Download or read book The Theory of Aggregate Investment and Output Dynamics in Open Economic Systems written by K. K. Dompere and published by Praeger. This book was released on 1999-11-30 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Download or read book The Macroeconomic Effects of Public Investment written by Mr.Abdul Abiad and published by International Monetary Fund. This book was released on 2015-05-04 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Download or read book Finance Development September 2014 written by International Monetary Fund. External Relations Dept. and published by International Monetary Fund. This book was released on 2014-08-25 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Download or read book The Theory of Info Dynamics Rational Foundations of Information Knowledge Dynamics written by Kofi K. Dompere and published by Springer. This book was released on 2017-12-06 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Download or read book The Theory of Aggregate Investment in Closed Economic Systems written by Kofi Kissi Dompere and published by Praeger. This book was released on 1999 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Download or read book Macroeconomics written by Olivier Blanchard and published by . This book was released on 2021 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Download or read book THEORIES OF KNOWING AND KNOWLEDGE PRODUCTION written by KOFI KISSI. DOMPERE and published by Springer Nature. This book was released on 2023 with total page 645 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Fuzziness and Approximate Reasoning written by K. K. Dompere and published by Springer Science & Business Media. This book was released on 2009-03-25 with total page 311 pages. Available in PDF, EPUB and Kindle. Book excerpt: This monograph is special in its orientation and contribution to current state of our understanding of decision-choice process and knowledge production. Its special orientation is to bring to the scientific community the discussions on the epistemic structure of the relationships among uncertainty, expectations, risk, possibility, probability and how the rules of fuzzy paradigm and the methods of fuzzy rationality bring new and different understanding to the relationships. At the level of theory of knowledge, it presents the structure and epistemic analysis of uncertainty, expectations and risk in decision-choice actions through the characteristics of substitution-transformation and input-output processes in categorial dynamics of actual-potential duality. The interactive effects of rationality and expectation are examined around belief, prospect, time and conditions of belief justification where the relationship between possibility and probability as a sequential link between potential and actual is analyzed to provide some understanding of the role of relative costs and benefits in defining risk in both nature and society. The concepts of possibilistic and probabilistic beliefs are explicated in relation to rationality and the decision-choice process where the analytical relationship between uncertainty and expectation formation is presented leading to the introduction of two types of uncertainty composed of fuzzy uncertainty and stochastic uncertainty.

Download or read book The Theory of Info Statics Conceptual Foundations of Information and Knowledge written by Kofi K. Dompere and published by Springer. This book was released on 2017-07-06 with total page 213 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Download or read book A General Theory of Entropy written by Kofi Kissi Dompere and published by Springer. This book was released on 2019-08-02 with total page 286 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Download or read book The Theory of Categorial Conversion written by Dompere, Kofi Kissi and published by Adonis and Abbey Publishers. This book was released on 2017-09-17 with total page 409 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Download or read book The Theory of Epistemic Fields written by Kofi Kissi Dompere and published by Springer Nature. This book was released on 2024 with total page 581 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book is about the development of the theory of epistemic fields with the corresponding relational and information fields as a framework for the understanding of strategies and tactics of the theory of knowing as the production of intellectual investment flows and the theory of knowledge accumulation as the production of intellectual capital stocks in systems of factories and departments providing the foundations for the development of open algorithms in the open space of problem-solution dualities. The concepts and the roles of thinking and reasoning with curiosity, creativity, hope, Ill-posed problems, phantom problems, unsolved problems, misinformation, disinformation, fake news, and courage are introduced, defined, and analyzed on the cognitive journeys over the space of ignorance-knowledge dualities, where dualistic-polar conflicts between duals in the space of ignorance-knowledge dualities are resolved with the instruments of fuzzy optimization, the results of which are used to induced the zones of ignorance, the zones of knowledge, and the zones of contentions. A complete development of the set of connecting paths of spaces and sub-spaces is provided, where all varieties, categories, and spaces reside in dualistic-polar structures with knowledge stock viewed as a single tree with the same roots, one trunk, many branches, and a fruit cocktail. The ontological space contains the space of actual-potential dualities as the primary category of knowing, and the epistemological space contains the space of imagination-reality dualities as the derived category of knowing within the space of primary-derived dualities. The space of potentials contains the space of imaginations which contains the sub-spaces of possibility-impossibility, probability-improbability, and possibility-probability dualities with corresponding spaces of necessity-freedom and anticipation-expectation dualities leading to the conception of the possible-world-impossible-world dualities in the space of semantic-non-semantic dualities. This book is also a continuation of the sequence of my works on the theories of paradigms of thought, rationality, info-statics, info-dynamics, entropy, problem-solution dualities in self-contained mathematics and philosophy, and their relational connectivity to information, language, knowing, knowledge, cognitive practices and open maching learning relative to nominalism, and the space of construction-reduction dualities over the spaces of fundamental-applied, production-consumption, input-output, and cost-benefit dualities.

