Working Paper 17-10 - A macro-econometric model for the economy of Lesotho
AbstractThe Federal Planning Bureau took part, in collaboration with the German institute diw Berlin, in a technical assistance project aimed at developing different modelling approaches for the economy of Lesotho, a small country landlocked within the territory of South Africa. This paper summarises the major characteristics of the macro-econometric model that was elaborated in the context of this project. The modelling strategy relies on its complementarities and interactions with the so-called ‘Financial Programming', implemented by other partners of the project team. In addition, the paper presents a baseline up to the fiscal year 2012/2013 as well as an alternative scenario in which public expenditures are reduced in response to the expected decrease in customs receipts.
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Bibliographic InfoPaper provided by Federal Planning Bureau, Belgium in its series Working Papers with number 1017.
Date of creation: 20 Oct 2010
Date of revision:
Econometric model; Macroeconomic forecasts;
Find related papers by JEL classification:
- C5 - Mathematical and Quantitative Methods - - Econometric Modeling
- E6 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook
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