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Abstract

The purpose of this article is twofold: to introduce a new generation of the FUGI global model and, using this model, to make projections and policy simulations of the world economy to the year 2000. Global modeling has been aided not only by the development of high- technology computer systems but also it has benefited from recent developments in the life sciences.

The FUGI model classifies the world into 140 countries and regions and provides global information about the world economy under alternative policy scenarios. This FUGI model is currently being used by the United Nations for the purpose of long-term projections and policy simulations of the world economy, and it is likely to play a significant role in envisaging the future of global interdependence and corroborating the need for global cooperation.

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Uses of Global Models,: A New Generation FUGI Model for Projections and Policy Simulations of the World Economy

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