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Over the next decade, African countries are expected to be the largest beneficiaries of increased donor aid, which is intended to improve their prospects of achieving the Millennium Development Goals. This handbook will help these countries assess the macroeconomic implications of increased aid...
Persistent link: https://www.econbiz.de/10014411724
Persistent link: https://www.econbiz.de/10003468306
Energy subsidies have wide-ranging economic consequences. Although they are aimed at protecting consumers, subsidies aggravate fiscal imbalances, crowd out priority public spending, and depress private investment, including in the energy sector. Subsidies also distort resource allocation by...
Persistent link: https://www.econbiz.de/10012678205
Energy subsidies have wide-ranging economic consequences. Although they are aimed at protecting consumers, subsidies aggravate fiscal imbalances, crowd out priority public spending, and depress private investment, including in the energy sector. Subsidies also distort resource allocation by...
Persistent link: https://www.econbiz.de/10014412066