Online Content
1 entry found
Number of results to display per page
Search Results
-
- Type:
- Document
- Date Created:
- 1996
- Collection:
- System Dynamic Society Records
- Collecting Area:
- University Archives
- Collection ID:
- ua435
- Parent Record(s):
- 227da936724c4223c5a64764d3922694, ca4810593b2703dcaa087957ab13af91, and 23d738ba88f8333bc39725f9cb5bd0b8
- Description:
- The Revised Minimum Standard Model (RMSM) of the World Bank is a model which focuses on the financial flows of the economy, and its best use is found in countries which require necessary adjustment towards balancing its national accounts. It is used frequently in repairing countries Country Assistance Strategies (CAS) which are approved by the Bank's Board of Executive Directors as the basis for Bank strategy for each individual country. RMSM was first constructed in the early 70's to provide a framework for assessing financial needs and domestic growth opportunities. Its extended version, RMSM-X, is used extensively by the World Bank Country Operations departments for making macroeconomic projections and analyzing macroeconomic policies for all developing countries.