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Author: K. K. Dompere
Publisher: Praeger
ISBN:
Category : Business & Economics
Languages : en
Pages : 216
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Book Description
Building on his companion volume on closed economic systems, Dompere develops a theory of aggregate investment, optimal capital, and output dynamics for open economic systems under neo-Keynesian conditions with special reference to growth policy. By constructing and tracing the path of equilibrium aggregate investment, the study isolates and analyzes the internal and external factors that influence the adjusting of investment to aggregate finance and profit. It examines the role international trade and finance play in alleviating domestic technological and savings constraints on capital creation and growth. The theory's conclusions are used to analyze the rate of accumulation and finance needed to support a rate of output growth selected as part of an internal aggregate decision process. The analysis is extended to aggregrate development capital-output planning. The study goes on to discuss conceptual and aggregational problems of measures of economic openness implied in the data requirements across national economies. Here a unique set of theoretical measures of economic openness, different from the traditional, is developed. The book, further, presents a critique and appraisal of the essential capital elements implied by endogenous growth theory.
Author: K. K. Dompere
Publisher: Praeger
ISBN:
Category : Business & Economics
Languages : en
Pages : 216
Get Book Here
Book Description
Building on his companion volume on closed economic systems, Dompere develops a theory of aggregate investment, optimal capital, and output dynamics for open economic systems under neo-Keynesian conditions with special reference to growth policy. By constructing and tracing the path of equilibrium aggregate investment, the study isolates and analyzes the internal and external factors that influence the adjusting of investment to aggregate finance and profit. It examines the role international trade and finance play in alleviating domestic technological and savings constraints on capital creation and growth. The theory's conclusions are used to analyze the rate of accumulation and finance needed to support a rate of output growth selected as part of an internal aggregate decision process. The analysis is extended to aggregrate development capital-output planning. The study goes on to discuss conceptual and aggregational problems of measures of economic openness implied in the data requirements across national economies. Here a unique set of theoretical measures of economic openness, different from the traditional, is developed. The book, further, presents a critique and appraisal of the essential capital elements implied by endogenous growth theory.
Author: Mr.Abdul Abiad
Publisher: International Monetary Fund
ISBN: 1484361555
Category : Business & Economics
Languages : en
Pages : 26
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Book Description
This paper provides new evidence of the macroeconomic effects of public investment in advanced economies. Using public investment forecast errors to identify the causal effect of government investment in a sample of 17 OECD economies since 1985 and model simulations, the paper finds that increased public investment raises output, both in the short term and in the long term, crowds in private investment, and reduces unemployment. Several factors shape the macroeconomic effects of public investment. When there is economic slack and monetary accommodation, demand effects are stronger, and the public-debt-to-GDP ratio may actually decline. Public investment is also more effective in boosting output in countries with higher public investment efficiency and when it is financed by issuing debt.
Author: International Monetary Fund. External Relations Dept.
Publisher: International Monetary Fund
ISBN: 1475566980
Category : Business & Economics
Languages : en
Pages : 60
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Book Description
This chapter discusses various past and future aspects of the global economy. There has been a huge transformation of the global economy in the last several years. Articles on the future of energy in the global economy by Jeffrey Ball and on measuring inequality by Jonathan Ostry and Andrew Berg are also illustrated. Since the 2008 global crisis, global economists must change the way they look at the world.
