The Political Economy of Long-term Planning

by Panagiotis E. Petrakis

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Description

This book breaks down new ways to use foresight and economic theory to enhance economic planning at a national level. Economic forecasting models often rely on time-series analysis. While important, these models can limit an economist’s ability to foresee economic outcomes comprehensively. Effective economic planning and policymaking require a deep understanding of the socioeconomic and political forces that shape future economic outcomes. Using an interdisciplinary approach to economic theory a