Modeling Local Monetary Flows in Poor Regions: A Research Setup to Simulate the Multiplier Effect in Local Economies
In poor regions, lack of local monetary circulation is one of the key elements causing underdevelopment. The more incoming money is passed from hand to hand, the more the local economy will be stimulated. However, in most poor areas money is spent outside the community before circulating locally, re...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Croatian Interdisciplinary Society
2007-10-01
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| Series: | Interdisciplinary Description of Complex Systems |
| Subjects: | |
| Online Access: | http://indecs.eu/2007/indecs2007-pp138-150.pdf |