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Energy Subsidies and Public Social Spending

Energy Subsidies and Public Social Spending »

Source: Energy Subsidies and Public Social Spending : Theory and Evidence

Volume/Issue: 2015/101

Series: IMF Working Papers

Author(s): Christian Ebeke , and Constant Lonkeng Ngouana

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 06 May 2015

ISBN: 9781475580747

Keywords: Energy subsidies, Public social spending, Causality, subsidy, tax, energy subsidy, Cross-Sectional Models, Single Equation Models: Single Variables: Instrumental Variables (IV) Estimation, Causality.,

This paper shows that high energy subsidies and low public social spending can emerge as an equilibrium outcome of a political game between the elite and the middle-class when the provision of public goods is subje...

Equatorial Guinea

Equatorial Guinea »

Source: Equatorial Guinea : Selected Issues and Statistical Appendix

Volume/Issue: 2003/386

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 09 December 2003

ISBN: 9781451815931

Keywords: oil sector, commercial banks, public investment, petroleum products, oil production

This study discusses a number of policy options that could help transform Equatorial Guinea's oil wealth into sustainable improvements in living conditions. The development of Equatorial Guinea's non-oil sector ove...

2011 Spillover Report—Selected Issues

2011 Spillover Report—Selected Issues »

Source: Euro Area Policies : Spillover Report for the 2011 Article IV Consultation and Selected Issues

Volume/Issue: 2011/185

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 July 2011

ISBN: 9781462339549

Keywords: spillovers, bond, financial markets, financial market, financial sector, Euro Area Policies:,

The euro area (EA) plays a major role in the global economy. Market perceptions of events in the EA program countries illustrate the possibility of large spillovers from the area in times of stress. The prospect of...

Islamic Banking

Islamic Banking »

Source: Islamic Banking : Issues in Prudential Regulations and Supervision

Volume/Issue: 1998/30

Series: IMF Working Papers

Author(s): Luca Errico , and Mitra Farahbaksh

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 1998

ISBN: 9781451980417

Keywords: Islamic Banking, Prudential Regulations, Banking Supervision, banking, islamic banks, mudaraba

This paper analyzes the implications of Islamic precepts on banks’ structure and activities, focusing on banking supervision issues. It points out and discusses these issues in the context of a paradigm vers...

From Ambition to Execution

From Ambition to Execution »

Source: From Ambition to Execution : Policies in Support of Sustainable Development Goals

Volume/Issue: 2015/18

Series: Staff Discussion Notes

Author(s): Stefania Fabrizio , Rodrigo Garcia-Verdu , Catherine Pattillo , Adrian Peralta-Alva , Andrea Presbitero , Baoping Shang , Genevieve Verdier , Marie-Therese Camilleri , Kazuaki Washimi , Lisa Kolovich , Monique Newiak , Martin Cihak , Inci Otker , Luis-Felipe Zanna , and Carol Baker

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 September 2015

ISBN: 9781513573304

Keywords: Inclusive growth, Income inequality, Gender, Environmental sustainability, Sustainable development, Fiscal policy, Developing countries, sustainable development goals, growth, structural transformation

The formal launch of the Sustainable Development Goals (SDGs) sets the global development agenda through 2030, placing significant emphasis on promoting social and environmental sustainability alongside economic gr...

Nigeria: Selected Issues and Statistical Appendix

Nigeria: Selected Issues and Statistical Appendix »

Source: Nigeria : Selected Issues and Statistical Appendix

Volume/Issue: 2005/303

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 26 August 2005

ISBN: 9781451828979

Keywords: fiscal policy, international monetary fund, financial assets, central bank

This Selected Issues paper on Nigeria highlights challenges faced by the country in building on the achievements of 2004. The authorities will have to maintain macroeconomic stability while implementing ambitious s...

Regional Trade Arrangements in Africa

Regional Trade Arrangements in Africa »

Source: Regional Trade Arrangements in Africa : Past Performance and the Way Forward

Volume/Issue: 2005/36

Series: IMF Working Papers

Author(s): Yongzheng Yang , and Sanjeev Gupta

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 February 2005

ISBN: 9781451860559

Keywords: Regional Trade Arrangements, regional integration, regional trade, trade liberalization, intraregional trade, Simulation Methods, Macroeconomic Aspects of International Trade and Finance: Forecasting and Simulation,

Regional trade arrangements (RTAs) in Africa have been ineffective in promoting trade and foreign direct investment. Relatively high external trade barriers and low resource complementarity between member countries...

Enhancing Development Assistance to Africa: Lessons from Scaling-Up Scenarios

Enhancing Development Assistance to Africa: Lessons from Scaling-Up Scenarios »

Source: Enhancing Development Assistance to Africa : Lessons from Scaling-Up Scenarios

Series: Departmental Papers / Policy Papers

Author(s): Matthew Gaertner , Laure Redifer , Pedro Conceição , Rafael Portillo , Luis-Felipe Zanna , Jan Gottschalk , Andrew Berg , Ayodele Odusola , Brett House , and José Saúl Lizondo

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 March 2012

ISBN: 9781616352370

Keywords: Official development assistance, Sub-Saharan Africa, exchange rate, public investment, real exchange rate, exchange rate appreciation, real exchange rate appreciation

The pace of progress toward achievement of the Millenium Development Goals (MDG) in many sub-Saharan African countries remains too slow to reach targets by 2015, despite significant progress in the late 1990s. The...

Madagascar

Madagascar »

Source: Madagascar : Recent Economic Developments

Volume/Issue: 2000/92

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 30 August 2000

ISBN: 9781451825244

Keywords: article, debt, interest, central bank, budget

This paper analyzes the recent economic developments in Madagascar under the new Poverty Reduction and Growth Facility Arrangement. It highlights the production, income, and overall fiscal developments; discusses v...

Energy Subsidy Reform in Sub-Saharan Africa: Experiences and Lessons

Energy Subsidy Reform in Sub-Saharan Africa: Experiences and Lessons »

Source: Energy Subsidy Reform in Sub-Saharan Africa : Experiences and Lessons

Volume: 13

Series: Departmental Papers / Policy Papers

Author(s): Trevor Alleyne , and Mumtaz Hussain

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 August 2013

ISBN: 9781484366547

Keywords: Cross country analysis, Electric power, Energy sector, Energy taxes, Oil prices, Fiscal reforms, Gasoline prices, Sub-Saharan Africa, Subsidies, electricity

The reform of energy subsidies is an important but challenging issue for sub-Saharan African (SSA) countries. There is a relatively large theoretical and empirical literature on this issue. While this paper relies...