000 04402nam a22004335i 4500
001 978-94-91216-26-8
003 DE-He213
005 20140220084604.0
007 cr nn 008mamaa
008 120301s2010 fr | s |||| 0|eng d
020 _a9789491216268
_9978-94-91216-26-8
024 7 _a10.2991/978-94-91216-26-8
_2doi
050 4 _aHB144
050 4 _aQA269-272
072 7 _aPBUD
_2bicssc
072 7 _aMAT011000
_2bisacsh
072 7 _aBUS069030
_2bisacsh
082 0 4 _a519
_223
100 1 _aChukwu, Ethelbert Nwakuche.
_eauthor.
245 1 4 _aThe Omega Problem of all Members of the United Nations
_h[electronic resource] /
_cby Ethelbert Nwakuche Chukwu.
264 1 _aParis :
_bAtlantis Press,
_c2010.
300 _aXXIV, 193p.
_bonline resource.
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_bcr
_2rdacarrier
347 _atext file
_bPDF
_2rda
490 1 _aAtlantis Studies in Mathematics for Engineering and Science,
_x1875-7642 ;
_v6
505 0 _aFull Hereditary InteractingModel of All Member States of The United Nations -- Consequences -- Controllability Theory of the GDP of All Member States of The UN -- Employment and Gross Domestic Product Dynamics and Control of Interacting Nations -- Overview of Each Nations Economic State Dynamics and Control: Equations of GDP, Interest Rate, Employment, Value of Capital Stock, Prices, Cumulative Balance of Payment -- The Hereditary Model of GDP and Employment -- Economic Plans, Programs Policies and Recommendation of 184 Nations -- Program Results of Some Nations: Austria and France -- Program Results: An Introduction.
520 _aThis monograph, a sequel to the author's highly successfull “A Mathematical Treatment of Economic Cooperation and Competition Among Nations: With Nigeria, USA, UK, China and Middle East Examples” (Academic Press, 2005), extends the study to all member states of the United Nations. It derives the equations of the key economic variables of gross domestic product, interest rate, employment value of capital stock prices (inflation) and cumulative balance of payment. The derivation is based on the differential market principle of supply and demand and on the rational expectation principle. The models are validated using economic time series of each country and MATLAB programs. The emerging dynamics is a differential game of pursuit which is converted to a hereditary control system for a single nation. Following the same method we derive the full hereditary economic model of all members of the United Nations joined together by external trade, investment capital flow consumption employment and governments' economic intervention — all mirrored by interacting gross domestic products. The system is validated with IMF and World Bank data. Studies are made on how to arrest economic recession and depression and promote economic growth and prosperity. Diffusion of wealth is also touched upon. Policies regarding economic stimulus, how to dam the decay of capital flow, as well as conditions to promote full employment are discussed. Examination is made to test for the global systems controllability — the possibility of steering any current bad economic state to a state of growth of its GDP, low interest rate, full employment, good value of capital stock, low inflation and a positive value of the cumulative balance of payments. The book prescribes verifiable broad policies for all nations together to promote prosperity, diffusion of wealth and longevity. The book comes with full programs, output and identified equations which can be downloaded from the publishers' website. Detailed information is available inside the book. The book is a most valuable source of reference for world leaders, central bank directors, graduates and academic researchers in applied mathematics and applied economics concerned with the current problems and growth of the global economy.
650 0 _aMathematics.
650 1 4 _aMathematics.
650 2 4 _aGame Theory, Economics, Social and Behav. Sciences.
710 2 _aSpringerLink (Online service)
773 0 _tSpringer eBooks
830 0 _aAtlantis Studies in Mathematics for Engineering and Science,
_x1875-7642 ;
_v6
856 4 0 _uhttp://dx.doi.org/10.2991/978-94-91216-26-8
912 _aZDB-2-SMA
999 _c113699
_d113699