The World Bank revised minimum standard model (RMSM) : concepts and issues
The 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.
|Date of creation:||31 May 1989|
|Date of revision:|
|Contact details of provider:|| Postal: 1818 H Street, N.W., Washington, DC 20433|
Phone: (202) 477-1234
Web page: http://www.worldbank.org/
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:wbk:wbrwps:231. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Roula I. Yazigi)
If references are entirely missing, you can add them using this form.