In this paper, we apply information theory measures and Markov processes in order to analyse the inequality in the distribution of the financial risk in a pool of countries. The considered financial variables are sovereign credit ratings and interest rates of sovereign government bonds of...

In this paper, we apply information theory measures and Markov processes in order to analyse the inequality in the distribution of the financial risk in a pool of countries. The considered financial variables are sovereign credit ratings and interest rates of sovereign government bonds of...

Universal and rigorously derived concept of dynamic complexity (ccsd-00004906) shows that any system of interacting components, including society and civilisation, exists only as a process of highly inhomogeneous, qualitative development of its complexity. Modern state of civilisation...

The recently proposed new, universally applicable, rigorously derived and reality-based concept of dynamic complexity provides a unified basis for the causally complete understanding of any real, multi-component and multi-level system of interacting entities, including the case of earth system...