Recent spikes in oil prices have thrown light on how economic activity in emerging markets may be impacted by oil price shocks. This paper conducts an empirical analysis of the effect of oil price shocks on emerging markets. It tests for the existence of an asymmetrical relationship between oil...

Market-based reforms have been promoted over the past decades to improve the performance of the power sector. This systematic review assesses the effect of market-based reforms in developing countries on intermediate outcomes like technical efficiency and the resulting impacts on electricity...