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Under-pricing of diesel and kerosene continues to cause major financial problems for Bangladesh Petroleum Corporation …
Persistent link: https://www.econbiz.de/10012553124
For some Latin American countries - especially, the oil importers in the Caribbean - rising energy prices could pose a significant threat to their current account sustainability, particularly if they are accompanied by other negative shocks. In some countries the fiscal costs associated with...
Persistent link: https://www.econbiz.de/10012556950
The decline in international oil prices over the past two years has resulted into an economic crisis in the Republic of Congo that could forestall the transformation efforts to move the country towards higher middle income status. A key strategy that government has pursued in recent years has...
Persistent link: https://www.econbiz.de/10012247346
, transparent, and participatory decisions on the application of the import restrictions they allow. The proposed special … agricultural safeguard expands by arithmetic formula the bounds within which a Member may impose a new import restriction. Analysis … useful, the special agricultural safeguard should do more than provide formulas for import restrictions. It should provide …
Persistent link: https://www.econbiz.de/10011394221
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"Oil and mineral revenues raise national savings and hence facilitate investment, capital accumulation, and sustained growth; thus, there are benefits of owning large natural resources. There can be a significant spillover effect from the oil sector to the non-oil sector particularly if...
Persistent link: https://www.econbiz.de/10011394146
"The authors examine the price linkages among polyester (the dominant chemical fiber), cotton (the dominant natural fiber), and crude oil (the dominant energy commodity), based on monthly data between 1980 and 2002. The modeling framework incorporates several aspects of the unit root...
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effect on consumers has often been more rapid than for oil-related products, as the increase in import prices have been …
Persistent link: https://www.econbiz.de/10010521018