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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 i

Development economics. --- Macroeconomics --- Methodology. --- Developing countries --- Economic conditions --- Forecasting.

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Banks and banking, Central --- Dollar. --- Dollarization --- Monetary policy