Financial Programming and Policy

The art of financial programming is a central element in the design of IMF-supported macroeconomic adjustment programs. This volume includes contributions from staff members of the IMF Institute and introduces the reader to the concepts and tools of analysis needed to formulate a financial program. The book presents a series of workshops that explain the accounting identities, behavioral relationships, and forecasting techniques that underlie the construction of a financial program. The workshops use the case of Turkey to illustrate the techniques, and the complete data set for Turkey is included on a diskette (supplied in a back-cover pocket).