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World Development and Economic Systems:Theory and Applications

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  • S I Cohen

    (Erasmus School of Economics, Rotterdam, The Netherlands)

Abstract

Mainstream economics generally assumes a universalistic market-oriented economic behavior that drives countries to adopt one economic system, with marginal variations. This book extends the scope of theory and applications by asserting that other distinct behaviors evolve and dominate in other economic systems. Systemic differences arise from distinct social, political and economic behavioral-motivational types that associate with intensive agent activity in household, state and firm settings. External conditions, historical events, and agent interactions ultimately result in domination of one motivational type over others; thus determining distinct profiles of structure, conduct, and performance in different economic systems, that are generally observed in the adopting countries.

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Suggested Citation

  • S I Cohen, 2015. "World Development and Economic Systems:Theory and Applications," World Scientific Books, World Scientific Publishing Co. Pte. Ltd., number 9367, December.
    • Handle: RePEc:wsi:wsbook:9367
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    Cited by:

    1. Shuakhbay Zamanbekov & Amangeldy Dogalov & Darkhan Zamanbekov & Aigul Bildebayeva & Almagul Cheirkhanova & Aigul Bakirbekova & Bakytkul Sikhimbayeva, 2020. "Regional development of small and midsize businesses in the conditions of forming of innovative economy of Kazakhstan: a case study," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 8(1), pages 618-639, September.

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