00984nam a2200109Ia 4500080001700000245015100017260003300168300001500201500002400216520061500240583001900855  a03.01.02 U58  aApproaches and methodologies used in the preparation of economic projections in Caribbean countries : difficulties and suggestions for improvement  bECLACaPort of SpainTTc1999  aiii, 18 p.  aBibliography: p. 18  aPresents an insight into the approaches and broad techniques used in forecasting and the difficulties faces in achieving robust and credible forecasts.  Highlights the major constraints to econometric forecasting.  Observes the unpredictability of a number of exogenous variables that are outside the control of the local economy but which impact significantly on small open economies such as the Caribbean economies.  Underscores the need for governments to rectify their data collection, processing and integration regimes to provide the type of information that would be useful to a wide variety of studies.  c12/7/00kJOY_D