What are the macroeconomic prospects for South Africa until the new millennium? Two methods of macroeconomic modelling, associated with the World Bank and IMF, are used here to generate three scenarios, based on moderately optimistic projections. The methodology used can be applied to other developing countries.
Table of Contents
1. Introduction 2. General Country Background 3. Accounting Framework and Base Year Data 4. Modelling Frameworks 5. Model Experiments 6. Base Run 7. Alternative Scenarios 8. Conclusion
Brixen, Peter; Tarp, Finn