The Stabilization Pentagon Model: application in management at macro- and microlevels

Abstract

The problem of instability of the industries, clusters and states influences the economies of the countries. Unavoidable changes became an attribute of the strategic planning at every level. As a result, the effective tool to evaluate stability at different levels in a way that will enable managing the changes is needed. In this contribution the concept of Macroeconomic Stabilization Pentagon (MSP) was analyzed for its applicability for the EU countries of low-an-middle-income economies including Ukraine. The data analysis brought new understanding of public policies effectiveness assessment. The model is proved to be promising not just in a sphere of public administration, but in a sphere of management at micro level. Authors proposed the Microeconomic Stabilization Pentagon to be implemented in the research at the enterprise level.