Download or read book The Theory of Problem Solution Dualities and Polarities written by Kofi Kissi Dompere and published by Springer Nature. This book was released on 2022-04-25 with total page 333 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is concerned with the development of the understanding of the relational structures of information, knowledge, decision–choice processes of problems and solutions in the theory and practice regarding diversity and unity principles of knowing, science, non-science, and information–knowledge systems through dualistic-polar conditions of variety existence and nonexistence. It is a continuation of the sequence of my epistemic works on the theories on fuzzy rationality, info-statics, info-dynamics, entropy, and their relational connectivity to information, language, knowing, knowledge, cognitive practices relative to variety identification–problem–solution dualities, variety transformation–problem–solution dualities, and variety certainty–uncertainty principle in all areas of knowing and human actions regarding general social transformations. It is also an economic–theoretic approach in understanding the diversity and unity of knowing and science through neuro-decision–choice actions over the space of problem–solution dualities and polarities. The problem–solution dualities are argued to connect all areas of knowing including science and non-science, social science, and non-social-science into unity with diversities under neuro-decision–choice actions to support human existence and nonexistence over the space of static–dynamic dualities. The concepts of diversity and unity are defined and explicated to connect to the tactics and strategies of decision–choice actions over the space of problem–solution dualities. The concepts of problem and solution are defined and explicated not in the space of absoluteness but rather in the space of relativity based on real cost–benefit conditions which are shown to be connected to the general parent–offspring infinite process, where every solution generates new problem(s) which then generates a search for new solutions within the space of minimum–maximum dualities in the decision–choice space under the principle of non-satiation over the space of preference–non-preference dualities with analytical tools drawn from the fuzzy paradigm of thought which connects the conditions of the principle of opposites to the conditions of neuro-decision–choice actions in the zone of variety identifications and transformations. The Monograph would be useful to all areas of Research, Learning and Teaching at Advanced Stages of Knowing and Knowledge Production.

Download or read book Theory of Philosophical Consciencism written by Dompere, Kofi Kissi and published by Adonis and Abbey Publishers. This book was released on 2017-09-24 with total page 462 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the Theory of Philosophical Consciencism, Professor Dompere establishes how Nkrumah used the theory of categorical conversion housing the necessary conditions of transformation to design strategies for creating the sufficient conditions for socio-political transformations. The theory of Philosophical Consciencism is about the institutionally destruction-creation process for socio-political transformation. The theory shows the scientific contributions of Nkrumah's thinking to the solution of the transformation problem in science and its application to social systemicity, where Nkrumah's analytical weapons were drawn from African conceptual system. The theory is developed as logico-mathematical foundations that guide the internal management of the command-control decision-choice systems for creative destruction of socio-political varieties in transformations through the development of qualitative mathematics making possible the construct of qualitative equations of motion for connecting varieties in qualitative transfers. The qualitative equations of motion through the Philosophical Consciencism constitute the sufficient conditions for transformations. The theory links rationality, intentionality, experiential information structure, defective-deceptive information structures in the control-dynamic games of power and dominance by the duals and poles under the principle of opposites with relational continua and unity relative to decision-choice systems that induce negation-negation transformations, where paths are established by the history of success-failure outcomes in the socially control-dynamic zero-sum games between the duals in any duality and between the poles of any actual-potential polarity. The main premise of the monograph is that there exists a set of sufficient conditions in support of the necessary conditions for internal transformation of socio-natural varieties. The theory is useful in understanding developmental processes and multi-polar-power zero-sum games for global dominance. The necessary conditions constitute the natural necessity that constrains cognitive freedom. The sufficient conditions constitute cognitive freedom that must overcome the necessity in socio-natural systems dynamics. Had this conceptual system been familiar to African leaders, the African transformation from colonialism to complete emancipation, rather than neocolonialism, would have been increasingly successful. This holds for those seeking triumph over injustices, oppression, imperialism and social change in all systems.

Download or read book Fuzzy Rationality written by Kofi Kissi Dompere and published by Springer Science & Business Media. This book was released on 2009-03-20 with total page 301 pages. Available in PDF, EPUB and Kindle. Book excerpt: Philosophy involves a criticism of scientific knowledge, not from a point of view ultimately different from that of science, but from a point of view less concerned with details and more concerned with the h- mony of the body of special sciences. Here as elsewhere, while the older logic shut out possibilities and imprisoned imagination within the walls of the familiar, the newer logic shows rather what may happen, and refuses to decide as to what must happen. Bertrand Russell At any particular stage in the development of humanity knowledge comes up against limits set by the necessarily limited character of the experience available and the existing means of obtaining knowledge. But humanity advances by overcoming such limits. New experience throws down the limits of old experience; new techniques, new means of obtaining knowledge throw down the limits of old techniques and old means of obtaining knowledge. New limits then once again appear. But there is no more reason to suppose these new limits absolute and final than there was to suppose the old ones absolute and final.

