Evolutionary Dynamics and Sustainable Development

Norman Clark, Francisco Perez-Trejo and Peter Allen

in Books from Edward Elgar Publishing

Abstract: 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.

Keywords: Development Studies; Economics and Finance (search for similar items in EconPapers)
JEL-codes: O1 (search for similar items in EconPapers)
Date: 1995
ISBN: 9781858982731
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Citations: View citations in EconPapers (18)

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