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Complexity Economics and Sustainable Development - Omar A. Guerrero, Gonzalo Castañeda

Complexity Economics and Sustainable Development

A Computational Framework for Policy Priority Inference
Buch | Softcover
420 Seiten
2024
Cambridge University Press (Verlag)
978-1-009-01654-4 (ISBN)
CHF 59,95 inkl. MwSt
Provides a novel framework for overcoming analytical challenges in sustainable development. It walks the reader through an analytic toolkit and familiarises them with a diverse set of empirical applications. Audience includes academics from development economics, policy sciences, computational social science, and complexity science.
The Sustainable Development Goals are global objectives set by the UN. They cover fundamental issues in development such as poverty, education, economic growth, and climate. Despite growing data across policy dimensions, popular statistical approaches offer limited solutions as these datasets are not big or detailed enough to meet their technical requirements. Complexity Economics and Sustainable Development provides a novel framework to handle these challenging features, suggesting that complexity science, agent-based modelling, and computational social science can overcome these limitations. Building on interdisciplinary socioeconomic theory, it provides a new framework to quantify the link between public expenditure and development while accounting for complex interdependencies and public governance. Accompanied by comprehensive data of worldwide development indicators and open-source code, it provides a detailed construction of the analytic toolkit, familiarising readers with a diverse set of empirical applications and drawing policy implications that are insightful to a diverse readership.

Omar A. Guerrero is the Head of Computational Social Science Research at The Alan Turing Institute, London. He was an Oxford Martin Fellow at the University of Oxford and a Senior Research Fellow at the University College London, as well as consulted for governmental bodies and international organisations. Gonzalo Castañeda is professor in Economics at CIDE, Mexico City. He has been a visiting scholar in various universities and research centres in the US and Europe. His previous research includes the book: The Paradigm of Social Complexity, which covers diverse approaches to economic thinking and modelling.

Part I. A Complexity Approach to Sustainable Development: 1. Introduction; 2. Policy prioritisation, complexity, and agent computing; 3. Relevant data and empirical challenges; 4. A computational model; 5. Calibration and validation; Part II. A Global View of Sustainable Development: 6. The feasibility of the sustainable development goals; 7. Government spending and structural bottlenecks; 8. Public governance and sustainable development; 9. The impact of international aid; Part III. A Focalised View of Sustainable Development: 10. Subnational development and fiscal federalism; 11. Accelerators and systemic bottlenecks; 12. Deprivation, income shocks, and remittances; 13. Lessons and reflections.

Erscheinungsdatum
Zusatzinfo Worked examples or Exercises
Verlagsort Cambridge
Sprache englisch
Themenwelt Wirtschaft Volkswirtschaftslehre Makroökonomie
ISBN-10 1-009-01654-7 / 1009016547
ISBN-13 978-1-009-01654-4 / 9781009016544
Zustand Neuware
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