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Made in Mexico: Energy Reform and Manufacturing Growth
Alvarez, Jorge; Valencia, Fabian - International Monetary Fund (IMF) - 2015
energy prices, we find electricity prices––relative to oil and gas––to be more important in the manufacturing process …, with a one standard deviation reduction in electricity prices leading to a 2.8 percent increase in manufacturing output …. Our estimated elasticities together with plausible reductions in electricity tariffs derived from the energy reform, could …
Persistent link: https://www.econbiz.de/10011242302
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Qatar; 2010 Article IV Consultation-Staff Report; Staff Statement and Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Qatar
International Monetary Fund (IMF); International … - 2011
Qatar has weathered the global economic crisis well. Enhancement of liquefied natural gas capacity (LNG), government support to the banking system, and increase in public spending sustain the high growth rates. There is a need to monitor aggregate demand to prevent the resurgence of inflation...
Persistent link: https://www.econbiz.de/10011245523
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Libya; Selected Issues
International Monetary Fund (IMF); International … - 2013
facilitate fuel and electricity subsidy reform, food subsidy reform should be undertaken. …
Persistent link: https://www.econbiz.de/10011244740
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Algeria; Selected Issues
International Monetary Fund (IMF); International … - 2005
This Selected Issues paper on Algeria reports that the authorities have relied on an expansionary fiscal stance to stimulate growth and employment, but structural reforms have virtually stalled. Although the economy has recorded increasing growth, the nonhydrocarbon sector remains small and...
Persistent link: https://www.econbiz.de/10005591638
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Measuring Energy Security; Trends in the Diversification of Oil and Natural Gas Supplies
Loungani, Prakash; Joutz, Frederick L.; Cohen, Gail - International Monetary Fund (IMF) - 2011
We present evidence on one facet of energy security in OECD economies - the extent of diversification in sources of oil and natural gas supplies. Viewed from the perspective of the energy-importing countries as a whole, there has not been much change in diversification in oil supplies over the...
Persistent link: https://www.econbiz.de/10008876592
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Quasi-Fiscal Deficits and Energy Conditionality in Selected CIS Countries
Saavalainen, Tapio; Berge, Joy Mylène ten - International Monetary Fund (IMF) - 2006
Quasi-fiscal deficits of public utility companies are common in all member countries of the Commonwealth of Independent States (CIS). They constitute a significant impediment to efficient resource allocation and endanger macroeconomic stability. This paper presents a simple framework for...
Persistent link: https://www.econbiz.de/10005768963
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The Great Contractions in Russia, the Baltics and the Other Countries of the Former Soviet Union; A View From the Supply Side
International Monetary Fund (IMF); International … - 2000
The output contractions during the initial transition stages in the Baltics and in Russia and the other CIS countries are examined across several dimensions, and the reliability of the available official statistics evaluated. The depth, length and breadth of the contractions are studied and set...
Persistent link: https://www.econbiz.de/10005263697
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The Electricity Sector in FYR Macedonia
Tieman, Alexander F. - International Monetary Fund (IMF) - 2011
This paper describes the current state of the Macedonian electricity sector. It looks at ongoing structural changes …, driven by the gradual adoption of the EU acquis on energy, and comes up with estimates for electricity subsidies. It …
Persistent link: https://www.econbiz.de/10008839339
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Jordan: Selected Issues
International Monetary Fund (IMF); International … - 2014
This Selected Issues paper investigates the macroeconomic impact of the Syria crisis on Jordan. It is indicated that the crisis: (1) had an overall negative impact on measured output growth—although anecdotal evidence suggests possibly a positive impact on output in the informal sector;...
Persistent link: https://www.econbiz.de/10011243054
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Pakistan; Request for an Extension of the Stand-By Arrangement: Staff Report; Press Release on the Executive Board Discussion
International Monetary Fund (IMF); International … - 2010
The Pakistani authorities placed a request for a nine-month extension of the Stand-By Arrangement (SBA), to get sufficient time to complete the remaining fifth and sixth reviews under the SBA. The authorities believe that extending the arrangement will provide time to complete the reform of the...
Persistent link: https://www.econbiz.de/10011243462