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This Selected Issues paper estimates the macroeconomic impact of these discoveries and discusses potential fiscal frameworks for managing related revenues. Pre-production investment (2019-2021) will lead to an increase in the current account deficit; however, this will be followed by a boost to...
Persistent link: https://www.econbiz.de/10011986761
This Selected Issues paper analyzes Senegal’s real effective exchange rate (REER) and external competitiveness. A REER … structural reforms are key to improving Senegal’s external competitiveness. The paper also describes Senegal’s export performance …
Persistent link: https://www.econbiz.de/10014404670
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 … Development Program (UNDP) ranks Senegal 154th out of 174 countries …
Persistent link: https://www.econbiz.de/10014407418
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This paper examines the short- and long-run economic impact of Egypt's energy subsidy reform in July 2014 (without and without compensating transfers for the bottom 40 percent of the income distribution) and the decline in global energy prices, as well as the long-run impact of phasing out the...
Persistent link: https://www.econbiz.de/10012571275
This paper examines the short- and long-run economic impact of Egypt's energy subsidy reform in July 2014 (without and without compensating transfers for the bottom 40 percent of the income distribution) and the decline in global energy prices, as well as the long-run impact of phasing out the...
Persistent link: https://www.econbiz.de/10012246465
This paper outlines the properties of one of the models used at the Bank of England for analyzing the impact of energy prices on the UK economy. We build a dynamic general equilibrium model that includes a variety of channels through which energy prices affect demand and supply. On the demand...
Persistent link: https://www.econbiz.de/10013122035
Die Europäische Union (EU) sieht sich innerhalb kürzester Zeit mit zwei großen und historisch einmaligen Krisen konfrontiert. Die Corona-Krise führte zu asymmetrischen wirtschaftlichen Auswirkungen in der EU. Maßgeblich für die konjunkturelle Entwicklung zwischen dem vierten Quartal 2019...
Persistent link: https://www.econbiz.de/10013337494