Macroeconomic Monitoring and Forecasting Model for Carec Member Countries 2017

Abstract

The “Macroeconomic Monitoring and Forecasting” (MM&F) research study provides an exhaustive analysis of the current state of the economy; near-term challenges and prospects of the Central Asia Regional Economic Cooperation (CAREC) member economies. The CAREC Institute launched the MMF study to establish a solid basis for macroeconomic monitoring and producing short-term forecasting. The purpose of the study is to develop the MMF model reflecting the economic structure for each of the CAREC member economies and provide country write-ups on recent economic developments and emerging key policy issues. This research also provides the theoretical foundation, model, methodology and econometric codes enabling and equipping researchers and policymakers to experiment and customize their new models commensurate with peculiar domestic economic conditions.

Keywords: Macroeconomic Monitoring, Central Asia, CAREC