This is a stupendous model — a truly beautiful piece of work — that makes a unique contribution to the conference, namely, portrays a realistic model of general equilibrium in the global sense. It is not only global in that it is a world model, but also by extending the boundaries of strict economic analysis to such important subjects as food, resources, pollution, and demography, mostly but not entirely in a full feedback mode. It is right in step with this symposium through its detailed emphasis on trade and payments.
KeywordsGlobal Sense Domestic Output Investment Ratio Trade Growth Sustained Growth Rate
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