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Petroleum Product Subsidies

Petroleum Product Subsidies »

Source: Petroleum Product Subsidies : Costly, Inequitable, and On the Rise

Volume/Issue: 2010/05

Series: IMF Staff Position Notes

Author(s): John Piotrowski , David Coady , Justin Tyson , Rolando Ossowski , Robert Gillingham , and Shamsuddin Tareq

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 25 February 2010

ISBN: 9781455239108

Keywords: Commodity price fluctuations, Oil exporting countries, Oil product prices, Oil subsidies, Price stabilization, Fiscal reforms, Governance, Taxes, Subsidies, Petroleum products

Petroleum product subsidies have again started to increase with the rebound in international prices. This note reviews recent developments in subsidy levels and argues that reforming the policy framework for settin...

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Source: Africa : Adjustment to the Challenges of Globalization

Series: Books

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 11 January 1999

ISBN: 9781557758293

Keywords: banking, expenditure, trade liberalization, civil service, banking system

James Cross Having heard these valuable contributions (and noting that Piero Ugolini based his thoughts on the results of a comprehensive study by the Monetary and Exchange Affairs D...

5 Leveraging through the International Financial Institutions

5 Leveraging through the International Financial Institutions »

Source: Global Monitoring Report, 2008 : MDGs and the Environment: Agenda for Inclusive and Sustainable Development

Series: Other Official Rpts and Docs

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 April 2008

ISBN: 9780821373842

Keywords: environment, climate change, environmental sustainability, health care, malnutrition

The past year has seen a continuation of a trend of diminishing importance of the international financial institutions (IFIs) in terms of their net financial flows. The multilateral...

6 Liberalizing the Trade System

6 Liberalizing the Trade System »

Source: Africa : Adjustment to the Challenges of Globalization

Series: Books

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 11 January 1999

ISBN: 9781557758293

Keywords: banking, expenditure, trade liberalization, civil service, banking system

Increasing links between international markets is not a new phenomenon. Indeed, growth in the value of international trade in goods and services has significantly exceeded GDP growth almost every year for th...

Chapter 14. Distributional Consequences and Policy Responses to Food Price Inflation in Developing Asia

Chapter 14. Distributional Consequences and Policy Responses to Food Price Inflation in Developing Asia »

Source: Commodity Price Volatility and Inclusive Growth in Low-Income Countries

Series: Books

Author(s): Rabah Arezki , Catherine Pattillo , Marc Quintyn , and Min Zhu

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 October 2012

ISBN: 9781616353797

Keywords: hedging, fiscal policy, inflation, terms of trade, food prices

Introduction Rapidly rising food prices are not just a macroeconomic problem. By directly influencing poverty levels, they create a political challenge for developing countries. As t...

VI. Public Sector Employment

VI. Public Sector Employment »

Source: Public Expenditure Handbook : A Guide to Public Policy Issues in Developing Countries

Series: Books

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 September 1991

ISBN: 9781557752222

Keywords: expenditure, public expenditure, military, health care, fiscal policy

What determines the number of public sector employees? What is the relationship between the publ...

Chapter 5. How Should Emerging Market and Low-Income Country Central Banks Respond to Commodity Price Shocks?

Chapter 5. How Should Emerging Market and Low-Income Country Central Banks Respond to Commodity Price Shocks? »

Source: Commodity Price Volatility and Inclusive Growth in Low-Income Countries

Series: Books

Author(s): Rabah Arezki , Catherine Pattillo , Marc Quintyn , and Min Zhu

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 October 2012

ISBN: 9781616353797

Keywords: hedging, fiscal policy, inflation, terms of trade, food prices

Introduction Over the last two decades, inflation targeting (IT)—in either an explicit or an implicit form—has become the monetary policy framework of choice for most advanced econom...

11 Prospects for Increasing Foreign Direct Investment in Low-Income Countries

11 Prospects for Increasing Foreign Direct Investment in Low-Income Countries »

Source: External Finance for Low-Income Countries

Series: Books

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 September 1997

ISBN: 9781451957198

Keywords: debt, external debt, creditors, debt relief, debt overhang

The increase in the share of private flows and the decrease in the share of official flows to developing countries means a shift from a political universe of discourse to a voluntar...

Chapter 3. The Political Economy of Petroleum Wealth in Low-Income Countries: Some Policy Alternatives

Chapter 3. The Political Economy of Petroleum Wealth in Low-Income Countries: Some Policy Alternatives »

Source: Commodity Price Volatility and Inclusive Growth in Low-Income Countries

Series: Books

Author(s): Rabah Arezki , Catherine Pattillo , Marc Quintyn , and Min Zhu

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 October 2012

ISBN: 9781616353797

Keywords: hedging, fiscal policy, inflation, terms of trade, food prices

Introduction The problems created by abundant mineral wealth—commonly referred to as the natural resource curse—are mostly political, not economic. If low-income countries were gover...

Chapter 6. Savings and Investment Decisions in Resource-Rich Low-Income Countries

Chapter 6. Savings and Investment Decisions in Resource-Rich Low-Income Countries »

Source: Commodity Price Volatility and Inclusive Growth in Low-Income Countries

Series: Books

Author(s): Rabah Arezki , Catherine Pattillo , Marc Quintyn , and Min Zhu

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 October 2012

ISBN: 9781616353797

Keywords: hedging, fiscal policy, inflation, terms of trade, food prices

Introduction Many of the poorest countries on Earth are in the throes of a double bonanza of high prices for their natural resource exports coupled with new discoveries. Over the nex...