The World Bank revised minimum standard model (RMSM) : concepts and issues
AbstractThe Revised Minimum Standard Model (RMSM) was originally created in 1973 as a means of ensuring a consistent approach to World Bank projections and thus facilitate intercountry comparisons. These objectives are met through the provision of a standard list of variables and a minimum set of economic relationships. The RMSM is a thinking and planning tool. Its primary purpose, like the original two-gap models, is to show the user what levels of investment, imports, and external borrowing will be required for a targeted real GDP growth rate. The planners choice of a real growth rate will determine what level of investment will be necessary.
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Bibliographic InfoPaper provided by The World Bank in its series Policy Research Working Paper Series with number 231.
Date of creation: 31 May 1989
Date of revision:
Economic Theory&Research; Environmental Economics&Policies; Financial Intermediation; TF054105-DONOR FUNDED OPERATION ADMINISTRATION FEE INCOME AND EXPENSE ACCOUNT; Banks&Banking Reform;
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- E. V. K. Fitzgerald, 1992. "Private Sector Investment and Savings Behaviour: The Policy Implications of Capital Account Disaggregation," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 31(4), pages 491-510.
- Amal Nagah Elbeshbishi, . "Evaluating the World Bank's Role in Supporting Structural Adjustment in Developing Countries With Special Reference to Egypt," Fordham Economics Dissertations, Fordham University, Department of Economics, number 2000.1, spring.
- Elson, Diane, 1995. "Gender Awareness in Modeling Structural Adjustment," World Development, Elsevier, vol. 23(11), pages 1851-1868, November.
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