undermining potential growth. This paper examines the impact of structural reforms in the energy sector (electricity and gas) on … striking results. First, while structural reforms so far failed in reducing greenhouse gas emissions per capita, there is some … evidence for greater effectiveness in lowering emissions per unit of GDP. Second, although energy reforms are not associated …

supported by available data?that institutional reform is also likely to be very slow in developing countries since the budget is …, multiannual PFM reform strategies, which have been strongly promoted by the donor community; and advocates a simpler approach …