System Thinking for Economics

This area discusses various topics with respect to applying System Thinking for Economic governance.

Why is that in some in some countries fiscal leverage is more effective than others ?

Why is that European Austerity measures are failing dismally ?

Why is that certain countries are in a deep economic crisis such as Greece, Italy ect… without any light at end of the tunnel ?

Why is that the economic financial crisis of 2009 could not be avoided or limited ?

Do system archetypes help to manage economic policy and direction ?

Some interesting reading : A system dynamics model about public corruption, the influence of bribes on economic growth 

http://www.systemdynamics.org/conferences/2007/proceed/papers/SOTO-172.pdf

 

Interesting reading on current economic crisis and applying causal loop diagram.

http://www.appliedsystemsthinking.com/supporting_documents/FinlCrisis.pdf


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