Showing 1 - 7 of 7
This chapter presents an application of competitive general equilibrium theory of markets in the spirit of Walras, formalized in the 1950s by K. Arrow and by G. Debreu. In using general equilibrium theory to generate insight into current policy issues, it follows a tradition established by Arrow...
Persistent link: https://www.econbiz.de/10005790445
This article outlines work in progress on a study of technological choice in the context of North-South development. Its main purpose is to describe the methodology being developed in the pilot phase of the study. This is of interest because it links together a number of analytic...
Persistent link: https://www.econbiz.de/10005837262
This paper and appendices report an ongoing study of the interrelationships between technology, income distribution and other socio-economic issues in a long term global context. The present paper therefore describes the work in progress on a project to be completed by July 1980. The aim here is...
Persistent link: https://www.econbiz.de/10005619327
The concept of basic needs is today at the center of many discussions about development and the international order. Some international organizations are rethinking their prior evaluation of development policies based largely on aggregate economic output, in particular, the welfare of the very...
Persistent link: https://www.econbiz.de/10005619684
This article describes the macroeconomic model used in an ongoing study of technology policies and North-South relations. Other aspects of the study have been described elsewhere [1,2]. We examine here the rationale for the theoretical structure used in the model, the details of the equations,...
Persistent link: https://www.econbiz.de/10005619886
The problem of endowing preferences with manifold structures emerged from discussions with Gerard Debreu in 1975 . Time has shown that such structures can be useful in understanding the behavior of economic systems . In Chichilnisky (1976) spaces of smooth preferences were endowed with a Hilbert...
Persistent link: https://www.econbiz.de/10005623317
This paper analyses both the basic assumptions and the results of the better known and widely used global models - specifically, the UN world model, the RIO (Reshaping the International Order) model and the Bariloche model - in relation to basic needs and to North-South interdependence. The...
Persistent link: https://www.econbiz.de/10005626868