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"This paper examines legal and regulatory measures that can be taken to promote access to the primary market in emerging market economies. While capital market development depends on many factors including, primarily, a favorable macroeconomic environment, an appropriately designed and effective...
Persistent link: https://www.econbiz.de/10010522168
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"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 countries there has also been some degree of...
Persistent link: https://www.econbiz.de/10010521018
"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
Under-pricing of diesel and kerosene continues to cause major financial problems for Bangladesh Petroleum Corporation (BPC), which is losing over Tk 2 billion monthly. Global forecasts suggest that oil prices will continue to be over $US 50 per barrel for the next couple of years. Bangladesh's...
Persistent link: https://www.econbiz.de/10012553124
2010, Russia's real output is expected to grow 4.4 percent in 2011, increasingly driven by domestic demand. Russia …'s households have absorbed the food price shock thanks to a combination of higher wages and pensions, and resort to private and … risks and uncertainties increased with the new oil shock. Although the short-term impact will be positive for Russia …
Persistent link: https://www.econbiz.de/10012247596
the Europe and Central Asia Region (ECA) in the short run and to indicate which countries are most likely to be …
Persistent link: https://www.econbiz.de/10012247819
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
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 … exchange rate stability. For the government, it is important to avoid creating excess aggregate demand, which might trigger …
Persistent link: https://www.econbiz.de/10013545433