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both diesel and kerosene form a very small part of the budget of the poor. One option, therefore, is to raise the price of … campaign should be launched to inform the public the rationale of the price increase. Future adjustments should be based on a …
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
"Indonesia's oil revenues and fuel subsidies dominate the nation's economic policy agenda. This paper estimates the impact of higher international oil prices on the Indonesian government's fiscal position in 2008 and beyond. It analyzes the interactions between government revenues and...
Persistent link: https://www.econbiz.de/10010521041
Though well-established in the commercial sector, the use of market-based price risk management is not widespread in … these tools can be used by local supply chain actors. Equally important is ensuring that non-price related risks are … isolated, monitored, and managed independent of direct price exposure. This note reviews lessons learned from recent efforts to …
Persistent link: https://www.econbiz.de/10012247845
Persistent link: https://www.econbiz.de/10010523306
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
"Many countries have been affected by food and oil price shocks. Rising energy costs have manifested themselves through … higher prices of gas at the pump and through price increases for many other goods such as kerosene and transport. But in some … to provide a comparative analysis of the multiplier impact of both types of price shocks using a recent Social Accounting …
Persistent link: https://www.econbiz.de/10010521018
's households have absorbed the food price shock thanks to a combination of higher wages and pensions, and resort to private and …
Persistent link: https://www.econbiz.de/10012247596
significantly affected. This paper discusses the effects of the global food and energy price increases on ECA countries from two … interventions to mitigate the impact of rising prices. It puts the ECA experience in the context of the last commodity price … discusses the main macroeconomic channels through which commodity price increases affect the economy. Section three discusses …
Persistent link: https://www.econbiz.de/10012247819
Cambodia is now weathering an oil price shock, just as the economy had started to recover amid a rollback of … Coronavirus (COVID-19)-related restrictions. Negative impacts of the oil price shock are amplified by Cambodia's already large … external imbalances. Rising food and energy prices have eroded household purchasing power. International oil price increases …
Persistent link: https://www.econbiz.de/10013545433