Author: Kofi K. Dompere
Publisher: Springer
ISBN: 331963853X
Category : Technology & Engineering
Languages : en
Pages : 208
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Book Description
This book focuses on the development of a theory of info-dynamics to support the theory of info-statics in the general theory of information. It establishes the rational foundations of information dynamics and how these foundations relate to the general socio-natural dynamics from the primary to the derived categories in the universal existence and from the potential to the actual in the ontological space. It also shows how these foundations relate to the general socio-natural dynamics from the potential to the possible to give rise to the possibility space with possibilistic thinking; from the possible to the probable to give rise to possibility space with probabilistic thinking; and from the probable to the actual to give rise to the space of knowledge with paradigms of thought in the epistemological space. The theory is developed to explain the general dynamics through various transformations in quality-quantity space in relation to the nature of information flows at each variety transformation. The theory explains the past-present-future connectivity of the evolving information structure in a manner that illuminates the transformation problem and its solution in the never-ending information production within matter-energy space under socio-natural technologies to connect the theory of info-statics, which in turn presents explanations to the transformation problem and its solution. The theoretical framework is developed with analytical tools based on the principle of opposites, systems of actual-potential polarities, negative-positive dualities under different time-structures with the use of category theory, fuzzy paradigm of thought and game theory in the fuzzy-stochastic cost-benefit space. The rational foundations are enhanced with categorial analytics. The value of the theory of info-dynamics is demonstrated in the explanatory and prescriptive structures of the transformations of varieties and categorial varieties at each point of time and over time from parent–offspring sequences. It constitutes a general explanation of dynamics of information-knowledge production through info-processes and info-processors induced by a socio-natural infinite set of technologies in the construction–destruction space.
Author: Olivier Blanchard
Publisher:
ISBN: 9781292360911
Category : Europe
Languages : en
Pages : 0
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Book Description
This print textbook is available for students to rent for their classes. The Pearson print rental program provides students with affordable access to learning materials, so they come to class ready to succeed. For intermediate courses in economics. A unified view of the latest macroeconomic events In Macroeconomics, Blanchard presents an integrated, global view of macroeconomics, enabling students to see the connections between goods markets, financial markets, and labor markets worldwide. Organized into two parts, the text contains a core section that focuses on short-, medium-, and long-run markets and two major extensions that offer more in-depth coverage of the issues at hand. From the major economic crisis that engulfed the world in the late 2000s, to monetary policy in the US, to the problems of the Euro area, and growth in China, the text helps students make sense not only of current macroeconomic events but also of those that may unfold in the future. Integrated, detailed boxes in the 8th Edition have been updated to convey the life of macroeconomics today, reinforce lessons from the models, and help students employ and develop their analytical and evaluative skills. Also available with MyLab Economics By combining trusted author content with digital tools and a flexible platform, MyLab personalizes the learning experience and improves results for each student.
Author: Kofi Kissi Dompere
Publisher: Praeger
ISBN: 9780313307966
Category : Education
Languages : en
Pages : 240
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Book Description
Although economic theory has increased our understanding of some economic problems, it has rendered others, including the problem of capital accumulation, growth, and development, more difficult to understand. Focusing on capitalist economic systems, this book develops a theoretical approach to the study of aggregate capital dynamics. The theory is developed within the Keynesian framework of aggregate thinking and builds on the work of such Cambridge economists as Robinson, Kaldor, and Pasinetti. The approach helps to resolve some theoretical difficulties within the Keynesian framework for studying aggregate investment behavior. Dompere also provides a criticism of the neoclassical investment theory and the general neoclassical theoretical framework for studying aggregate capital accumulation, investment, and growth. Reexamining some questions on investment that earlier theorists have tried to answer, this study develops some of the basic ideas of Keynes, Robinson, Kaldor, and Pasinetti into a general theoretical system that allows an optimal aggregate capital and investment to be determined for a given information set.
