An MDG-sensitive economic policy model with application to Senegal : ECA Policy research report Vol.1 no.9

Abstract

This report describes an analytical framework for costing strategies to achieve the Millennium Development Goats (MDGs) in Mrica and analyzes alternative strategies for [he specific case of Senegal. The report addresses three important questions. First, what is the trajectory that the Senegalese economy will follow under current trends and policies and will it be sufficient to achieve the MDGs in 2015 without making appropriate reforms? Second, what is the amount of additional public spending required to achieve the MDGs? Third, what would be the best? financing option? The repoer tries to address these questions for Senegal taking into account ~he major macroeconomic challenges facing the country. For that purpose, it draws on scenarios of growth and MDG trajectories built using the economy-wide Maquette for MDG Simulation (MAMS) model.