Download or read book Epistemic Foundations of Fuzziness written by K. K. Dompere and published by Springer Science & Business Media. This book was released on 2009-03-13 with total page 283 pages. Available in PDF, EPUB and Kindle. Book excerpt: This monograph is a treatment on optimal fuzzy rationality as an enveloping of decision-choice rationalities where limited information, vagueness, ambiguities and inexactness are essential characteristics of our knowledge structure and reasoning processes. The volume is devoted to a unified system of epistemic models and theories of decision-choice behavior under total uncertainties composed of fuzzy and stochastic types. The unified epistemic analysis of decision-choice models and theories begins with the question of how best to integrate vagueness, ambiguities, limited information, subjectivity and approximation into the decision-choice process. The answer to the question leads to the shifting of the classical paradigm of reasoning to fuzzy paradigm. This is followed by discussions and establishment of the epistemic foundations of fuzzy mathematics where the nature and role of information and knowledge are explicated and represented. The epistemic foundation allows total uncertainties that constrain decision-choice activities, knowledge enterprise, logic and mathematical structures as our cognitive instruments to be discussed in reference to the phenomena of fuzzification, defuzzification and fuzzy logic. The discussions on these phenomena lead us to analyze and present models and theories on decision-choice rationality and the needed mathematics for problem formulation, reasoning and computations. The epistemic structures of two number systems made up of classical numbers and fuzzy numbers are discussed in relation to their differences, similarities and relative relevance to decision-choice rationality. The properties of the two number systems lead to the epistemic analysis of two mathematical systems that allow the partition of the mathematical space in support of decision-choice space of knowledge and non-knowledge production into four cognitively separate but interdependent cohorts whose properties are analyzed by the methods and techniques of category theory. The four cohorts are identified as non-fuzzy and non-stochastic, non-fuzzy and stochastic both of which belong to the classical paradigm and classical mathematical space; and fuzzy and non-stochastic, and fuzzy and stochastic cohorts both of which belong to the fuzzy paradigm and fuzzy mathematical space. The differences in the epistemic foundations of the two mathematical systems are discussed. The discussion leads to the establishment of the need for fuzzy mathematics and computing as a new system of reasoning in both exact and inexact sciences. The mathematical structures of the cohorts are imposed on the decision-choice process to allow a grouping of decision-choice models and theories. The corresponding classes of decision-choice theories have the same characteristics as the logico-mathematical cohorts relative to the assumed information-knowledge structures. The four groupings of models and theories on decision-choice activities are then classified as: 1) non-fuzzy and non-stochastic class with exact and full information-knowledge structure (no uncertainty), 2) non-fuzzy and stochastic class with exact and limited information-knowledge structure (stochastic uncertainty), 3) fuzzy and non-stochastic class with full and fuzzy information-knowledge structure (fuzzy uncertainty) and 4) Fuzzy and stochastic class with fuzzy and limited information-knowledge structure (fuzzy and stochastic uncertainties). All these different classes of decision choice problems have their corresponding rationalities which are fully discussed to present a unified logical system of theories on decision-choice process. The volume is concluded with epistemic discussions on the nature of contradictions and paradoxes viewed as logical decision-choice problems in the classical paradigm, and how these contradictions and paradoxes may be resolved through fuzzy paradigm and the methods and techniques of optimal fuzzy decision-choice rationality. The logical problem of sorites paradox with its resolution is given as an example. Interested audience includes those working in the areas of economies, decision-choice theories, philosophy of sciences, epistemology, mathematics, computer science, engineering, cognitive psychology, fuzzy mathematics and mathematics of fuzzy-stochastic processes.

Download or read book On the Dynamics of Economic Growth written by Mr.Michael Sarel and published by International Monetary Fund. This book was released on 1994-11-01 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines the dynamics of economic growth. First, it demonstrates that the standard neoclassical growth model with constant elasticity of intertemporal substitution is not consistent with the patterns of development we observe in the real world, once we consider the initial conditions. Second, it examines an alternative growth model, which is consistent with endogenously determined initial conditions and also generates dynamics that are in accord with the historical patterns of growth rates, capital flows, savings rates and labor supply. The alternative model is a generalized version of the neoclassical growth model, with increasing rates of intertemporal substitution due to a Stone-Geary type of utility.