Global Models and the International Economic Order

Global Models and the International Economic Order

A Paper for the United Nations Institute for Training and Research Project on the Future

1st Edition - January 1, 1977

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  • Author: Sam Cole
  • eBook ISBN: 9781483155210

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Description

Global Models and the International Economic Order: A Paper for the United Nations Institute for Training and Research Project on the Future focuses on the impact of global models in decision-making processes and in the pursuance of United Nations objectives as manifested in the concept of the New International Economic Order. The book first offers information on the description and results of studies, including limits to growth, Strategy for Survival model, Latin American world model, global constraints and vision for development, and the United Nations World Input-Output model. The manuscript also examines the comparison of model results. Concerns include structure of models, regionalization in the models, trade and aid, assumptions about demand and overall supply, and levels of regional development. The text also ponders on methodological considerations, as well as structure, detail, and feedback; calibration; sensitivity and scenario analysis; and optimizing models. The manuscript is a dependable reference for readers interested in the use of global models in decision making processes.

Table of Contents


  • Table of Contents

    Preface

    1. Introduction

    Aims and Content

    The Terminology of Modeling

    2. Description and Results of the Studies

    The Limits to Growth

    The Strategy for Survival

    The Latin American World Model

    Global Constraints and a New Vision for Development

    The United Nations World Input-Output Model

    3. Comparison of the Model Results

    The Structure of the Models

    Regionalization in the Models

    Trade and Aid

    Levels of Regional Investment

    Assumptions about Demand

    (i) Population

    (ii) Patterns of Expenditure and Consumption

    Assumptions about Overall Supply

    (i) The Availability of Natural Resources

    (ii) Technological Change

    (iii)Employment

    4. Methodological Considerations—The Limits to Modeling

    Structure, Detail and Feedback

    Data

    Calibration

    Sensitivity and Scenario Analysis

    Optimizing Models

    5. Conclusions—Where Do We Go from Here?

    Selected Bibliography and References

Product details

  • No. of pages: 92
  • Language: English
  • Copyright: © Pergamon 1977
  • Published: January 1, 1977
  • Imprint: Pergamon
  • eBook ISBN: 9781483155210

About the Author

Sam Cole

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