We discuss the implications of nonlinear dynamic phenomena for policy definition in a growing economy. De- parting from the hypothesis that local analysis of economic systems focus the definition of policy on short run outcomes, we propose that to have a clearer perspective on long run outcomes,...

We discuss the implications of nonlinear dynamic phenomena for policy definition in a growing economy. De- parting from the hypothesis that local analysis of economic systems focus the definition of policy on short run outcomes, we propose that to have a clearer perspective on long run outcomes,...