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|a UAMI
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|a Saavalainen, Tapio,
|e author.
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|a Quasi-fiscal deficits and energy conditionality in selected CIS countries /
|c prepared by Tapio Saavalainen and Joy ten Berge.
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|a [Washington, D.C.] :
|b International Monetary Fund, Middle East and Central Asia Dept.,
|c ©2006.
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300 |
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|a 1 online resource (35 pages) :
|b illustrations
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|a text
|b txt
|2 rdacontent
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|b c
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|a IMF working paper ;
|v WP/06/43
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|a Print version record.
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|a 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.
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|a 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
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|a ProQuest Ebook Central
|b Ebook Central Academic Complete
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650 |
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|a Municipal services
|z Former Soviet republics.
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650 |
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|a Government business enterprises
|z Former Soviet republics.
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650 |
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|a Public utilities
|z Former Soviet republics.
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|a Deficit financing
|z Former Soviet republics.
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650 |
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6 |
|a Services municipaux
|z Ex-URSS.
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650 |
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|a Entreprises publiques
|z Ex-URSS.
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650 |
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|a Services publics
|z Ex-URSS.
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650 |
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|a Financement par le déficit
|z Ex-URSS.
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650 |
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7 |
|a Deficit financing
|2 fast
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650 |
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7 |
|a Government business enterprises
|2 fast
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650 |
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7 |
|a Municipal services
|2 fast
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650 |
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7 |
|a Public utilities
|2 fast
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651 |
|
7 |
|a Soviet Union
|z Former Soviet republics
|2 fast
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1 |
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|a Berge, Joy ten,
|e author.
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2 |
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|a International Monetary Fund.
|b Middle East and Central Asia Department.
|
758 |
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|i has work:
|a Quasi-fiscal deficits and energy conditionality in selected CIS countries (Text)
|1 https://id.oclc.org/worldcat/entity/E39PCGFdydKFjyWdV7pjGwmBKd
|4 https://id.oclc.org/worldcat/ontology/hasWork
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830 |
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0 |
|a IMF working paper ;
|v WP/06/43.
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856 |
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|u https://ebookcentral.uam.elogim.com/lib/uam-ebooks/detail.action?docID=3014356
|z Texto completo
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