the multidimensional interactions between white and black swans
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The multidimensional interactions between White and Black Swans of globalization
Vignes Gopal KrishnaFast track PhD student & SLAI fellow
Department of EconomicsFaculty of Economics and Administration
University of Malaya Email Address: [email protected]
Introduction
The expansionary path of dual interactions between Yin and Yang has illustrated the gap of divergence between the imaginary visualization and actual presentation of multi-interactivity of reality.
Single stage or multi-levels of stage or both ??
Introduction
Patching up versus catching up Single device or multi levels of devices?Flexibility versus rigidity Winners and losersSimplicity versus complexitySleeping with breaks or without breaks?Evolutionary space – failed to look at the heterogeneous styles of agents –
holistic coordination of thoughts Win-win versus win-lose (Mercantilism notice)
Nelson (2008)Lall (1992) Nelson and Winter (1982)Akerlof and Shiller (2009)Keynes (1936) Smith (1776) Sanjaya Lall Joseph Stiglitz Schumpeter (1934) a) Mark 1 (Creative Destruction) b) Mark 2 (Creative Accumulation)Dopfer et al.(2004)Dopfer (2012)
Flying Geese paradigm-Kaname Akamatsu –First comers versus latecomersIntra mode of migration –electronic devices,from rural to
urban Extra mode of migration-common one Brain Draina) political constraints b) Better opportunity Brain Gain