| Donor | Duration | Budget | Status |
|---|---|---|---|
| The World Bank / EERC | 2004 - 2004 | $12,000 | Completed |
The project envisages development of Computable General Equilibrium (CGE) model to describe market-oriented economy of Georgia. With CGE model, quantities and prices in various equilibrium can be computed and simulation analysis can be performed to infer what will happen if different policies, i.e. fiscal regulations, sectoral policies, international trade regulation or environmental policies are introduced. Quantities of consumption, output, imports, exports, savings, investments and other macro variables, in each commodity sector can be computed to analyze economic structure in detail.
