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Author: Paul Beckerman Publisher: World Scientific ISBN: 9814466557 Category : Business & Economics Languages : en Pages : 428
Book Description
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”.
Author: Paul Beckerman Publisher: World Scientific ISBN: 9814466557 Category : Business & Economics Languages : en Pages : 428
Book Description
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”.
Author: Paul Beckerman Publisher: World Scientific ISBN: 9814289027 Category : Business & Economics Languages : en Pages : 428
Book Description
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?.
Author: Asian Development Bank Publisher: Asian Development Bank ISBN: 9290928972 Category : Political Science Languages : en Pages : 168
Book Description
Asia shares a vision of making all its cities livable one day. The knowledge and financial resources needed to realize that vision exists. But if the challenges of climate change and pollution are to be met, we must reduce energy demand in cities and the undesirable environmental impact associated with energy production and consumption. We must also address the pollution of watersheds and the air. To achieve this, we must manage the urbanization process, city form and design, urban density, transport and logistics systems more efficiently and effectively.
Author: Asian Development Bank Publisher: Asian Development Bank ISBN: 9290928999 Category : Law Languages : en Pages : 168
Book Description
This report discusses some of the technical issues involved in formulating a multiannual fiscal strategy for the Lao People's Democratic Republic. The strategy aims to achieve national growth and to reduce poverty, while maintaining sound government finances. It is important to address the overlapping accounts of the government and the country's national socio-economic development plan. Thus, a detailed fiscal strategy is a valuable policy that can be the basis for dialogue and communication between the government and its stakeholders, such as foreign investors, international donors, and taxpayers.
Author: Eduardo A. Cavallo Publisher: Inter-American Development Bank ISBN: Category : Business & Economics Languages : en Pages : 121
Book Description
The 2018 Macroeconomic Report, A Mandate to Grow, revisits the growth debate that has been raging in the region for the past half century. Viewing the debate from this long-term perspective allows for a focus on the structural factors that have prevented Latin America and the Caribbean from reaching the growth potential required to keep pace with faster growing regions and to fulfill the aspirations of its population.
Author: Ralph William (Bill) Pfouts Publisher: World Scientific ISBN: 9814566667 Category : Business & Economics Languages : en Pages : 220
Book Description
The goal of “Inclusive Economics” is to tie together various authoritative strands of contemporary economic theory into an easily comprehensible whole that illuminates the need for a broader approach to contemporary economic policymaking undistorted by obsolete 18th century rationalist assumptions about utility, ethics, worthiness and traditional culture. This is accomplished by elaborating the rationalist competitive ideal along the optimizing lines pioneered by Paul Samuelson (neoclassical economics); plumbing modifications necessitated by Herbert Simon's realist concepts of “bounded rationality” and “satisficing”; refined further by applying a pragmatist outlook to probe the consequences of relaxing Enlightenment teleological, ethical, spiritual and cultural taboos. The exercise will explain why competitive market economies guided by rational utility-seeking invariably are less productive, efficient, just and beneficent than most theorists concede, and will illuminate the full range of interventions needed to achieve better outcomes. We call this program in its entirety “Inclusive Economics”, including the integration of micro and macroeconomics.
Author: Roberto García López Publisher: Inter-American Development Bank ISBN: 1597821284 Category : Political Science Languages : en Pages : 228
Book Description
Results-based management (RBM) is a public management strategy that involves decision making based on reliable information regarding the effects of governmental actions on society. It has been adopted in various developed countries as a way of improving efficiency and effectiveness in public policy. In Latin American and Caribbean (LAC) countries, governments and public managers show increasing interest in this management strategy. Given the relative novelty of RBM in the region, however, there is scant literature on the subject. This book is intended to fill this gap in two ways. First, it seeks to describe some of the basic RBM concepts and adapt them according to regional characteristics. Second, it presents an assessment, based on studies carried out in 25 countries, of the challenges facing LAC countries and their capacity to implement results-based public management.
Author: OECD Publisher: OECD Publishing ISBN: 9264192603 Category : Languages : en Pages : 497
Book Description
Managing Public Expenditure presents a comprehensive and in-depth analysis of all aspects of public expenditure management from the preparation of the budget to the execution, control and audit stages.
Author: Paul Beckerman
Author: Paul Beckerman
Author: Paul Beckerman
Author: Asian Development Bank
Author: Asian Development Bank
Author: Eduardo A. Cavallo
Author: Ralph William (Bill) Pfouts
Author: Jeni Klugman
Author: Roberto García López
Author: OECD
Author: