Complex Sciences. First International Conference, Complex 2009, Shanghai, China, February 23-25, 2009. Revised Papers, Part 1

Research Article

Symmetry Breaking in the Evolution of World Economic Structure

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  • @INPROCEEDINGS{10.1007/978-3-642-02466-5_93,
        author={Hui Wang and Guangle Yan},
        title={Symmetry Breaking in the Evolution of World Economic Structure},
        proceedings={Complex Sciences. First International Conference, Complex 2009, Shanghai, China, February 23-25, 2009. Revised Papers, Part 1},
        proceedings_a={COMPLEX PART 1},
        year={2012},
        month={5},
        keywords={world economic structure symmetry breaking technology innovation economic long wave international division of labor},
        doi={10.1007/978-3-642-02466-5_93}
    }
    
  • Hui Wang
    Guangle Yan
    Year: 2012
    Symmetry Breaking in the Evolution of World Economic Structure
    COMPLEX PART 1
    Springer
    DOI: 10.1007/978-3-642-02466-5_93
Hui Wang1,*, Guangle Yan1
  • 1: University of ShangHai for Science and Technology
*Contact email: wanghuilele@gmail.com

Abstract

Over the centuries, world economic system and the corresponding economic structure have been in a state of continuous evolution. In this paper, through the empirical analysis on the evolution history of world economic structure, we show that the underlying driving force for the evolution of world economic structure is Technology Innovation. Specifically, we find that symmetry breakings not only emerge in the whole economic structure, but also take place in the local economic relation and economic status of inner countries along the long evolution history of world economic structure. We also elaborate the detailed mechanism of symmetry breaking of world economic structure. That is, in the evolution of world economic structure, all those countries participating in world economic open market are affected to varying degrees by symmetry breaking that is caused by technology innovation, which eventually determines current world economic structure with competitive countries evolving into economic centers and countries completely marginalized evolving into ‘singularities’ of world economic network.