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Item Details
| Title:
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MULTIANNUAL MACROECONOMIC PROGRAMMING TECHNIQUES FOR DEVELOPING ECONOMIES
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| By: |
Paul Beckerman |
| Format: |
Hardback |
| List price:
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£135.00 |
| Our price: |
£121.50 |
| Discount: |
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| You save:
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£13.50 |
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| ISBN 10: |
9814289027 |
| ISBN 13: |
9789814289023 |
| Availability: |
Usually dispatched within 1-3 weeks.
 Delivery
rates
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| Stock: |
Currently 0 available |
| Publisher: |
WORLD SCIENTIFIC PUBLISHING CO PTE LTD |
| Pub. date: |
3 March, 2010 |
| Pages: |
432 |
| Description: |
Describes practical techniques to formulate multiannual macroeconomic projections for developing economies. |
| 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 (i) assumed behavioral parameters; (ii) assumed "exogenous" world conditions and internal variables; (iii) programmed macroeconomic objectives such as real growth, inflation, and exchange-rate evolution; (iv) programmed real government expenditure; (v) an external-debt program; and (vi) 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". |
| Publication: |
Singapore |
| Imprint: |
World Scientific Publishing Co Pte Ltd |
| Returns: |
Returnable |
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