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Evolutionary Dynamics and Sustainable Development

A Systems Approach

Format: Hardback
Publisher: Edward Elgar Publishing Ltd, Cheltenham, United Kingdom
Published: 19th Oct 1995
Dimensions: w 234mm h 156mm d 20mm
Weight: 471g
ISBN-10: 1858982731
ISBN-13: 9781858982731
Barcode No: 9781858982731
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.

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'The discussions in the book do an excellent job of explaining the type of interactive model that will be needed for sustainable development policy.' -- 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.' -- M. Batty, Environment and Planning