The multidimensional interactions between white and black swans
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This document provides an introduction to exploring the multidimensional interactions between White and Black Swans of globalization. It poses several questions about whether certain processes occur in single or multiple stages, and about flexibility versus rigidity. It also briefly mentions concepts like winners and losers, simplicity versus complexity, and evolutionary space. The document lists several references that may be relevant to analyzing these interactions, such as works by Nelson, Lall, Keynes, Smith, and Schumpeter.
The multidimensional interactions between white and black swans
- 1. The multidimensional interactions between White and Black Swans of globalization Vignes Gopal Krishna Fast track PhD student & SLAI fellow Department of Economics Faculty of Economics and Administration University of Malaya Email Address: vignesgopal@yahoo.com
- 2. Introduction The expansionary path of dual interactions between Yin and Yang has illustrated the gap of divergence between the imaginary visualization and actual presentation of multi-interactivity of reality. Single stage or multi-levels of stage or both ??
- 3. Introduction Patching up versus catching up Single device or multi levels of devices? Flexibility versus rigidity Winners and losers Simplicity versus complexity Sleeping with breaks or without breaks? Evolutionary space – failed to look at the heterogeneous styles of agents –holistic coordination of thoughts Win-win versus win-lose (Mercantilism notice)
- 4. Nelson (2008) Lall (1992) Nelson and Winter (1982) Akerlof and Shiller (2009) Keynes (1936) Smith (1776) Sanjaya Lall Joseph Stiglitz Schumpeter (1934) a) Mark 1 (Creative Destruction) b) Mark 2 (Creative Accumulation) Dopfer et al.(2004) Dopfer (2012)
- 5. Flying Geese paradigmKaname Akamatsu –First comers versus latecomers Intra mode of migration –electronic devices,from rural to urban Extra mode of migration-common one Brain Drain a) political constraints b) Better opportunity Brain Gain