Home  Journals  National Interests: Priorities and Security  39(132) - 2011 October

Strategy of developing economic system from a position of thermodynamics of irreversible processes

Available online: 1 November 2011

Subject Heading: ECONOMIC DEVELOPMENT STRATEGY

JEL Classification: 

Analysis of the socio-economic development in a globalizing world economy conducted using a thermodynamic model is showed that the interaction of economic systems at different levels of development can lead to absorption or elimination of some other systems that will eventually lead to a "heat death" in the economy. For developing countries there is only way to counter this threat, this is a new level of innovation that will serve as a barrier to foreign goods and capital.

Keywords: globalization, innovative development, foreign investment, the thermodynamic model, the economic system, entropy

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ISSN 2311-875X (Online)
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