{"product_id":"multiannual-macroeconomic-programming-techniques-for-developing-economies-9789814289023","title":"Multiannual Macroeconomic Programming Techniques","description":"\u003cb\u003eBook Synopsis\u003c\/b\u003e\u003cbr\u003eThis 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”.\u003cbr\u003e\u003cbr\u003e\u003cb\u003eTable of Contents\u003c\/b\u003e\u003cbr\u003eOverview of the Projection Solution Procedure; Basic Programming Variables; Programming Variables: Non-Interest Government Expenditure Programs; Programming of External Debt and Internal Government Debt; National-Expenditure Accounts Projections; External-Accounts Projections; Fiscal-Accounts Projections; Monetary-Accounts Projections; Practical Programming and Projection Issues.","brand":"World Scientific Publishing Co Pte Ltd","offers":[{"title":"Default Title","offer_id":51047388938583,"sku":"9789814289023","price":121.5,"currency_code":"GBP","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0817\/1739\/5799\/files\/9789814289023.jpg?v=1750971378","url":"https:\/\/bookcurl.com\/products\/multiannual-macroeconomic-programming-techniques-for-developing-economies-9789814289023","provider":"Book Curl","version":"1.0","type":"link"}