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Anotace knihy

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.

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Zařazení knihy Knihy v angličtině Economics, finance, business & management Economics Macroeconomics

• Plný název: Multiannual Macroeconomic Programming Techniques For Developing Economies
• Autor: Paul Beckerman
• Jazyk: Angličtina
• Vazba: Pevná
• Počet stran: 432
• EAN: 9789814289023
• ISBN: 9814289027
• ID: 05069893
• Nakladatelství: World Scientific Publishing Co Pte Ltd
• Hmotnost: 760 g
• Rozměry: 236 × 166 × 26 mm
• Datum vydání: 03. March 2010

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