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“Being rich in energy resources – a blessing or a curse” finds that an energy resource curse plagues many EU supplier states. This in turn directly affects Europe’s energy supply security and threatens to engulf Europe in unwanted hostilities at home and abroad. The study addresses seven...
Persistent link: https://www.econbiz.de/10005835694
There is an adage about wealth and democracy that says “the more well-to-do a nation, the greater the chances it will sustain democracy.” Accordingly, one would expect that nations rich in natural resources, and particularly those with large deposits of oil – a clear absolute advantage –...
Persistent link: https://www.econbiz.de/10005623493
Political economy aspects make progressive income taxation and taxation of capital income imperative in practise … politically feasible change-over to a status of improved taxation is little. We provide an extended dynamic general equilibrium …
Persistent link: https://www.econbiz.de/10008784944
accrual taxation of real gains and highlights the distortions involved in the current tax treatment of capital gains. The …This paper reviews the issues raised by inflation and the taxation of business and investment income under an income … tax. Some evidence on the tax-induced distortions caused by inflation are presented. This includes estimates of the …
Persistent link: https://www.econbiz.de/10008457189
The current debate in corporate taxation is focussing on leveling the tax playing field within the European Union in …
Persistent link: https://www.econbiz.de/10005055504
There is an increasing tension between the Iranian Government and the west on an increasingly likely European oil embargo and the Iranian threat to close the Strait of Hormuz. The main question is: What will happen to the international oil prices in the case of shocks in the flow of Iranian oil...
Persistent link: https://www.econbiz.de/10009418486
The research was motivated by the need for Zimbabwe’s financial assistance to kick-start the recovery of its economy from the meltdown it has been for more than a decade. Since the formation of the government of national unity (GNU) on February 13, 2009, government of Zimbabwe’s (GoZ)...
Persistent link: https://www.econbiz.de/10008516591
Different structures of lignite mines and power stations, which have appeared on the Polish market as a result of its transformation and the privatisation, were discussed. The attention is focused on the fact that the practice is overtaking the theory because there is lack of models of...
Persistent link: https://www.econbiz.de/10005836050
For methods of the profit division in the bilateral monopoly of the mine and the power station sug-gested in the first part of this paper the formulae for lignite price and shares in the joint profit of the mine and the power station are calculated. The proposed profit division contain: the...
Persistent link: https://www.econbiz.de/10005836131
For the hypothetical deposit with parameters similar to KWB “Konin” S.A. conditions; lignite prices and proposed divisions are calculated and results were discussed under the angle of the fairness (equity) of the division and the possibility of their approval by both sides. A sensitivity...
Persistent link: https://www.econbiz.de/10005790457