facilitate fuel and electricity subsidy reform, food subsidy reform should be undertaken. …

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 …

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 …

Labor markets in the Western Balkan countries (Albania, Bosnia and Herzegovina, Kosovo, Macedonia, Montenegro, and …

studies (Latvia, Lithuania, Montenegro, Poland, and Romania). Our results of the panel data analysis indicate that supply …. In the case studies, we find a similar result for Lithuania and Montenegro, but the other three case studies point to the …

resulted in a sharp increase in hydro-based electricity production. A sustained, multi-year fiscal consolidation effort is …

This Joint Staff Advisory Note focuses on the Poverty Reduction Strategy Paper (PRSP) for Albania. The note analyzes … making; an improved poverty diagnosis; and ambitious plans for monitoring the overall effectiveness of Albania’s public …