System dynamics: a learning and problem solving approach to development policy
Khalid Saeed
Global Business and Economics Review, 2002, vol. 4, issue 1, 81-105
Abstract:
Developmental problems are invariably perceived as existing conditions, which must be alleviated. This often removes a policy from the factors that created the problem in the first instance. System dynamics, a learning and problem solving process combining modeling and computer simulation, on the other hand requires that a problem is viewed as an internal behavioral tendency found in a system so its causes can be determined before a corrective action is initiated. A pattern representing internal dynamics of a system, called a reference mode, must be constructed before developing a model that serves as an experimental apparatus to create a policy design for system change. Such a problem solving process is also appropriate for dealing with developmental problems so their causes rather than only symptoms are addressed by a developmental policy. A learning process based on a well-known model of experiential learning is used to describe the various steps entailed in the implementation of system dynamics, which is suggested as an alternative approach to designing developmental agendas.
Keywords: sustainable development; economic development; development planning; policy design; system dynamics; modelling; experiential learning; development policy. (search for similar items in EconPapers)
Date: 2002
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Persistent link: https://EconPapers.repec.org/RePEc:ids:gbusec:v:4:y:2002:i:1:p:81-105
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