Evidence shows that the paths of growth followed by different countries are diverse. While some countries present a fast growth, other countries show a moderate or even, a slight growth. The first behavior could be justified by means of positive feedback loops that provoke strong accumulations while the second one could be explained through interrelationships of positive and negative feedback loops. To generate process of growth, this paper constructs a system dynamics model considering a causal structure that gathers decisions of consumers, firms and a government in an economy. A simulation exercise obtains different paths of growth taking into account both different governmental strategies and boom and bust cycles. Due to the possibilities that the model offers different political aspects tied to governmental strategies, such as distribution of wealth, degree of corruption or level of education, are examined.

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Date created

• 2010 July 25-2010 July 29

Type

• Document

Processing Activity

• Processing documentation available at: https://wiki.albany.edu/display/SCA/Processing+Ingested+Digital+Files

License

• Creative Commons BY-NC-ND Attribution-NonCommercial-NoDerivs 4.0 International

  
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ITEM CONTEXT

Part of

17bfad39e1d09bfe17f82d7ae001449f

Scope and Contents

Part of

23d738ba88f8333bc39725f9cb5bd0b8

Scope and Contents

Part of

516b485dacfb3c26da448243f0948912

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Collection

System Dynamic Society Records

Scope and Contents

Collecting area

• This collection is part of the University Archives