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Payment Arrears in the Gas and Electric Power Sectors of the Russian Federation and Ukraine

Payment Arrears in the Gas and Electric Power Sectors of the Russian Federation and Ukraine »

Source: Payment Arrears in the Gas and Electric Power Sectors of the Russian Federation and Ukraine

Volume/Issue: 1997/162

Series: IMF Working Papers

Author(s): Emine Gürgen , and Hrant Bagratian

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 1997

ISBN: 9781451981117

Keywords: payments arrears, gas, electric power, electricity, electric power sectors, electric power sector

This paper discusses payments arrears in the Russian Federation and Ukraine, with emphasis on the gas and electric power sectors. Payments arrears, which were triggered primarily by the dislocations experienced dur...

Payment Arrears in the Gas and Electric Power Sectors of the Russian Federation and Ukraine

Payment Arrears in the Gas and Electric Power Sectors of the Russian Federation and Ukraine »

Volume/Issue: 1997/162

Series: IMF Working Papers

Author(s): Emine Gürgen , and Hrant Bagratian

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 1997

DOI: http://dx.doi.org/10.5089/9781451981117.001

ISBN: 9781451981117

Keywords: payments arrears, gas, electric power, electricity, electric power sectors, electric power sector

This paper discusses payments arrears in the Russian Federation and Ukraine, with emphasis on the gas and electric power sectors. Payments arrears, which were triggered primarily by the dislocations experienced dur...

Energy Sector Quasi-Fiscal Activities in the Countries of the Former Soviet Union

Energy Sector Quasi-Fiscal Activities in the Countries of the Former Soviet Union »

Source: Energy Sector Quasi-Fiscal Activities in the Countries of the Former Soviet Union

Volume/Issue: 2002/60

Series: IMF Working Papers

Author(s): Aleh Tsyvinski , Martin Petri , and Günther Taube

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2002

ISBN: 9781451848069

Keywords: transition countries, quasi-fiscal activities, implicit subsidies, implicit taxation, payment arrears, gas, fiscal activities, coal, fiscal deficit, Structure

A decade into the transition, many of the successor states of the former Soviet Union (FSU) continue to use energy sector quasi-fiscal activities (QFAs), especially low energy prices and the toleration of payment a...

Why Does Fdi Go Where it Goes? New Evidence From the Transition Economies

Why Does Fdi Go Where it Goes? New Evidence From the Transition Economies »

Source: Why Does Fdi Go Where it Goes? New Evidence From the Transition Economies

Volume/Issue: 2003/228

Series: IMF Working Papers

Author(s): Yuko Kinoshita , and Nauro Campos

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 2003

ISBN: 9781451875461

Keywords: fdi, market size, foreign investors, host country, Multiple or Simultaneous Equation Models: Models with Panel Data, Socialist Systems and Transitional Economies: Performance and Prospects,

This paper examines the importance of agglomeration economies and institutions vis-a-vis initial conditions and factor endowments in explaining the locational choice of foreign investors. Using a unique panel data...

In the Pipeline

In the Pipeline »

Source: In the Pipeline : Georgia's Oil and Gas Transit Revenues

Volume/Issue: 2004/209

Series: IMF Working Papers

Author(s): Jonathan Dunn , Andreas Billmeier , and Bert van Selm

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 2004

ISBN: 9781451874785

Keywords: Transit fees, fiscal revenue, gas, oil and gas, gas transit, oil producing, oil producing countries, Energy and the Macroeconomy,

Starting in 2005, nontax revenue in Georgia is expected to rise significantly, in the form of transit fees for oil transported through the Baku-Tbilisi-Ceyhan Oil Pipeline. Transit fees for gas transported through...

Foreign Banks and the Vienna Initiative

Foreign Banks and the Vienna Initiative »

Source: Foreign Banks and the Vienna Initiative : Turning Sinners Into Saints?

Volume/Issue: 2012/117

Series: IMF Working Papers

Author(s): Ralph De Haas , Yevgeniya Korniyenko , Alexander Pivovarsky , and Elena Loukoianova

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 2012

ISBN: 9781475503463

Keywords: Foreign Banks, Vienna Initiative, Financial Crisis, State Support, subsidiaries, banking, bank subsidiaries, capital markets, bank lending

We use data on 1,294 banks in Central and Eastern Europe to analyze how bank ownership and creditor coordination in the form of the Vienna Initiative affected credit growth during the 2008-09 crisis. As part of the...

Zero Corporate Income Tax in Moldova

Zero Corporate Income Tax in Moldova »

Source: Zero Corporate Income Tax in Moldova : Tax Competition and Its Implications for Eastern Europe

Volume/Issue: 2008/203

Series: IMF Working Papers

Author(s): Marcin Piatkowski , and Mariusz Jarmuzek

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 2008

ISBN: 9781451870619

Keywords: corporate tax, tax coordination, corporate tax rates, tax revenue, Moldova, Republic of,

Global economic integration intensified tax competition and raised concerns about the resulting "race to the bottom", which could undermine public investment and social spending. The aim of this paper is to test pr...

How to Deal with Azerbaijan's Oil Boom? Policy Strategies in a Resource-Rich Transition Economy

How to Deal with Azerbaijan's Oil Boom? Policy Strategies in a Resource-Rich Transition Economy »

Source: How to Deal with Azerbaijan's Oil Boom? Policy Strategies in a Resource-Rich Transition Economy

Volume/Issue: 1998/6

Series: IMF Working Papers

Author(s): Christoph Rosenberg , and Tapio Saavalainen

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 1998

ISBN: 9781451929164

Keywords: Dutch disease, transition, oil, oil revenues, transition countries, oil sector, transition economies, transition economy

The petroleum-rich former Soviet republics around the Caspian Sea face the dual challenge of managing the transition to a market economy and a booming resource sector. This paper examines this challenge with partic...

Tax Concessions and Foreign Direct Investment in the Eastern Caribbean Currency Union

Tax Concessions and Foreign Direct Investment in the Eastern Caribbean Currency Union »

Source: Tax Concessions and Foreign Direct Investment in the Eastern Caribbean Currency Union

Volume/Issue: 2008/257

Series: IMF Working Papers

Author(s): Jingqing Chai , and Rishi Goyal

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 2008

ISBN: 9781451871159

Keywords: Concessions, Incentives, ECCU, fdi, tax incentives, direct investment,

Tax concessions have been employed as a central component of the development strategy in the small island states comprising the Eastern Caribbean Currency Union. This paper compares the costs of concessions in term...

Managing Systemic Liquidity Risk in Financially Dollarized Economies

Managing Systemic Liquidity Risk in Financially Dollarized Economies »

Source: Managing Systemic Liquidity Risk in Financially Dollarized Economies

Volume/Issue: 2005/188

Series: IMF Working Papers

Author(s): Eduardo Levy Yeyati , Alain Ize , and Miguel Kiguel

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 2005

ISBN: 9781451862072

Keywords: Systemic Liquidity, central bank, banking, banking system, liquid reserves, bank runs,

This paper evaluates ways to protect highly dollarized banking systems from systemic liquidity runs (such as the ones that took place recently in Argentina, Uruguay, and Paraguay). In view of the limitations of ava...