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

Product 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.

Review:

‘The discussions in the book do an excellent job of explaining the type of interactive model that will be needed for sustainable development policy.’ Author: R.V. O’Neill, Ecological Economics

‘This book provides a clear and insightful discussion of these issues and is important reading to those concerned with the complexity of cities.’ Author: M. Batty, Environment and Planning

About this edition

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