Diversity and Economic Evolution: Failures of Competitive Economic Systems

作者: CLEM TISDELL

DOI: 10.1111/J.1465-7287.1999.TB00671.X

关键词:

摘要: This paper has two themes. First, diversity of relevant attributes driving the dynamics socioeconomic systems, including industrial systems' is often needed to increase their likelihood transiting a superior state. However systems left own devices do not always evolve states where they possess sufficient or optimal for further evolution growth Evolutionary market mechanisms can be this nature. Structural adjustment policies and globalization seem adding other types uniformity. Hence, real danger exists that global structures influenced by field effects will become piled up reduce economic system evolving Furthermore, an important force in processes, e.g., those stock knowledge. Second techniques behaviors may potentially Paretian valuable as means continual technological change manifestation specialization according differences individual abilities organizations. Insofar attempts at benchmarking try ensure uniform adoption best practice industry, are likely doubly damaging because short-nln potential benefits forgone, stifling also undermine source future growth.

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