This chapter reviews the experience of computable general equilibrium (CGE) models from the perspective of how they have, or have not, influenced public policy in developing countries. The paper describes different classes of empirical models from small, stylized to large, multisectoral applied...

In the mainstream development debate during recent years, among others, there have been two influential camps opposing each other. The first one identifies the environmental context, the "natural" variable, as the ultimate cause that determines the socio-economic development trajectory of a...