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Before the onset of the global financial crisis in late 2008, countries in Eastern Europe and Central Asia (ECA) experienced strong economic growth. Demand for electricity increased steadily with gross domestic product (GDP). GDP grew, on average, 6.5 percent between 2000 and 2007, and...
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The cost of energy in Eastern Europe and Central Asia, as elsewhere, is an important policy issue, as shown by the concerns for energy affordability during the past harsh winter. Governments try to moderate the burden of energy expenditures that is experienced by households through subsidies to...
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In the wake of the Soviet Union's collapse, Armenia, like other former Soviet republics, began to struggle with the implications of its newfound independence. In the electricity sector, this meant learning how to manage and sustain a fragment of a system that had never been designed to function...
Persistent link: https://www.econbiz.de/10010628685
Tajikistan's electricity system is in a state of crisis. Approximately 70 percent of the Tajik people suffer from extensive shortages of electricity during the winter. These shortages, estimated at about 2,700 GWh, about a quarter of winter electricity demand, impose economic losses estimated at...
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The report is organized as follows. Chapter one sets out the strategic context for Iraq, including the evolving political situation, macroeconomic context, and poverty and social conditions. Chapter two analyzes the trends in, and composition of, public expenditure, both from economic and...
Persistent link: https://www.econbiz.de/10010887960
Countries everywhere are divided into two distinct spatial realms: one urban, one rural. Classic models of development predict faster growth in the urban sector, causing rapid migration from rural areas to cities, lifting average incomes in both places. The process continues until the marginal...
Persistent link: https://www.econbiz.de/10010887961
Well-run water utilities play an important role in ending poverty and boosting shared prosperity. Consumers need reliable access to high quality and affordable water and sanitation services. To deliver these basic services efficiently and effectively requires high-performing utilities that are...
Persistent link: https://www.econbiz.de/10010903266