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Economic Development As An Adaptive Process
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Book Synopsis The Adaptive Economy by : Tony Killick
Download or read book The Adaptive Economy written by Tony Killick and published by World Bank Publications. This book was released on 1993-01-01 with total page 422 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores the relationship between economic adaptation and long-run development, with particluar emphasis on small, low- income economies. It also examines what makes for flexibility within an economy and how policy can affect an economy's ability to adapt to conditions over which it has no control. The premise is that all economies need to adapt to changing circumstances in order to achieve a reasonable pace of development. The author explains the forces to which economies need to respond, the attributes that increase an economy's capacity to adjust, the difficulties of adjustment, and what policy can do to facilitate adjustment. The author illustrates structure and flexibility within an economy and offers a guide to forming policy. Specific policy options are examined, among them using exchange rate fluctuations. The roles of government and markets in setting adjustment policies for industry, agriculture, and finance are explored. The study draws upon a wide range of material and avoids a narrowly economic point of view. The book is intended for use by economists working for or advising government agencies and for teachers and students of development economics. It includes an extensive reference list.
Book Synopsis Economic Development as an Adaptive Process by : Richard Hollis Day
Download or read book Economic Development as an Adaptive Process written by Richard Hollis Day and published by . This book was released on 1973 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Economic Development as an Adaptive Process by : Richard H. Day
Download or read book Economic Development as an Adaptive Process written by Richard H. Day and published by CUP Archive. This book was released on 1977-11-30 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: Agricultural development and adaptive economic theory; The Punjab simulation model; Tracking the green revolution; Recent developments and policy perspectives.
Book Synopsis The Divergent Dynamics of Economic Growth by : Richard H. Day
Download or read book The Divergent Dynamics of Economic Growth written by Richard H. Day and published by Cambridge University Press. This book was released on 2003-11-13 with total page 259 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explains how changing technology and economizing behaviour induce vast changes in productivity, resource allocation, labour utilization, and patterns of living. Economic growth is seen as a process by which businesses, regimes, countries, and the whole world pass through distinct epochs, each one emerging from its predecessor, each one creating the conditions for its successor. Viewed from a long-run perspective, growth must be characterized as an explosive process, marked by turbulent transitions in social and political life as societies adapt to new opportunities, the demise of old ways of living, and to the vast increase and redistribution of human populations. The book is based on a synthesis of classical economics and contemporary concepts of adaptation and economic evolution. Although it is based on analytical methods, the text has been stripped of all equations and with few exceptions is devoid of technical jargon.
Book Synopsis Development Projects as Policy Experiments by : Dennis A. Rondinelli
Download or read book Development Projects as Policy Experiments written by Dennis A. Rondinelli and published by Psychology Press. This book was released on 1993 with total page 226 pages. Available in PDF, EPUB and Kindle. Book excerpt: The complexity of the development process calls for an adaptive approach for assistance programmes which rely on strategic planning, responsiveness and experimentation and decision-making processes that join learning with action
Book Synopsis Economic Development as an Adaptive Process by : Richard Hollis Day
Download or read book Economic Development as an Adaptive Process written by Richard Hollis Day and published by . This book was released on 1977 with total page 326 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Economic and Social Development by : Edgar Streeter Dunn
Download or read book Economic and Social Development written by Edgar Streeter Dunn and published by Johns Hopkins University Press. This book was released on 1971 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: A growing concern with more general approaches to prediction and planning; Evolution and learning systems; Social learning as evolutionary experimentation; The emerging social science paradigm.
Book Synopsis Understanding the Process of Economic Change by : Douglass C. North
Download or read book Understanding the Process of Economic Change written by Douglass C. North and published by Princeton University Press. This book was released on 2010-05-09 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this landmark work, a Nobel Prize-winning economist develops a new way of understanding the process by which economies change. Douglass North inspired a revolution in economic history a generation ago by demonstrating that economic performance is determined largely by the kind and quality of institutions that support markets. As he showed in two now classic books that inspired the New Institutional Economics (today a subfield of economics), property rights and transaction costs are fundamental determinants. Here, North explains how different societies arrive at the institutional infrastructure that greatly determines their economic trajectories. North argues that economic change depends largely on "adaptive efficiency," a society's effectiveness in creating institutions that are productive, stable, fair, and broadly accepted--and, importantly, flexible enough to be changed or replaced in response to political and economic feedback. While adhering to his earlier definition of institutions as the formal and informal rules that constrain human economic behavior, he extends his analysis to explore the deeper determinants of how these rules evolve and how economies change. Drawing on recent work by psychologists, he identifies intentionality as the crucial variable and proceeds to demonstrate how intentionality emerges as the product of social learning and how it then shapes the economy's institutional foundations and thus its capacity to adapt to changing circumstances. Understanding the Process of Economic Change accounts not only for past institutional change but also for the diverse performance of present-day economies. This major work is therefore also an essential guide to improving the performance of developing countries.
