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This book covers some important topics in the construction of
computable general equilibrium (CGE) models and examines use of
these models for the analysis of economic policies, their
properties, and their implications. Readers will find explanation
and discussion of the theoretical structure and practical
application of several model typologies, including dynamic,
stochastic, micro-macro, and simulation models, as well as
different closure rules and policy experiments. The presentation of
applications to various country and problem-specific case studies
serves to provide an informed and clearly articulated summary of
the state of the art and the most important methodological
advancements in the field of policy modeling within the framework
of general equilibrium analysis. The book is an outcome of a recent
workshop of the Italian Development Economists Association attended
by a group of leading practitioners involved in the generation of
CGE models and research on modeling the economy and policy making.
It will be of interest to researchers, professional economists,
graduate students, and knowledgeable policy makers.
This book covers some important topics in the construction of
computable general equilibrium (CGE) models and examines use of
these models for the analysis of economic policies, their
properties, and their implications. Readers will find explanation
and discussion of the theoretical structure and practical
application of several model typologies, including dynamic,
stochastic, micro-macro, and simulation models, as well as
different closure rules and policy experiments. The presentation of
applications to various country and problem-specific case studies
serves to provide an informed and clearly articulated summary of
the state of the art and the most important methodological
advancements in the field of policy modeling within the framework
of general equilibrium analysis. The book is an outcome of a recent
workshop of the Italian Development Economists Association attended
by a group of leading practitioners involved in the generation of
CGE models and research on modeling the economy and policy making.
It will be of interest to researchers, professional economists,
graduate students, and knowledgeable policy makers.
The COVID-19 Disruption and the Global Health Dilemma provides an
historical accounting of the response to the COVID-19 pandemic
through the eyes of the largest pubic health system in the United
States, one that served the hardest hit neighborhoods in New York
City. The book offers a roadmap to guide healthcare systems and
their providers in the event of future pandemics. Readers will
learn from healthcare providers at the epicenter of the pandemic in
New York City about surge staffing and level loading, along with
tips from the ED and ICUs on how to respond to an unprecedented
influx of inpatients.
This book focuses on the need to "put the management in charge" of
the implementation of public investment and public policies, in
order to render as flexible as possible the project response to the
unforeseen changes in the environment, in a world where uncertainty
and irreversibility dominate. In particular, the book reviews the
attempts from several countries to: (i)Empower managers to move
away from ex-ante controls, while increasing accountability through
continuous monitoring and evaluation of performance; (ii)Make
project design more flexible through modularity and sequencing;
(iii)Assess projects not as a product but as a process of value
creation, and as a part of an overall national policy strategy;(iv)
Introduce a medium term expenditure framework to lengthen the
public financial commitments and ensure financial predictability in
the budget process.
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