Showing 1 - 10 of 12
Low growth and huge current account deficits have characterised the Portuguese economy over the past decade. Easy credit in global markets, combined with the absence of incentives to limit loan-to-deposit ratios until recently, made it possible to finance internationally high levels of...
Persistent link: https://www.econbiz.de/10011276804
China’s exceptional economic expansion has led to rising energy demand and pollution as well as other environmental …-and-control measures ought to make way gradually for well-implemented market-based approaches. Energy and water pricing need to be reformed …
Persistent link: https://www.econbiz.de/10011276830
Since around 2007, the country has been enjoying an “energy renaissance” thanks to its abundant stocks of shale oil and …
Persistent link: https://www.econbiz.de/10011276852
Australia’s productivity growth has decelerated markedly around the turn of the century. Part of the decline is probably temporary, but raising multifactor productivity is key to ensure that living standards continue to grow strongly, especially if the currently strong terms of trade weaken...
Persistent link: https://www.econbiz.de/10011276866
poverty and inequality. Such subsidies should be gradually removed. In the energy sector, reforms are needed in order to allow …
Persistent link: https://www.econbiz.de/10011277014
for a cleaner energy mix. Furthermore, additional production will soon come on stream, and there is a reasonable chance of … longstanding due to sluggish reform away from monopoly provision by the state-owned incumbent. As elsewhere, energy use has …, which relies primarily on energy-efficiency measures and an increase in the share of renewable-electricity product. This …
Persistent link: https://www.econbiz.de/10009386333
Outlook to explain recent developments in core inflation, excluding food and energy, based on developments in measures of … economic slack (the output gap), spill-over effects from energy prices onto core inflation and lagged responses to past … inflation via expectations formation. The fact that the knock-on effects from energy shocks onto core inflation appear small in …
Persistent link: https://www.econbiz.de/10005045610
growth-led demand for oil, particularly that emanating from fast-growing, energy-intensive developing countries, and the …
Persistent link: https://www.econbiz.de/10005045775
Empirical work shows that competition is important for promoting economic growth. However, in Japan the promotion of competition has long been compromised by ministerial guidance and exemptions from the competition law. Thus, the level and growth of productivity have been low in many...
Persistent link: https://www.econbiz.de/10005045937
This paper provides an overview of the political economy of oil in the CIS. It briefly situates the region's oil sector potential in the global context, before analysing the structural features of the oil sectors by country. It examines the ways in which CIS oil industries have been organised...
Persistent link: https://www.econbiz.de/10005046116