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This paper examines the short- and long-run economic impact of Egypt's energy subsidy reform in July 2014 (without and without compensating transfers for the bottom 40 percent of the income distribution) and the decline in global energy prices, as well as the long-run impact of phasing out the...
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developing economies-Indonesia and Mexico. It finds that unlike increases in electricity prices, which harm plants' performance … increases provide to plants towards replacing inefficient fuel-powered with more productive electricity-powered capital …
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