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Despite ambitious agricultural reforms initiated by the federal government, inefficient and unprofitable producers predominate in post-Soviet Russia. However, in some regions a more robust restructuring has taken place. Observing two Russian regions-one with substantially restructured...
Persistent link: https://www.econbiz.de/10005769207
In the context of continuing adjustments in the economy, the Government of Indonesia proposes to bring energy prices closer to long run marginal cost, while adequately compensating the poor. We focus on the constraints on central government policy objectives towards the poor as decentralization...
Persistent link: https://www.econbiz.de/10005263761
programs. This paper analyzes how key subsidy reforms (in state aid to enterprises, agriculture, energy, and transportation …Subsidy reform has been a key component of the pre-accession reform agenda of the 10 new member states that joined the … reforms in their economies. One of the most critical reforms was to reduce, and in some cases, eliminate their subsidy …
Persistent link: https://www.econbiz.de/10005263811
adverse impact of a combined food and oil price shock in 2008. Estimates of the impact based on household survey data and a …
Persistent link: https://www.econbiz.de/10009293765
counter a credit bust. This paper reports on a rare policy experiment where credit subsidies were used to buffer the impact of … cycles remains unsettled, it has been conjectured that credit subsidies may provide a particularly effective policy tool to … the global financial crisis on Serbia in 2009. Model simulations suggest that credit subsidies in Serbia helped to …
Persistent link: https://www.econbiz.de/10009401189
major oil-exporting country to reduce substantially implicit energy subsidies. This paper reviews the economic and technical …
Persistent link: https://www.econbiz.de/10009203528
subsidies, increased operations and maintenance expenditures, and a thorough environmental assessment of capital projects will …
Persistent link: https://www.econbiz.de/10005825826
This paper presents a general framework for characterizing the optimal pattern of subsidies for poverty alleviation … under budgetary constraints and suggests possible reforms for the existing pattern of subsidies. The government may …
Persistent link: https://www.econbiz.de/10005825884
The impact of higher petroleum prices on the aggregate price level, real growth, and income distribution is appraised … within a multisector computable general equilibrium (CGE) model. A reduction in the government subsidy raises petroleum … will be the most significantly affected by the subsidy reduction. …
Persistent link: https://www.econbiz.de/10005826502
This paper discusses two ways of evaluating the quasi-fiscal deficit (QFD) and the link between them. It also suggests how to properly account for the QFD when calculating the overall deficit of the public sector. Finally, using an example of the energy market, it shows how to untangle a web of...
Persistent link: https://www.econbiz.de/10005768858