Global Models and the International Economic Order

Global Models and the International Economic Order: A Paper for the United Nations Institute for Training and Research Project on the Future focuses on the impact of global models in decision-making processes and in the pursuance of United Nations objectives as manifested in the concept of the New International Economic Order. The book first offers information on the description and results of studies, including limits to growth, Strategy for Survival model, Latin American world model, global constraints and vision for development, and the United Nations World Input-Output model. The manuscript also examines the comparison of model results. Concerns include structure of models, regionalization in the models, trade and aid, assumptions about demand and overall supply, and levels of regional development. The text also ponders on methodological considerations, as well as structure, detail, and feedback; calibration; sensitivity and scenario analysis; and optimizing models. The manuscript is a dependable reference for readers interested in the use of global models in decision making processes.