Multiannual Macroeconomic Programming Techniques for Developing Economies - Couverture rigide

Beckerman, Paul

Couverture rigide

ISBN 10 : 9814289027 ISBN 13 : 9789814289023

Editeur : World Scientific Publishing Co Pte Ltd, 2010

Synopsis

This book describes practical techniques to formulate multiannual macroeconomic projections for developing economies. The approach is broadly similar to that of well-known financial-programming models, but some of the material, including solution procedures for the external and fiscal projections and the external-debt projection methodology, is innovative. The basic aim of macroeconomic programming exercises is to determine whether a quantitatively specified macroeconomic and government-expenditure policy program would be financially feasible - that is, consistent over time with external and internal financing likely to be available. Exercises of the kind described here formulate national-, external-, fiscal-, and monetary-accounts projections, based on: assumed behavioral parameters; assumed exogenous world conditions and internal variables; programmed macroeconomic objectives such as real growth, inflation, and exchange-rate evolution; programmed real government expenditure; an external-debt program; and, data for the base year preceding the projection period. The projections include estimates of the external and internal financing the public sector and economy as a whole would require, which may be evaluated for feasibility. Among other applications, macroeconomic programming exercises may be used to help gauge the financial feasibility of development and poverty-reduction objectives (like the UN Millennium Development Goals), or to address external-debt sustainability.

Détails de l'édition

• Éditeur: World Scientific Publishing Co Pte Ltd
• Date d'édition: 2010
• Langue: anglais
• ISBN 10: 9814289027
• ISBN 13: 9789814289023
• Reliure: Relié
• Nombre de pages: 432
• Coordonnées du fabricant: non disponible
• Personne responsable: non disponible