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The Integrated Fractal-Entropy-Sufficiency (IFES) Model: Redefining Economic Dynamics for Sustainability and Inclusivity

2024-07-09 10:07
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・SDGs Category

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・Keyword

fractal theory , entropy theory , sufficiency economy , economic systems , sustainable development.

・Summary

This research paper proposes an alternative model to debt-based models by integrating fractal theory, entropy theory, and sufficiency economy principles. Debt-based models have shown limitations in addressing economic challenges and promoting sustainable development. By combining these three theories, we aim to provide a comprehensive and novel approach that can enhance our understanding of economic systems and contribute to more sustainable and equitable outcomes.

・Table of Content

Introduction----------------------------------------1

1.1 Background and rationale for the study
1.2 Research objective and significance
1.3 Research question(s)

Literature Review---------------------------------------3

2.1 Overview of debt-based models and their limitations
2.2 Introduction to fractal theory and its applications
2.3 Explanation of entropy theory and its relevance to economic systems
2.4 Introduction to the concept of sufficiency economy and its principles

Integration of Fractal Theory, Entropy Theory, and Sufficiency Economy--------------6

3.1 Theoretical framework for integration
3.2 Explanation of how fractal theory can enhance understanding of economic systems
3.3 Application of entropy theory to analyze economic systems
3.4 Incorporation of sufficiency economy principles into the model

Development of the New Model---------------------------- 9

4.1 Description of the components and variables of the model
4.2 Mathematical representation of the model
4.3 Discussion on the advantages and potential limitations of the proposed model

Empirical Analysis------------------------------------------------------------------------------------12

5.1 Data collection and selection
5.2 Methodology for testing the model
5.3 Presentation and analysis of empirical results

Policy Implications and Practical Applications-----------------14

6.1 Discussion on how the new model can inform economic policy decisions
6.2 Potential applications of new model in different economic sectors
6.3 Comparison with existing debt-based models

Conclusion----------------------17

7.1 Summary of key findings
7.2 Contributions to the field
7.3 Future research directions