed the Microeconomic Stabilization Pentagon to be implemented in the research at the level of enterprises.

Last modified: 2018-03-06 21:18:30