Debate the issues : complexity and policy making / edited by Patrick Love and Julia Stockdale-Otárola.

Format:

Book

Contributor:

Love, Patrick, editor.

Stockdale-Otárola, Julia, editor.

Organisation for Economic Co-operation and Development.

Series:

OECD insights. 1993-6753.

OECD Insights

Language:

English

Subjects (All):

Policy sciences.

Political planning.

Physical Description:

1 online resource (104 pages).

Place of Publication:

Paris : OECD Publishing, 2017.

Summary:

"The OECD's New Approaches to Economic Challenges 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."--Back cover.

Contents:

Foreword

Introduction: A complexity approach to economic challenges

Complexity and policy making

Complexity and economics

Complexity and the financial system

Applications of complexity theory

Towards a new narrative.

ISBN:

92-64-27153-8