Showing 1 - 10 of 121
This Selected Issues paper analyzes Senegal’s real effective exchange rate (REER) and external competitiveness. A REER significantly above its equilibrium, as determined by economic fundamentals, can impede a country’s external competitiveness, calling for corrective macroeconomic measures....
Persistent link: https://www.econbiz.de/10014404670
This Selected Issues paper assesses the extent to which accounting for losses of pubic enterprises (PEs), fiscal risks of public-private partnerships (PPPs), and government support to private enterprises would change Senegal’s fiscal deficit. It analyzes SENELEC’s (electricity company)...
Persistent link: https://www.econbiz.de/10014405285
This Selected Issues paper on Azerbaijan Republic reports that the government has made substantial progress in dealing with energy-related subsidies. The domestic market for oil products has been tightly regulated by the government since Azerbaijan gained independence. Azerbaijan is largely...
Persistent link: https://www.econbiz.de/10014406767
In Senegal, average annual real GDP growth has been more than 5 percent since 1995, with inflation well below 3 percent. Senegal’s economic performance has been broadly satisfactory in 2000 and during the first quarter of 2001. Yet, despite this economic performance, poverty is still...
Persistent link: https://www.econbiz.de/10014407418
. GCC countries have been embarking on energy price reform in recent years. The recent decision of the UAE to remove fuel … energy consumption and to support the fiscal adjustment that is necessary in the current lower oil price environment … affected and will need to adjust. In the longer-term energy price reforms could generate significant permanent real income …
Persistent link: https://www.econbiz.de/10014408532
to energy products, which are central to people's well-being and countries' economic development. However, energy price …
Persistent link: https://www.econbiz.de/10014408715
, contributing to the buildup of vulnerabilities. Ukraine remains current on all its payments to the IMF, and the authorities have …
Persistent link: https://www.econbiz.de/10011242575
EXECUTIVE SUMMARY The first review discussions took place in a context of heightened geopolitical tensions and deepening economic crisis. Intensification of the conflict in the East and escalation of the gas dispute with Gazprom, two of the key risks identified at the time of the program...
Persistent link: https://www.econbiz.de/10011245299
Updates the Board on progress in the WTO negotiations under the Doha Development Agenda in the run-up to the Hong Kong SAR Ministerial in December, and presents proposals on aid for trade to be submitted to the Development Committee and International Monetary and Finance Committee in September...
Persistent link: https://www.econbiz.de/10014409772
This paper summarizes recent developments in the Doha Round negotiations, and aid for trade. As requested by the Development Committee last September, it reviews existing mechanisms for cross-country and regional aid for trade needs. It proposes possible options to overcome the coordination and...
Persistent link: https://www.econbiz.de/10014409815