INTERDISCIPLINARY DESCRIPTION OF COMPLEX SYSTEMS Scientific Journal

138 Modelling local monetary flows in poor regions: A research setup to simulate the multiplier effect in local economies INDECS publishes original, peer-reviewed, scientific contributions prepared as reviews, regular and conference papers, brief and preliminary reports and comments to published articles. Note: The accessibility of all URLs in the texts was checked one weak before the publishing date. 138 Modelling local monetary flows in poor regions: A research setup to simulate the multiplier effect in local economies Lewis L. Smith 151 Complexity Meets Development – A Felicitous Encounter on the Road of Life Welcome to the new issue of the journal for the Interdisciplinary Description of Complex Systems. With this edition INDECS joins 235 scientific journals worldwide in publishing a Theme Issue on Poverty and Human Development. The initiative for this campaign came from the Council of Science Editors and is intended to raise awareness, stimulate interest, and stimulate research into poverty and human development. Some of the difficulties faced by research in this particular topic are inherent in complex systems research in general. The research problems are interdependent and multifaceted. Research based on direct evidence can only concentrate on a small and tightly-delimited part of this field. The scientific modelling methods utilized in complex systems research cannot really circumvent this. But they do offer the possibility of testing and extending our understanding of the factors believed to contribute to both poverty and development in new ways. With simulations and other analysis we can come to understand types of interactions that occur in a dynamic environment. We can then look for patterns and consequences of these interactions, and then return to real-world data to test the accuracy of our new understanding. The contributions in this issue exemplify these possibilities. By aggregating variables as diverse as global market prices and (village) local production technologies, and modelling villages as agents, van den Broek, Koning, Hofwegen and Becx simulate the complex situation in Sub-Saharan Africa. The contribution by Hoekstra, van Arkel and Leurs is another example of modelling the situation in poor rural areas, this time focusing on monetary flow. A third related contribution by Smajgl describes the effects of rule-adaptation when multiple agents have to share common resources. We have two contributions on modelling as a technique, applied specifically to the questions of poverty and development. Johnston, Kim and Ayyangar show how the process of building agent-based models can result in valuable …

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