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Energy Efficiency and Renewable Energy Supply for the G-7 Countries, with Emphasison Germany
Strand, Jon - International Monetary Fund (IMF) - 2007
This paper discusses structure, impact, costs, and efficiency of renewable energy supply in the eight largest advanced economies (the G-7 plus Spain), with focus on Germany. Renewables production costs are compared to benefits, defined as reductions in net carbon emissions; technological...
Persistent link: https://www.econbiz.de/10005605334
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Rethinking the Governance of the International Monetary Fund
Mirakhor, Abbas; Zaidi, Iqbal Mehdi - International Monetary Fund (IMF) - 2006
This paper attempts to set out the principal issues that need to be resolved in formulating a proposal for quotas and voice reform in the IMF that could command broad support. Following John Rawls, we argue that "justice is the first virtue of social institutions," and we use his theory of...
Persistent link: https://www.econbiz.de/10005825790
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Reaping the Benefits of Financial Globalization
Dell'Ariccia, Giovanni; Mauro, Paolo; Faria, André; … - International Monetary Fund (IMF) - 2008
Financial globalization has increased dramatically over the past three decades, particularly for advanced economies … principle, financial globalization should enhance international risk sharing, reduce macroeconomic volatility, and foster …
Persistent link: https://www.econbiz.de/10010790496
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Rising Income Inequality; Technology, o+L3904r Trade and Financial Globalization?
Papageorgiou, Chris; Lall, Subir; Jaumotte, Florence - International Monetary Fund (IMF) - 2008
We examine the relationship between trade and financial globalization and the rise in inequality in most countries in … recent decades. We find technological progress as having a greater impact than globalization on inequality. The limited … overall impact of globalization reflects two offsetting tendencies: whereas trade globalization is associated with a reduction …
Persistent link: https://www.econbiz.de/10005263792
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Energy Subsidies in Latin America and the Caribbean: Stocktaking and Policy Challenges
Bella, Gabriel Di; Norton, Lawrence; Ntamatungiro, Joseph; … - International Monetary Fund (IMF) - 2015
The oil price decline creates an opportunity to dismantle energy subsidies, which escalated with high oil prices. This paper assesses energy subsidies in Latin America and the Caribbean—about 1.8 percent of GDP in 2011–13 (approximately evenly split between fuel and electricity),...
Persistent link: https://www.econbiz.de/10011242202
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Made in Mexico: Energy Reform and Manufacturing Growth
Alvarez, Jorge; Valencia, Fabian - International Monetary Fund (IMF) - 2015
This paper assesses the real effects of the energy reform in Mexico by looking at its impact on manufacturing output through changes in energy prices. Using sub-sector and state-level manufacturing output data, along with past variation in energy prices, we find electricity...
Persistent link: https://www.econbiz.de/10011242302
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Union of the Comoros; Poverty Reduction Strategy Paper: Review of the Second Year of Implementation
International Monetary Fund (IMF); International … - 2013
Since its independence in 1975, the Union of Comoros has been deeply affected by political and institutional crises. Resolution of the separatist crisis on the island of Anjouan and subsequent national consolidation has constituted a historic turning point. The government has begun a...
Persistent link: https://www.econbiz.de/10011242501
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Arab Republic of Egypt: 2014 Article IV Consultation-Staff Report; Press Release and Statement by the Executive Director for the Arab Republic of Egypt
International Monetary Fund (IMF); International … - 2015
KEY ISSUES The 2014 Article IV consultation takes place when the authorities have started to address longstanding economic challenges. For a number of years Egypt has suffered from low and non-inclusive growth and from high unemployment. Since 2011 these problems have been compounded by large...
Persistent link: https://www.econbiz.de/10011242617
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Niger: Selected Issues
International Monetary Fund (IMF); International … - 2015
This Selected Issues paper presents an external stability assessment on Niger. Niger’s current account balance deteriorated in 2013, mostly on account of higher food and capital goods imports. The deficit is expected to widen further in 2014–15, mainly driven by large investment in...
Persistent link: https://www.econbiz.de/10011242645
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Canada: Selected Issues
International Monetary Fund (IMF); International … - 2014
This Selected Issues paper analyzes the unconventional energy boom in North America, and its macroeconomic implications and challenges for Canada. The unconventional energy boom has had significant positive effects on Canada’s economic activity and has the potential to contribute even...
Persistent link: https://www.econbiz.de/10011242669