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World Bank residual model

Index World Bank residual model

The World Bank residual model, in economics, refers to a widely used model by economists to measure illicit financial flows. [1]

6 relations: Economics, Economist, Illicit financial flows, International Monetary Fund, Macroeconomics, World Bank.

Economics

Economics is the social science that studies the production, distribution, and consumption of goods and services.

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Economist

An economist is a practitioner in the social science discipline of economics.

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Illicit financial flows

Illicit financial flows, in economics, are a form of illegal capital flight that occurs when money is illegally earned, transferred, or spent.

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International Monetary Fund

The International Monetary Fund (IMF) is an international organization headquartered in Washington, D.C., consisting of "189 countries working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world." Formed in 1945 at the Bretton Woods Conference primarily by the ideas of Harry Dexter White and John Maynard Keynes, it came into formal existence in 1945 with 29 member countries and the goal of reconstructing the international payment system.

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Macroeconomics

Macroeconomics (from the Greek prefix makro- meaning "large" and economics) is a branch of economics dealing with the performance, structure, behavior, and decision-making of an economy as a whole.

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World Bank

The World Bank (Banque mondiale) is an international financial institution that provides loans to countries of the world for capital projects.

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Redirects here:

World Bank Residual Method, World Bank Residual Model.

References

[1] https://en.wikipedia.org/wiki/World_Bank_residual_model

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