Showing 1 - 10 of 27
The oil price decline creates an opportunity to dismantle energy subsidies, which escalated with high oil prices. This … paper assesses energy subsidies in Latin America and the Caribbean—about 1.8 percent of GDP in 2011–13 (approximately … poorer institutions subsidize more. Energy-rich countries subsidize fuel more, but low-income countries are more likely to …
Persistent link: https://www.econbiz.de/10011242202
The economic and environmental implications of energy subsidies have received renewed attention from policymakers and … economists in recent years. Nevertheless there remains significant uncertainty regarding the magnitude of the impact of energy … subsidies on energy consumption. In this paper we analyze a panel of cross-country data to explore the responsiveness of energy …
Persistent link: https://www.econbiz.de/10011242222
energy sector's financial imbalances. In conclusion, different policy options are discussed in light of the lessons learned. …
Persistent link: https://www.econbiz.de/10005768963
in energy and water consumption; and they have distorted the investment decisions of both public enterprises and the …
Persistent link: https://www.econbiz.de/10005605306
This paper discusses structure, impact, costs, and efficiency of renewable energy supply in the eight largest advanced … reductions in net carbon emissions; technological innovation, and increased energy security. The latter part of the paper centers … justified, relative to other means to increase energy security and reduce carbon emissions. We also find an excessive emphasis …
Persistent link: https://www.econbiz.de/10005605334
The Gulf of Guinea's tremendous potential is creating investment opportunities for the region. Some of its resources, such as oil, minerals, and forests, continue to attract significant investments whereas others, like natural gas, could be exploited to their full potential if necessary...
Persistent link: https://www.econbiz.de/10005605427
Crude oil prices have been on a run-up spree in recent years. Their dynamics were characterized by high volatility, high intensity jumps, and strong upward drift, indicating that oil markets were constantly out-of-equilibrium. An explanation of the oil price process in terms of the underlying...
Persistent link: https://www.econbiz.de/10005826574
Inflation followed a strikingly uniform pattern in all countries of the Middle East, North Africa, and Central Asia during the period 1996-2009, falling until about 2000 and then rising. International fuel prices do not help explain this pattern. This conclusion is robust even when different...
Persistent link: https://www.econbiz.de/10008542985
This paper reviews the progress report on implementation of the National Strategy for Socio-Economic Development (NSSED) during 2004 in Albania. The NSSED established a multiyear plan to combat poverty and strengthen governance. The main implication of the Integrated Planning System for the...
Persistent link: https://www.econbiz.de/10005252553
On December 18, 2010, Iran increased domestic energy and agricultural prices by up to 20 times, making it the first … major oil-exporting country to reduce substantially implicit energy subsidies. This paper reviews the economic and technical …
Persistent link: https://www.econbiz.de/10009203528