Book Synopsis Adaptive Economic Growth by : Stan Tan Metcalfe
Download or read book Adaptive Economic Growth written by Stan Tan Metcalfe and published by . This book was released on 2010 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper develops an evolutionary theory of adaptive growth, understood as a product of structural change and economic self-transformation, based upon processes that are closely connected with but not reducible to the growth of knowledge. The dominant connecting theme is enterprise, the innovative variations it generates and the multiple connections between investment, innovation, demand and structural transformation in the market process. The paper explores the dependence of macroeconomic productivity growth on the diversity of technical progress functions and income elasticities of demand at the industry level, and the resolution of this diversity into patterns of economic change through market processes. It is shown how industry growth rates are constrained by higher-order processes of emergence that convert an ensemble of industry growth rates into an aggregate rate of growth. The growth of productivity, output and employment are determined mutually and endogenously, and their values depend on the variation in the primary causal influences in the system.
Download or read book Adaptive Use written by Thomas J. Martin and published by . This book was released on 1978 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Understanding the Process of Economic Change by : Douglass C. North
Download or read book Understanding the Process of Economic Change written by Douglass C. North and published by Princeton University Press. This book was released on 2010-04-19 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this landmark work, a Nobel Prize-winning economist develops a new way of understanding the process by which economies change. Douglass North inspired a revolution in economic history a generation ago by demonstrating that economic performance is determined largely by the kind and quality of institutions that support markets. As he showed in two now classic books that inspired the New Institutional Economics (today a subfield of economics), property rights and transaction costs are fundamental determinants. Here, North explains how different societies arrive at the institutional infrastructure that greatly determines their economic trajectories. North argues that economic change depends largely on "adaptive efficiency," a society's effectiveness in creating institutions that are productive, stable, fair, and broadly accepted--and, importantly, flexible enough to be changed or replaced in response to political and economic feedback. While adhering to his earlier definition of institutions as the formal and informal rules that constrain human economic behavior, he extends his analysis to explore the deeper determinants of how these rules evolve and how economies change. Drawing on recent work by psychologists, he identifies intentionality as the crucial variable and proceeds to demonstrate how intentionality emerges as the product of social learning and how it then shapes the economy's institutional foundations and thus its capacity to adapt to changing circumstances. Understanding the Process of Economic Change accounts not only for past institutional change but also for the diverse performance of present-day economies. This major work is therefore also an essential guide to improving the performance of developing countries.
Book Synopsis Adaptive Economic Models by : Richard Hollis Day
Download or read book Adaptive Economic Models written by Richard Hollis Day and published by . This book was released on 1975 with total page 600 pages. Available in PDF, EPUB and Kindle. Book excerpt: Adaptive processes and economic theory; Biological systems as paradigms for adaptation; Optimization and evolution in the theory of the firm; The market adaptation of the firm; Learning by firms about demand conditions; Further notes on the allocation of effort.
Book Synopsis The Process of Economic Development by : James M. Cypher
Download or read book The Process of Economic Development written by James M. Cypher and published by Routledge. This book was released on 2002-01-31 with total page 777 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 2002. Routledge is an imprint of Taylor & Francis, an informa company.
Download or read book Adaptive Use written by and published by . This book was released on 1978 with total page 246 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Theory of Money and Financial Institutions by : Martin Shubik
Download or read book The Theory of Money and Financial Institutions written by Martin Shubik and published by MIT Press. This book was released on 1999 with total page 472 pages. Available in PDF, EPUB and Kindle. Book excerpt: This first volume in a three-volume exposition of Shubik's vision of "mathematical institutional economics" explores a one-period approach to economic exchange with money, debt, and bankruptcy. This is the first volume in a three-volume exposition of Martin Shubik's vision of "mathematical institutional economics"--a term he coined in 1959 to describe the theoretical underpinnings needed for the construction of an economic dynamics. The goal is to develop a process-oriented theory of money and financial institutions that reconciles micro- and macroeconomics, using as a prime tool the theory of games in strategic and extensive form. The approach involves a search for minimal financial institutions that appear as a logical, technological, and institutional necessity, as part of the "rules of the game." Money and financial institutions are assumed to be the basic elements of the network that transmits the sociopolitical imperatives to the economy. Volume 1 deals with a one-period approach to economic exchange with money, debt, and bankruptcy. Volume 2 explores the new economic features that arise when we consider multi-period finite and infinite horizon economies. Volume 3 will consider the specific role of financial institutions and government, and formulate the economic financial control problem linking micro- and macroeconomics.
Book Synopsis A Select Bibliography On Economic Development by : John P. Powelson
Download or read book A Select Bibliography On Economic Development written by John P. Powelson and published by Routledge. This book was released on 2019-05-20 with total page 474 pages. Available in PDF, EPUB and Kindle. Book excerpt: This bibliography of more than 2,000 titles contains both books and journal articles, primarily those published since 1970. Most of the entries are annotated. The material is classified according to forty-eight categories, and there is also a list of relevant titles for each major country in Africa, Asia, and Latin America.
Book Synopsis Agriculture and the Development Process by : D. P. Chaudhri
Download or read book Agriculture and the Development Process written by D. P. Chaudhri and published by Routledge. This book was released on 2019-08-06 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 1985. The need to increase agricultural output and to use increased output to generate sustained general economic development is a problem facing many Third World countries. This book explores in particular the agricultural growth of the Punjab in Northern India, a country which has long been a leader in the formulation of new development strategies. It shows how agricultural output is affected by, and affects, demographic changes, income distribution, state involvement and structural changes both in society and the economy. Agricultural growth in the Punjab is seen in an historical perspective. In addition, the different aspects of economic development are viewed in an integrated way so that much is learned about the contribution of agricultural growth to the development process. The conclusions drawn can be related to problems and trends worldwide.
