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Complexity Economics

Advances in the Research of Complexity Economics in Latin America

Complex systems science has revolutionized scientific fields from evolutionary biology to statistical mechanics, and economics is no exception. Some of the most interesting insights across the sciences and the humanities in recent years have, in one way or another, used complexity thinking or methods to succeed. The complexity universe spans simulations, network analysis, complex adaptive systems, and analytical methods borrowed from physics and mathematics. Where neoclassical economics emphasizes optimization, equilibrium, and efficiency, complexity economics stresses adaptation, emergent properties, and robustness. Macro outcomes hence are not the result of optimizing individuals, but the result of interaction between individual agents. In this regard, the growing challenges in interpreting the current socio-economic reality demands the development of methodological tools that capture complex deep non-linear aspects of social phenomena.

Complex socio-economic problems are not a monopoly of the developed world. The fundamental questions that underline the structural issues of the developing world are embedded with complexity. Latin American economies have its own specificities in terms of its cultural, historical, institutional and economic heritage. Some basic social questions in terms of poverty, inequality, and weak productive structures are still away from being answered in theoretical and practical terms. The challenges and research questions in Latin America may change comparing to the Global North, but the complexity involved in them is of the same magnitude.

With that in mind, we welcome theoretical and empirical contributions in the development of economic complexity research in Latin America. We particularly encourage application from scholars based in this continent. This call for papers is addressed to contributions in the following topics:

  1. Models of complex economic systems
  2. Agent-based modelling
  3. Applications of economic, ecological, or social networks
  4. Philosophy of complexity

For all above topics, theoretical and applied work is equally welcome. Empirical research is highly appreciated and so is theoretical and conceptual work, including analytical and philosophical work as well as simulations. Submissions from all subdivisions of economics or its affiliated disciplines are adequate.    

Questions concerning this call may be sent to: complexity@youngscholarsinitiative.org


To submit a paper, go here. Note that you must register yourself on the Young Scholars Directory first if you haven’t already.