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MAMS: an economy-wide model for analysis of MDG country strategies— an application to Latin America and the Caribbean

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Public Policies for Human Development

Abstract

This chapter documents MAMS (Maquette for MDG Simulation), the underlying methodological framework of this multi-country study for Latin America and the Caribbean (LAC), which is used to address the three development strategy questions posed in Chapter 1. MAMS is a dynamic Computable General Equilibrium (CGE) model designed to analyse strategies for achieving the Millennium Development Goals (MDGs) and, more broadly, policies for medium- and long-run growth and poverty reduction in developing countries.1 The model is sufficiently flexible to address the key processes for MDG achievement and other development strategies in a wide range of countries, linking to country databases that capture country characteristics and may vary widely in terms of disaggregation. This chapter emphasizes model features relevant to the LAC context.

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Lofgren, H., Díaz-Bonilla, C. (2010). MAMS: an economy-wide model for analysis of MDG country strategies— an application to Latin America and the Caribbean. In: Sánchez, M.V., Vos, R., Ganuza, E., Lofgren, H., Díaz-Bonilla, C. (eds) Public Policies for Human Development. Palgrave Macmillan, London. https://doi.org/10.1057/9780230277571_3

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