CYCLICITY & CHAOTICS IN POST-CRISIS CONTEXT


                 Aurel Burciu, „Ștefan cel Mare” University of Suceava, Romania
                 Rozalia Kicsi, „Ștefan cel Mare” University of Suceava, Romania


ABSTRACT: The current global crisis has generated in economic and management theory numerous
questions/ dilemmas, because the magnitude of the crisis surprising the entire capitalist world. Juglar
cycles, Kuznets cycles and Kondratieff cycles are well known in economic theory but their findings
have been deliberately ignored by policy makers. The current theory discusses about the chaotics of
the business environment, the instability and highly sinuous evolution of economic life. Regarding
the study of cyclicity in business at the firm level, this subject has been and remains more complex by
its very nature. From the perspective of our research, we aim to highlight the relation of
interdependence between the macroeconomic cycles and business development at the company/firm
level.

Keywords: chaos, chaotics, business cycle, global crises, EBC, MBC

JEL Codes: M20, M21