Recent economic history suggests that a key element in economic growth and development for many countries has been an aggressive export policy and a complementary import policy. Such policies can be very effective provided that resources are used wisely to encourage exports from industries that can be com- petitive in the international arena. Also, import protection must be used carefully so that it encourages infant industries instead of providing rents to industries that are not competitive. Policy makers may use a variety of methods of analysis in planning trade policy. As computing power...
Recent economic history suggests that a key element in economic growth and development for many countries has been an aggressive export policy and a c...
In the past fifteen years a new field of research has emerged in economics: the application of control theory methods to macroeconomics and to microeconomics. The papers and books which have resulted from this research are important to the development of theoretical and applied economics. However, they are inaccessible to many with interest in economics because of the technical nature of the discussion. This book attempts to make the macro- economic portion of this literature more accessible by providing a discussion of the key issues using words and figures rather than mathematical symbols....
In the past fifteen years a new field of research has emerged in economics: the application of control theory methods to macroeconomics and to microec...
