The analysis of technological change is centered on the study of the evolution of technical coefficients in the input-output table. Complementary to this analysis, the household consumption expenditure matrix, relating consumption by commodities to consumption by purpose or by function, also...

In international economic relations, when movements of labour are limited and fiscal redistributive policies non-existent, changes in the terms of trade (the ratio between the prices of exports and imports) are the main driving force for the international redistribution of incomes or of...

Practitioners of futures research think that most modelling, and especially economic modelling, is concerned with forecasting. Since it is generally agreed that futures research is not concerned with deterministic views of the future, futures researchers have turned their back on quantitative...

In the twenty‐first century, the forces of information technology, markets and globalization will continue to be felt and will bring about both positive and negative effects. The past century saw these forces contribute to the wealth of nations but the greatest challenge for economists in the...

In 1930, John Maynard Keynes explored long‐term economic growth, anticipating that the economic problem of scarcity was likely to vanish in a century’s time. The Keynes’ scenario is confronted with current developments related to the growth of services and to the distributional and...

Purpose – This paper aims to present an analysis of entrepreneurial activities that emphasises anticipation and the art of future exploration; in so doing, it identifies important aspects of entrepreneurship as aesthetic or creative activities. Design/methodology/approach – After a short...

Purpose – The purpose of this paper is to apply interpretive structural modelling in the clarification of the perceptions of different individuals in a managerial group in order to improve group decision making. To limit conflict and increase shared knowledge in group decision making, there is...