Author: KOFI KISSI. DOMPERE
Publisher: Springer Nature
ISBN: 3031428633
Category :
Languages : en
Pages : 645
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Book Description
Author: Dompere, Kofi Kissi
Publisher: Adonis and Abbey Publishers
ISBN: 1909112674
Category : Mathematics
Languages : en
Pages : 409
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Book Description
The Theory of Categorial Conversion is advanced by Professor Kofi Kissi Dompere as mathematical-philosophical and game-theoretic foundations to solve the problem of socio-natural transformation as governed by some internal process in relation to Marx, Schumpeter and Nkrumah. Dompere's methodology is based on the Africentric principles of opposites made up of actual-potential polarity, negative-positive duality with relational continuum and unity under cost-benefit rationality and Asantrofi-Anoma principle supported by fuzzy paradigm of thought. Socio-natural transformations are seen in terms of game theories in a fuzzy-stochastic space admitting of defective-deceptive information structures in quality-quantity space within the subjective-objective duality. The main premise of the monograph is that there exists a set of necessary and sufficient conditions for internal self-transformation. The necessary conditions are made up of categorial moments and categorial transfer functions forming the domain of control instrumentation in creating the sufficient conditions for categorial-conversion processes. Dompere presents an important methodological framework for the study and construction of the theories of socioeconomic development and political change, as well as info-dynamics connecting knowledge, sciences, innovation and engineering to the space of knowing, under qualitative-quantitative transformational dynamics with defective-deceptive information structures in the games for power and dominance by duals and poles in conflicts. The necessary conditions of socio-natural transformation are internally derived based on the relational structure of matter-energy-information activities within the dynamics of qualitative dispositions of dualities of actual-potential polarities. The theory consists of category formation showing ontological-epistemological categories, and categorial dynamics shows elemental conversions of categorial varieties in a continuum. The logical tools and the paradigm of thought for the theoretical development of Nkrumah's framework involve self-excitement, self-correction and self-control systems induced by internal contradictions. The set of necessary conditions constitutes the natural necessity that constrains cognitive freedom in socio-natural transformations. Had this conceptual system been familiar to economists and social scientists, the construct of the theories of socioeconomic development and transformations would have been increasingly successful.
Author: Kofi Kissi Dompere
Publisher: Springer
ISBN: 3030181596
Category : Technology & Engineering
Languages : en
Pages : 286
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Book Description
This book presents an epistemic framework for dealing with information-knowledge and certainty-uncertainty problems within the space of quality-quantity dualities. It bridges between theoretical concepts of entropy and entropy measurements, proposing the concept and measurement of fuzzy-stochastic entropy that is applicable to all areas of knowing under human cognitive limitations over the epistemological space. The book builds on two previous monographs by the same author concerning theories of info-statics and info-dynamics, to deal with identification and transformation problems respectively. The theoretical framework is developed by using the toolboxes such as those of the principle of opposites, systems of actual-potential polarities and negative-positive dualities, under different cost-benefit time-structures. The category theory and the fuzzy paradigm of thought, under methodological constructionism-reductionism duality, are used in the fuzzy-stochastic and cost-benefit spaces to point to directions of global application in knowing, knowledge and decision-choice actions. Thus, the book is concerned with a general theory of entropy, showing how the fuzzy paradigm of thought is developed to deal with the problems of qualitative-quantitative uncertainties over the fuzzy-stochastic space, which will be applicable to conditions of soft-hard data, fact, evidence and knowledge over the spaces of problem-solution dualities, decision-choice actions in sciences, non-sciences, engineering and planning sciences to abstract acceptable information-knowledge elements.
Author: Kofi K. Dompere
Publisher: Springer
ISBN: 3319616390
Category : Technology & Engineering
Languages : en
Pages : 213
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Book Description
This book discusses the development of a theory of info-statics as a sub-theory of the general theory of information. It describes the factors required to establish a definition of the concept of information that fixes the applicable boundaries of the phenomenon of information, its linguistic structure and scientific applications. The book establishes the definitional foundations of information and how the concepts of uncertainty, data, fact, evidence and evidential things are sequential derivatives of information as the primary category, which is a property of matter and energy. The sub-definitions are extended to include the concepts of possibility, probability, expectation, anticipation, surprise, discounting, forecasting, prediction and the nature of past-present-future information structures. It shows that the factors required to define the concept of information are those that allow differences and similarities to be established among universal objects over the ontological and epistemological spaces in terms of varieties and identities. These factors are characteristic and signal dispositions on the basis of which general definitional foundations are developed to construct the general information definition (GID). The book then demonstrates that this definition is applicable to all types of information over the ontological and epistemological spaces. It also defines the concepts of uncertainty, data, fact, evidence and knowledge based on the GID. Lastly, it uses set-theoretic analytics to enhance the definitional foundations, and shows the value of the theory of info-statics to establish varieties and categorial varieties at every point of time and thus initializes the construct of the theory of info-dynamics.
