|
Makale Özeti:
|
The main objective of this modelling efforts is to formulate and articulate, a macroeconomic and fiscal model for forecasting and decision purposes for Bangladesh. Given the actual modeling needs, the limitation and coverage of the available statistical data and limited modelling related capacity within the ministry of finance (MOF), an attempt has been made here to structure, formulate and numerically articulate a macro-fiscal forecasting model that is characterized as; realistic, simple, though comprehensive but easy to understand and comprehend, integrated for all the segments of the national economy (real economy, fiscal, financial and external sector) included in the model and brought together, in an economically viable causal-chain sequential relationship, with impact oriented and feed-back solutions processes. The constructed model however, has been structured in such a way so that it can be absorbed by the prevailed technical capabilities and capacities of the existing MOF/macroeconomic wing (MEW) staff, can be calibrated, empirically articulated, and implemented as well as run with different economic and development scenario alternatives, for future projections, and hence, it can be used as an effective tool for forecasting and decision as well as policy making process.
|