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To analyze the effects of prospective policy changes, sectoral and economy-wide modelers need to begin with baseline … economy theory, a set of political econometric equations and knowledge of current World Trade Organization (WTO)-bound tariffs …
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This chapter presents MAMS (Maquette for MDG Simulations), a recursive-dynamic CGE model developed at the World Bank for analysis of medium- to long-run country strategies for low- and middle-income countries, including strategies aimed at improving MDG (Millennium Development Goals) outcomes....
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