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Books > Business & Economics > Economics > Political economy
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Network Origins of the Global Economy - East vs. West in a Complex Systems Perspective (Hardcover)
Loot Price: R1,178
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Network Origins of the Global Economy - East vs. West in a Complex Systems Perspective (Hardcover)
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The upheavals of recent decades show us that traditional models of
understanding processes of social and economic change are failing
to capture real-world risk and volatility. This has resulted in
flawed policy that seeks to capture change in terms of the rise or
decline of regimes or regions. In order to comprehend current
events, understand future risks and decide how to prepare for them,
we need to consider economies and social orders as open, complex
networks. This highly original work uses the tools of network
analysis to understand great transitions in history, particularly
those concerning economic development and globalisation. Hilton L.
Root shifts attention away from particular agents – whether
individuals, groups, nations or policy interventions – and toward
their dynamic interactions. Applying insights from complexity
science to often overlooked variables across European and Chinese
history, he explores the implications of China's unique trajectory
and ascendency, as a competitor and counterexample to the West.
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