Global Transition: A General Theory of Economic Development

Global Transition: A General Theory of Economic Development

by G. Snooks
     
 

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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…  See more details below

Overview

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.

Editorial Reviews

Booknews
Building on the Dynamic-Strategy Model he developed in his 1998 , Snooks (economics, Australian National U.) analyzes the problems and prospects of the Third World. He generalizes his theory into the Global Strategic Transition Model and shows how it portrays the process by which an increasing number of societies are drawn into the vortex of dynamic interaction between the world's most economically advanced nations. The central feature of his enlarged model is the global strategic demand-response mechanism, which involves interaction between the world's expanding strategic core and its economic fringe. Annotation c. Book News, Inc., Portland, OR (booknews.com)
From the Publisher

Snooks offers an original analysis of the economic development process and policies to achieve development. Choice

Product Details

ISBN-13:
9780333771471
Publisher:
Palgrave Macmillan UK
Publication date:
08/31/1999
Edition description:
1999
Pages:
395
Product dimensions:
5.51(w) x 8.50(h) x (d)

Meet the Author

Graeme Donald Snooks is Coghlan Professor in Economics at the Institute of Advanced Studies, Australian National University.

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