A Policy Model for Tunisia with Real and Financial Flows

Country economists and developing country decisionmakers can use this model to analyze fiscal, debt, and incomes policies- and to derive implications for the exchange rate and for the availability of credit to the private sector. The extended model generates a complete flow of funds for each time period, along with projections of national accounts in current and constant prices. Elements of the extended model can be suppressed, changed, or further extended, making it a flexible tool for country economic analysis. The Policy. Planning, and Research Complex distributes PPR Wodting Papers to disseminate the fndings of work in progress and to enoourage the exchange of ideas among Bank staff and all others interested in development issues. These papers carry the names of the authors, reflect only their views, and should be used and cited accordingly. The findings, interpretations, and conclusions are the authors'own. hey should not be attributed to the World Bank. its Board of Directors, its management, or any of its rembercountries. Pu bl i