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Working Paper 17-10 - A macro-econometric model for the economy of Lesotho

  • Ludovic Dobbelaere
  • Igor Lebrun
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    The 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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    File URL: http://www.plan.be/admin/uploaded/201010251133010.wp201017.pdf
    File Function: english version
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    Paper provided by Federal Planning Bureau, Belgium in its series Working Papers with number 1017.

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    Date of creation: 20 Oct 2010
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    Handle: RePEc:fpb:wpaper:1017
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