Debate the Issues: Complexity and Policy making

The OECD's New Approaches to Economic Challenges (NAEC) initiative invited experts from inside and outside the Organisation to discuss complexity theory as a means to better understand the interconnected nature of the trends and influences shaping our socio-economic environment. Their contribut...

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Bibliographic Details
Main Author: Love, Patrick
Corporate Author: Organisation for Economic Co-operation and Development
Other Authors: Stockdale-Otárola, Julia
Format: eBook
Language:English
Published: Paris OECD Publishing 2017
Series:OECD Insights
Subjects:
Online Access:
Collection: OECD Books and Papers - Collection details see MPG.ReNa
Description
Summary:The OECD's New Approaches to Economic Challenges (NAEC) initiative invited experts from inside and outside the Organisation to discuss complexity theory as a means to better understand the interconnected nature of the trends and influences shaping our socio-economic environment. Their contributions, brought together here, examine the assumptions, strengths and shortcomings of traditional models, and propose a way to build new ones that would take into account factors such as psychology, history and culture neglected by these models. The authors concentrate on the discipline of economics as such; the financial system; and applications of complexity theory to policy making and governance. They argue that a new narrative is needed to integrate the hopes, values, attitudes and behaviours of people into economics along with the facts and data economists are more used to dealing with
Physical Description:104 p. 14.5 x 22cm
ISBN:9789264271586
9789264271531
9789264297395