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Economy of Brunei Darussalam: modeling & policy simulation

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Economy of Brunei Darussalam: modeling & policy simulation
Economy of Brunei Darussalam: modeling and policy simulation
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Description
Author: Haji Ismail Duraman
Publisher: DBP, Brunei
Year: 2011
Pages: 181p
Binding: Paperback
ISBN 99917-0-787-5

The book Economy of Brunei Darussalam: modeling and policy simulation is published on the occasion of 50th anniversary od Dewan Bahasa dan Pustaka, Brunei. This book consist of ten chapter that reffering to Brunei Darussalam development and amphiszed some development concept and strategy in historical insight and at the same time to show how economic modeling can be useful for policy analysis for the country. This is the first attempt to model formally the Brunei Darussalam economy. Partial equilibrium (time series), economy-wide model (Input-Output [I-O] and Computable General Equilibrium [CGE]) are consturcted and applied. These are main contribution in which these two economic models of the country are discussed and simulated. The results of the simultaneous equations model will be discussed too.
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