Quantum Theory and Artificial Intelligence in the Analysis of the Development of Socio-Economic Systems

2021 ◽  
pp. 22-38
Author(s):  
Jurgita Bruneckiene ◽  
Robertas Jucevicius ◽  
Ineta Zykiene ◽  
Jonas Rapsikevicius ◽  
Mantas Lukauskas
Keyword(s):  
Artificial Intelligence ◽  
Economic Development ◽  
Quantum Theory ◽  
Economic System ◽  
Development Theory ◽  
Economic Systems ◽  
New Approach ◽  
Economic Development Theory

The chapter is designed to stimulate a discussion on a new approach that combines quantum theory with artificial intelligence in the analysis of the economic development of socio-economic systems. The chapter introduces the specifics of the modern socio-economic system and the challenges to economic development. After that, the chapter discusses the possibility and compatibility of approaches (quantum theory) and tools (artificial intelligence) for analysing economic development. The chapter contributes to a new approach in economic development theory by integrating quantum theory and artificial intelligence possibilities. Additionally, the competences needed to use artificial intelligence in the analysis of economic development are presented. The value of the chapter is in its contribution to the original methodological justification of the use of quantum theory and artificial intelligence in the analysis of economic development.

The principles of duality in the light of the system economic theory

2019 ◽  
pp. 127-149
Author(s):  
George B. Kleiner
Keyword(s):  
Economic Theory ◽  
Economic System ◽  
External Environment ◽  
Black Box ◽  
Space Time ◽  
Production Cycle ◽  
Economic Systems ◽  
New Approach ◽  
Reproduction Cycle ◽  
Basic Concepts

This paper shows the diversity and significance of relations of duality among different economic systems. The composition of the principles underlying the system economic theory used for the analysis of duality in the economy is investigated. The concept of the economic system is clarified and the equivalence of three basic concepts of the economic system is shown: a) as a space-time volume (“black box”); b) as a complex of elements and connections among them; c) as a tetrad, including object, project, process and environment components. In a new way, the concept of the tetrad is revealed. The actual interpretation of the interrelationships of its components, based on the mechanisms of intersystem circulation of spatial and temporal resources and the transmission of abilities from one economic system to another, is proposed. On the basis of the obtained results, the most essential aspects of duality in the theory of economic systems are considered. It is shown that the interaction of internal content and the nearest external environment of economic systems lies in the nature of the relations of duality. A new approach to modeling the structure and to functioning of the economic system, based on the description of its activities in the form of two interconnected tetrads (the first tetrad reflects the intrasystem production cycle and the second one — the external realization-reproduction cycle) is put forward. It is shown that the concept of duality in a system economy creates prerequisites for adapting the functioning of local economic systems (objects, projects, etc.) in a market, administrative and functional environments and, as a result, harmonizing the economy as a whole.

Institutions and development: the primacy of microanalysis

2011 ◽  
Vol 7 (4) ◽  
pp. 549-553 ◽  
Author(s):  
MWANGI S. KIMENYI
Keyword(s):  
Economic Development ◽  
Empirical Analysis ◽  
Institutional Arrangements ◽  
Development Theory ◽  
Policy Relevance ◽  
Microeconomic Analysis ◽  
Methodological Problems ◽  
Cross Country ◽  
Economic Development Theory ◽  
The Empirical Analysis

Abstract:In recent years, there have been major advances in the empirical analysis of the link between institutions and development. However, a number of methodological problems – both theoretical and empirical – remain unresolved and have been well articulated by Ha-Joon Chang in his article ‘Institutions and Economic Development: Theory, Policy and History’. These problems raise valid concerns about the policy relevance of the evidence arising from the studies. A more reliable approach to study the link between institutions and development and overcome the inherent problems of cross-country empirical analysis is to direct focus to microeconomic analysis of institutions. Such an approach avoids ideologically driven normative judgments about the superiority of particular institutional arrangements and also offers a more credible and tractable avenue to investigate institutional change.

INNOVATIZATION AS A BASIS FOR ENSURING ECONOMIC SYSTEM SECURITY

2020 ◽  
Vol 10 (8) ◽  
pp. 1569-1575
Author(s):  
V.Y. Gusarova ◽  
◽  
G.R. Murtazina ◽  
Keyword(s):  
Economic Development ◽  
Economic System ◽  
Structural Changes ◽  
Decisive Role ◽  
Holistic Approach ◽  
Economic Security ◽  
Economic Systems ◽  
External Threats ◽  
National Economic ◽  
Constituent Elements

In modern conditions, ensuring the security of economic systems is interconnected with the categories “sustainability” and “development”. Sustainability of an economic system reflects the reliability and strength of its constituent elements, the efficiency and inviolability of horizontal and vertical links within the system itself. Development is one of economic security components, since the lack of development significantly reduces the ability to resist and adapt to internal and external threats. The security of the national economic system is considered as the ability to survive and develop steadily in the conditions of turbulence and the influence of hard-to-predict factors. The success of economic development is largely determined by significant structural changes based on innovation. Consequently, dynamic innovative development must have an adequate innovative structure. “Innovatization” as an economic category is a process of accumulation, preservation, use and development of the innovative potential of the economic system’s acting entities. The economic theory of economic systems’ innovatization is one of the demanded economic paradigms of our time for most developed and developing countries of the world, including Russia. This is due to the decisive role of innovations in the development of economic systems and, as a result, this is as a source and one of the criterion indicators of economic security. The authors, using the holistic approach and the method of structural-logical decomposition in the study, revealed the content and forms of innovatization in economic development structures as a basis for ensuring economic security.

Review of a Textbook “Economic Development. Theory and Practice”

2017 ◽  
Vol 2017 (3) ◽  
pp. 150-156
Author(s):  
Alexandr Khudokormov
Keyword(s):  
Economic Development ◽  
Theory And Practice ◽  
Development Theory ◽  
Economic Development Theory

This paper is a review of a new textbook “Economic Development. Theory and Practice” (2016) written by M.V. Kulakov and L.P. Chikhun.

Women as Marginal Social Actors, the Case of Economic Development

1989 ◽  
Vol 3 (1) ◽  
pp. 11-26
Author(s):  
Ruth Taplin
Keyword(s):  
Economic Development ◽  
Developing Economies ◽  
Relevant Literature ◽  
Historical Materialism ◽  
Development Theory ◽  
Social Actors ◽  
Narrow Scope ◽  
Multi Level ◽  
Development Literature ◽  
Economic Development Theory

The field of economics has been historically a discipline that emphasises men as the primary social actors within the economic sphere of the world and national developing economies. Although women make an extraordinary contribution given the paucity of economic resources available to them in developing societies, they continue to be dealt with as marginal elements within the discipline. Development studies having reached a theoretical impasse in general is being revived by the issue of the incorporation of gender into the mainstream of development debate, especially in sociology. We suggest a missing element in the economic development literature is a micro-macro analysis that takes into account multi-level linkages which would facilitate inclusion of women into the debate, as the bulk of women in developing economies engage in some form of production largely within the sphere of the family or household. In the course of the review and criticism of the relevant literature within the two basic schools of modernisation and historical-materialism, we conclude that women are a necessary vehicle of analysis as is a multi-level methodology that takes into account the level of the household/family unit if economic development theory is to progress beyond its current state of stagnation and narrow scope of assessment.

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