Pathways for socio-economic system transitions expressed as a Markov chain

Vanessa Jine Schweizer1,2, Alastair David Jamieson-Lane3,4, Hua Cai5,6

  • 1Climate and Global Dynamics Division, National Center for Atmospheric Research, Boulder, Colorado, United States of America.

Plos One
|July 31, 2023
PubMed
Summary

This study enhances cross-impact balance (CIB) analysis by using Markov chains to explore all system evolutions. Findings suggest prioritizing economic development alongside education to avoid demographic traps in low-income countries.

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