Publication
Apr 2004
This paper focuses on analyzing and comparing the impacts of a real exchange rate devaluation and expenditure reduction in the form of a reduction of tax rates or a reduction in government consumption. It explains the foundation of computable general equilibrium CGE models and describes the IFPRI model in details. The paper aims to identify how to improve the external balance of an economy in crisis based on the case of Zimbabwe.
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English (PDF, 52 pages, 411 KB) |
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Author | Sonja Fagernäs |
Series | ODI SPIRU Working Papers |
Publisher | Overseas Development Institute (ODI) |
Copyright | © 2004 Overseas Development Institute (ODI) |