Showing 1 - 10 of 12
"This volume provides the most comprehensive estimates of worldwide energy subsidies currently available, drawing on … "how to do" energy subsidy reform, drawing on insights from 22 country case studies and analyses carried out by other …
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 excessive energy consumption, artificially promoting capital …
Persistent link: https://www.econbiz.de/10014410519
Caribbean Currency Union (ECCU), and the West African Economic and Monetary Union (WAEMU). However, only for the EU institutions …
Persistent link: https://www.econbiz.de/10014409950
Persistent link: https://www.econbiz.de/10000630405
This paper examines the emergence of financial stability as a key policy objective. It discusses the underlying trends in the financial system, as well as the role of finance in relation to money, the real economy, and public policy. Financial stability is defined in terms of its ability to help...
Persistent link: https://www.econbiz.de/10014404178
This paper describes a financial system that should be adopted for the 21st century. The paper highlights that the financial crisis of 2008 has raised fundamental questions about how the financial industry is structured, managed, and regulated. The paper discusses that a well-functioning...
Persistent link: https://www.econbiz.de/10014397983
This paper discusses the central banking, monetary, and banking laws for 17 countries in Europe, an area where many of the techniques that are now universally used in regulating or controlling the supply of money and credit were developed. The complete text of the basic central bank law of each...
Persistent link: https://www.econbiz.de/10014397640
In discussing the June 2014 paper, Executive Directors broadly supported staff's proposal to introduce more flexibility into the Fund's exceptional access framework to reduce unnecessary costs for the member, its creditors, and the overall system. Directors' views varied on staff's proposal to...
Persistent link: https://www.econbiz.de/10014408593
The global financial safety net (GFSN) has become larger and more decentralized, creating a need for greater coordination. The expanded GFSN has created multiple sources of official financing for countries in need of support to address balance of payments shocks. Enhanced coordination among...
Persistent link: https://www.econbiz.de/10014408711
The Fund has made good progress over the past two years in integrating macrofinancial analysis into Article IV surveillance for a wide range of members. Building on past work to enhance financial sector analysis, Fund staff has sought to develop a consistent and forward-looking view on how the...
Persistent link: https://www.econbiz.de/10014408732