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Global Transition: A General Theory of Economic Development

Global Transition: A General Theory of Economic Development

Hardcover

Series: General Theory of Economic Development

EconomicsGeneral Political Science

ISBN10: 0333771478
ISBN13: 9780333771471
Publisher: Springer Nature
Published: Aug 31 1999
Pages: 395
Weight: 1.48
Height: 1.06 Width: 5.50 Depth: 8.50
Language: English
Global Transition is an innovative study that analyses the problems and prospects of the Third World by building on the theoretical contribution - the dynamic-strategy model - made in the author's acclaimed Longrun Dynamics . It formulates a general economic and political theory he calls the global strategic transition (GST) model. The central feature of this model is the global strategic demand-response mechanism involving an interaction between the world's expanding strategic core and its fringe, which is facilitated through strategic inflation. This model also provides the basis for a new policy approach to economic development.

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Economics