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Item Details
| Title:
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EVOLUTIONARY DYNAMICS AND SUSTAINABLE DEVELOPMENT
A SYSTEMS APPROACH |
| By: |
Norman Clark, Francisco Perez-Trejo, Peter Allen |
| Format: |
Hardback |
| List price:
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£104.00 |
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We currently do not stock this item, please contact the publisher directly for
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| ISBN 10: |
1858982731 |
| ISBN 13: |
9781858982731 |
| Publisher: |
EDWARD ELGAR PUBLISHING LTD |
| Pub. date: |
1 January, 1995 |
| Pages: |
196 |
| Description: |
This work offers an approach to socio-economic systems which emphasizes their evolutionary nature. Economic development is shown as a process of structural change. The discussion in the book includes the use of decision tools which can simultaneously handle spatial and temporal evolution. |
| Synopsis: |
The strategic management of socio-economic systems is becoming increasingly difficult with traditional economic models which are unable to handle environmental and technological factors. In Evolutionary Dynamics and Sustainable Development, Norman Clark, Francisco Perez-Trejo and Peter Allen offer a new approach which emphasizes the evolutionary nature of socio-economic systems. This major book begins with a critical evaluation of conventional economic approaches to development planning and then explores how modern general systems theory can show economic development as a process of structural change. The discussion includes the use of decision tools which can simultaneously handle spatial and temporal evolution. The authors develop a model which they explore through case studies of both Senegal and Crete. The model is combined with risk analysis to show how it can be used in computer-based scenarios, before its properties as an aid to decision making are summarized in the last chapter.Defining development as a process of structural change in economic systems rather than in terms of economic output, this volume will be welcomed for its advocacy of non-linear models as decision tools and for its special reference to issues of economic development and environmental stability in Third World countries. |
| Publication: |
UK |
| Imprint: |
Edward Elgar Publishing Ltd |
| Returns: |
Returnable |
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