Evolutionary Dynamics and Sustainable Development: A Systems Approach - Hardcover

Clark, Norman; Perez-Trejo, Francisco; Allen, Peter

Hardcover

ISBN 10: 1858982731 ISBN 13: 9781858982731

Publisher: Edward Elgar Publishing Ltd, 1995

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.

About this title

About the Author

Norman Clark, Director, Graduate School of Envrionmental Studies, University of Strathclyde, UK, Francisco Perez-Trejo, WAICENT Manager, Rome, Italy and Peter Allen, School of Management, Cranfield University, UK

Edition details

• Publisher: Edward Elgar Publishing Ltd
• Publication date: 1995
• Language: English
• ISBN 10: 1858982731
• ISBN 13: 9781858982731
• Binding: Hardcover
• Number of pages: 196