Assessing the Possibility of Global Economic Crisis
Sergey A. Surkov *
International Institute of Management, Moscow, Russia
Ellen G. Trofimova
Russian Medical Academy of Continuous Professional Education, Moscow, Russia
*Author to whom correspondence should be addressed.
Abstract
The existing literary sources do not provide an opportunity to forecast or develop measures to overcome the deterioration of economic activity. The authors consider the problems of the money circulation in its various forms, components, and relationships. The necessary parameters were determined by data from various literary sources. It is shown that certain interrelationships make it possible to construct the dependence of the probability of crisis phenomena on time. This dependence shows a singularity corresponding to the manifestation of the crisis. The formula obtained allows to predict the emergence of crisis phenomena and to seek ways to overcome them.
Keywords: Sustainable development, economic crises, secured money, total money supply