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Regulating energy prices has been a common practice around the world. The objective is, generally, to facilitate access to energy products, which are central to people's well-being and countries' economic development. However, energy price regulation also leads to wasteful and excessive...
Persistent link: https://www.econbiz.de/10014408715
This report updates the macroeconomic assessment of the impact of global food and fuel price increases provided in the IMF June 2008 Board paper: Food and Fuel Prices-Recent Developments, Macroeconomic Impact, and Policy Response. Food and oil prices peaked in early summer-in particular, oil...
Persistent link: https://www.econbiz.de/10014409865
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
"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
This 2012 Article IV Consultation discusses that the economy of Poland fared well throughout the crisis. The growth was …
Persistent link: https://www.econbiz.de/10014395533
This Selected Issues Paper focuses on the economic and financial ties between Poland and the euro area and analyzes the … system linkages between Poland and core euro area countries. The impact of shocks originating from the euro area on economic … developments in Poland is quantified using two methods, namely a vector auto-regression model and a small-open-economy quarterly …
Persistent link: https://www.econbiz.de/10014395534
This paper on the Republic of Poland was prepared by a staff team of the International Monetary Fund as background … views of the government of the Republic of Poland or the Executive Board of the IMF …
Persistent link: https://www.econbiz.de/10014395642
The 2008 transition to the new banking supervisory framework in Poland has been relatively smooth, and the banking … Financial Supervision Commission (KNF), which is responsible for banking supervision in Poland. KNF has undertaken numerous …
Persistent link: https://www.econbiz.de/10014395649
to market-based systems. The discussion draws mainly on the experiences of four countries, Hungary, Poland …
Persistent link: https://www.econbiz.de/10014395861