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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
Adequate and affordable energy supply is fundamental for economic growth, higher living standards, and social equity. The delivery of modern energy services helps to improve the quality of life for all citizens, expands opportunities for private businesses-and ultimately creates jobs. In the...
Persistent link: https://www.econbiz.de/10012644956
To better assess the water-energy nexus challenge in China, the Thirsty Energy initiative engaged the China Institute for Water Resources (IWHR) and Hydropower Research under the auspices of the Ministry of Water Resources and the Institute of Energy, Environment, and Economy of Tsinghua...
Persistent link: https://www.econbiz.de/10012645185
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
Persistent link: https://www.econbiz.de/10010525073
Myanmar's energy sector has been severely affected by the dual shocks of the February 2021 coup and Coronavirus disease 2019 (COVID-19) pandemic. Developments in the energy sector after the coup have undermined nascent energy sector reforms over the last few years, including reforms that led to...
Persistent link: https://www.econbiz.de/10013413739