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The global COVID-19 (Coronavirus) pandemic imposed both a supply and a demand shock on Nepal's economy, which adversely … affected growth. The global crisis induced by the pandemic initially impacted Nepal through the tourism sector, with arrivals … to tourism. On March 21, the Government of Nepal announced a nationwide lockdown, which affected industrial and …
Persistent link: https://www.econbiz.de/10012647390
"This volume provides the most comprehensive estimates of worldwide energy subsidies currently available, drawing on data from 176 countries in the areas of petroleum products, natural gas, coal, and electricity. It lays out an analysis of "how to do" energy subsidy reform, drawing on insights...
Persistent link: https://www.econbiz.de/10010244221
Energy subsidies have wide-ranging economic consequences. While aimed at protecting consumers, subsidies aggravate fiscal imbalances, crowd-out priority public spending, and depress private investment, including in the energy sector. Subsidies also distort resource allocation by encouraging...
Persistent link: https://www.econbiz.de/10014410519
This supplement presents country case studies reviewing energy subsidy reform experiences, which are the basis for the reform lessons identified in the main paper. The selection of countries for the case studies reflects the availability of data and of previously documented evidence on...
Persistent link: https://www.econbiz.de/10014410521
Nepal made significant progress on poverty and shared prosperity over the period 1996-2010, despite low domestic growth … remained an enduring feature of the welfare narrative in Nepal. The past decade, from 2010 to 2020, has been characterized by a … Nepal. These shocks were also correlated with declines in economic growth. The Coronavirus (COVID-19) crisis, which started …
Persistent link: https://www.econbiz.de/10012700763
Nepal is emerging from a series of crippling shocks. Barely recovered from the devastation and loss wreaked by the … underpinnings of the demand for inclusion that has so fundamentally shaped Nepal's contemporary socio-political landscape. Finally …
Persistent link: https://www.econbiz.de/10012644854
The purpose of this report is to identify how to maximize finance available to Nepal in the electricity sector. This …
Persistent link: https://www.econbiz.de/10012646012
Persistent link: https://www.econbiz.de/10010525073
Vietnam has successfully developed the electricity and gas sectors that have contributed substantially to the economic development of Vietnam. To date, near universal electrification has been achieved, and the industrial, commercial, and residential sectors benefit from increasingly reliable...
Persistent link: https://www.econbiz.de/10012645862
Croatia joined the European Union (EU) in 2013, and the energy sector has been undergoing liberalization, deregulation, and unbundling of state-owned energy utilities. Croatia haswelcomed a number of new public and private energy companies. The Croatian power exchange was established in 2014 and...
Persistent link: https://www.econbiz.de/10012645955