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(SMEs) in the world. The paper provides empirical evidence on the drivers of SME access to finance for a large sample of …
Persistent link: https://www.econbiz.de/10012836535
The paper reviews recent developments in the pass-through of international to domestic petroleum product prices, in the different fuel pricing regimes, and in fuel subsidies in a range of emerging market and developing economies. The main finding of the paper is the limited price pass-through in...
Persistent link: https://www.econbiz.de/10012777198
countries' own interests. The potential fiscal, environmental and welfare impacts of energy subsidy reform are substantial …
Persistent link: https://www.econbiz.de/10013021777
consumption to changes in energy prices and the implications of our findings for the debate on energy subsidy reform. Our findings … significant long-term benefits from the reform of energy subsidies. Our findings also indicate that short-term gains from subsidy … reform are likely to be much smaller, which suggests the need for either a gradual approach to subsidy reform or for more …
Persistent link: https://www.econbiz.de/10013063763
percent of the 2020 subsidy reflects undercharging for supply costs (explicit subsidies) and 92 percent for undercharging for …
Persistent link: https://www.econbiz.de/10013306748
In this paper we provide short- and long-run tax buoyancy estimates for 107 countries (distributed between advanced, emerging and low-income) for the period 1980-2014. By means of Fully-Modified OLS and (Pooled) Mean Group estimators, we find that: i) for advanced economies both long-run and...
Persistent link: https://www.econbiz.de/10012962148
This paper assesses the cyclicality and sustainability of fiscal policy in Belize and applies a stochastic simulation … debt sustainability. It recommends integrating such rules into a well-designed fiscal responsibility law and establishing …
Persistent link: https://www.econbiz.de/10012858382
The World Bank and the IMF have adopted a debt sustainability framework (DSF) to evaluate the risk of debt distress in …
Persistent link: https://www.econbiz.de/10013055260
Gender gaps in womens' economic opportunities-labor market and entrepreneurship-have remained high inIndia. Lack of adequate collateral limits women entrepreneurs' ability to access formal finance, leaving them torely on informal sources, constraining their growth. A small-open economy DSGE...
Persistent link: https://www.econbiz.de/10012907953
With the recent jump in world oil prices, the issue of petroleum product pricing has become increasingly important in …
Persistent link: https://www.econbiz.de/10012779102