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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
In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country
Persistent link: https://www.econbiz.de/10014409354
Nepal has maintained macroeconomic stability under the Poverty Reduction and Growth Facility Arrangement. Executive …
Persistent link: https://www.econbiz.de/10014402321
Nepal showed satisfactory macroeconomic performance despite difficult political circumstances. Executive Directors …
Persistent link: https://www.econbiz.de/10014407231
Nepal is a post-conflict state seeking to formalize democracy in a challenging environment. Significant headway toward …
Persistent link: https://www.econbiz.de/10014395315
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