Page 66 - Azerbaijan State University of Economics

Hashim Al-Ali: An integrated macro-fiscal forecasting model and its application for
the Bangladesh economy

 The results of the integrated model would give clear measure and warning signals on

likely negative impact, of adopted policy measures, on inflation, unemployment rate and on the
overall macroeconomic stability in the economy.

 Establishing the projections and sensitivity analysis of the flows of the remittances and
their future outlook.

 Measuring and monitoring the trend in real demand for money in the economy and the
factors affecting such a trends, including rate of interest, inflation and investment enabling

environment.

 Projecting, measuring and establishing the balances of trade, current account balance, the
overall balance of payments (BoPs) and the accumulative effect of the national reserve.

References

[1] Al-Ali, Hashim (1979) "Input-Output Analysis of Energy Requirements in Scotland", Journal
of Energy Economics, Vol. 1, No. 4, October, London.
[2] Al-Ali, Hashim and Sivaciyan, Sevan (1980) "The Oil Sector in the Saudi Economy: An
Inter-Industrial Approach", Journal of Energy and Development, Vol. VI, No. 1, Autumn,
Colorado.
[3] Al-Ali, Hashim and Burdekin, Russell (1980) "An Analysis of the Economic Impact of the
North Sea Oil Activity on the Scottish Economy", Journal of Managerial and Decision
Economics, Vol. 1, No. 2, Edinburgh.
[4] Al-Ali, Hashim (1983) "Planning Models and the Role of statistical Sample and Inference and
their Applications to the Saudi Economy", in Abu Ama et al (ed.), "Development in
Statistics and its Applications", King Saud University Press, Riyadh, Chapter 21, pp. 373-392.
[5] Al-Ali, Hashim (1984) "Behavioural Models and their uses for Inflation Measurement and
Causes in Saudi Economy, - Analytical and Empirical Study -", The Journal of Arab
Peninsula and Gulf Studies, Vol. X, No. 37, January, Kuwait
[6] Al-Ali, Hashim (2002) “ An Aggregated Macroeconomic-Fiscal Model and Its Applications
for Kosovo Economy”, Pristina, MOF/USAID, December
[7] Al-Ali, Hashim (2006) “Revenue Forecasting Analytical Approach, Capacity Building and
Training Program for the National Revenue Authority -Sierra Leone” Technical Report
Submitted to National Revenues Authority, Crown Agents/DFID, Freetown/London, August.
[8] Al-Ali, Hashim (2009) “Towards An Integrated Macroeconomic-Fiscal Planning and
Forecasting Modelling Framework for the Namibian Economy” –Support to the Ministry of
Finance to Develop a Macroeconomic Integrated Modelling Framework for Fiscal Policy
Planning Project-, Technical Report, EU/ECORYS/EPAS/MOF, Windhoek, Namibia, June.

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