COMPETITION AND STABILITY
COMPETITION AND STABILITY

Summary/Abstract: Referring to the flattening of the macroeconomic fluctuation, and dissipation of imbalances of economy, the economic stability is seen as the perfect environment for economic growth and development. Still, the post-war evolution of the contemporary economies had shown that growth can happen even when we face serious dis-equilibria, such as unemployment, inflation, and even the budgetary deficit. Moreover, springing from the Keynesian incitation to raising expenses, the all governments act as if the budgetary deficit is the normal situation for the markets to survive. Is competition fueled by the chronic unbalances?

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