Global Transition
A General Theory of Economic Development| By: | Graeme Donald Snooks |
| Publisher: | Springer Nature |
| Print ISBN: | 9780333771471 |
| eText ISBN: | 9780333984796 |
| Edition: | 0 |
| Copyright: | 1999 |
| Format: | Page Fidelity |
Expires on Sep 17, 2026
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Global Transition is an innovative study that analyses the problems and prospects of the Third World by building on the theoretical contribution - the dynamic-strategy model - made in the author's acclaimed Longrun Dynamics . It formulates a general economic and political theory he calls the global strategic transition (GST) model. The central feature of this model is the global strategic demand-response mechanism involving an interaction between the world's expanding strategic core and its fringe, which is facilitated through strategic inflation. This model also provides the basis for a new policy approach to economic development.