Vai al contenuto principale della pagina
Autore: | Saavalainen Tapio |
Titolo: | Quasi-Fiscal Deficits and Energy Conditionality in Selected CIS Countries / / Tapio Saavalainen, Joy Mylène Berge |
Pubblicazione: | Washington, D.C. : , : International Monetary Fund, , 2006 |
Descrizione fisica: | 1 online resource (37 p.) |
Soggetto topico: | Municipal services - Former Soviet republics |
Government business enterprises - Former Soviet republics | |
Public utilities - Former Soviet republics | |
Deficit financing - Former Soviet republics | |
Banks and Banking | |
Investments: Energy | |
Macroeconomics | |
Taxation | |
Industries: Energy | |
Exports and Imports | |
Mining, Extraction, and Refining: Hydrocarbon Fuels | |
Fiscal Policy | |
Socialist Systems and Transitional Economies: Planning, Coordination, and Reform | |
International Monetary Arrangements and Institutions | |
Structure, Scope, and Performance of Government | |
Trade Policy | |
International Trade Organizations | |
Energy and the Macroeconomy | |
Electric Utilities | |
Comparison of Public and Private Enterprises and Nonprofit Institutions | |
Privatization | |
Contracting Out | |
Banks | |
Depository Institutions | |
Micro Finance Institutions | |
Mortgages | |
International Lending and Debt Problems | |
Public finance & taxation | |
Petroleum, oil & gas industries | |
Investment & securities | |
Banking | |
International economics | |
Tariffs | |
Energy sector | |
Electricity | |
Taxes | |
Economic sectors | |
Commodities | |
External debt | |
Tariff | |
Energy industries | |
Electric utilities | |
Banks and banking | |
Debts, External | |
Soggetto geografico: | Kyrgyz Republic |
Altri autori: | BergeJoy Mylène |
Note generali: | "February 2006". |
Nota di contenuto: | ""Contents""; ""I. INTRODUCTION""; ""II. MEASURING THE QUASI-FISCAL DEFICIT""; ""III. MACROECONOMIC RELEVANCE OF QUASI-FISCAL DEFICITS""; ""IV. ENERGY SECTOR CONDITIONALITY""; ""V. OUTCOMES AND LESSONS LEARNED""; ""VI. POLICY OPTIONS""; ""VII. EPILOGUE""; ""References"" |
Sommario/riassunto: | Quasi-fiscal deficits of public utility companies are common in all member countries of the Commonwealth of Independent States (CIS). They constitute a significant impediment to efficient resource allocation and endanger macroeconomic stability. This paper presents a simple framework for measuring and monitoring such deficits and highlights their macroeconomic relevance. It reviews the progress under IMF conditionality aimed at correcting these imbalances during 1993-2003. The paper suggests that the extensive conditionality under the IMF-supported programs has yielded only limited progress in reducing the energy sector's financial imbalances. In conclusion, different policy options are discussed in light of the lessons learned. |
Titolo autorizzato: | Quasi-Fiscal Deficits and Energy Conditionality in Selected CIS Countries |
ISBN: | 1-4623-1853-3 |
1-4527-7134-0 | |
1-283-51258-0 | |
1-4519-0839-3 | |
9786613825032 | |
Formato: | Materiale a stampa |
Livello bibliografico | Monografia |
Lingua di pubblicazione: | Inglese |
Record Nr.: | 9910788417203321 |
Lo trovi qui: | Univ. Federico II |
Opac: | Controlla la disponibilità qui |