Globalisation, Global Challenges and Global Chaos. The Need of a New Approach

Abstract

The research in the paper is based on the idea that the present crisis is very complex and unique. In order to quantify the defence capacity of different regional economic entities against the crisis’ impact, a new mathematical model is proposed. It covers some representative indicators which have high impact on present human society. The model was implemented on four important regional economic entities and pointed out the disparities in fighting against the present crisis. The model can be used as an operative instrument for the supra/national/regional decision makers. It can be easily extended to more indicators and more regional economic entities.