Quasi-fiscal activities, hidden government subsidies, and fiscal adjustment in Armenia PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Quasi-fiscal activities, hidden government subsidies, and fiscal adjustment in Armenia PDF full book. Access full book title Quasi-fiscal activities, hidden government subsidies, and fiscal adjustment in Armenia by Lev M. Freinkman. Download full books in PDF and EPUB format.
Author: Lev M. Freinkman
Publisher: World Bank Publications
ISBN: 9780821356043
Category : Budget deficits
Languages : en
Pages : 62
Get Book
Book Description
Author: Lev M. Freinkman
Publisher: World Bank Publications
ISBN: 9780821356043
Category : Budget deficits
Languages : en
Pages : 62
Get Book
Book Description
Author: Lev Freinkman
Publisher:
ISBN:
Category :
Languages : en
Pages : 38
Get Book
Book Description
This paper aims to develop a detailed analysis of quasi-fiscal deficits and subsidies, and their impact on Armenia's fiscal performance in the second part of the 90-s. Based on the flow-of-funds approach, we estimate the magnitude of the quasi-fiscal deficits and the incidence of quasi-fiscal subsidies in Armenia, as well as identify main recipients and donors of quasi-fiscal financing. The main finding of the paper is that, while quasi-fiscal deficits in Armenia remain considerable, their recent decline has been the main source of fiscal adjustment in Armenia to date. The paper also shows that the population remains a major ultimate recipient of quasi-fiscal subsidies. Thus, the main distortive impact of quasi-fiscal subsidies is on social policy, not on enterprise restructuring and private sector performance.
Author: Lev M. Freinkman
Publisher: World Bank Publications
ISBN:
Category : Business & Economics
Languages : en
Pages : 64
Get Book
Book Description
This paper analyzes quasi-fiscal deficits and subsidies, and their impact on ArmeniaA's fiscal performance in the second part of the 1990s. In addition, it discusses the specific features of quasi-fiscal financing in transition economies. Estimates of ArmeniaA's actuarial and hidden deficits in the second part of the 1990s shows that its deficits were relatively modest compared to similar economies. While these deficits remain, they have declined recently, becoming the main source of fiscal adjustment in Armenia. This study also presents a comprehensive picture of subsidization in Armenia, including hidden and quasi-fiscal subsidies that were a primary cause of the hidden deficit. The paper shows the ultimate sources and main beneficiaries of these subsidies. It concludes that the main distortive impact of quasi-fiscal subsidies is on social policy, not on enterprise restructuring and private sector performance.
Author: George Kararach
Publisher: Oxford University Press
ISBN: 019106470X
Category : Business & Economics
Languages : en
Pages : 592
Get Book
Book Description
This volume provides an accessible and up-to-date account of the difficulties that the Zimbabwean economy and its population experienced during the crisis which peaked in 2008. It details the suffering and chaos that befell the country with dramatic socio-economic consequences on growth, macroeconomic stability, service delivery, livelihoods, and development. The volume seeks to provide a political economy analysis of leadership and economic management in developing economies based on Zimbabwe's experience. It examines the triggers of the crisis, and the negative impact on productive sectors such as manufacturing and agriculture, social sectors such as education and health, and on financial services. The volume will be of interest to students of policy and economic management, as well as to government departments, central banks in developing countries, development agencies, donors, and NGOs.
Author: Onur Cagdas Artantas
Publisher: Springer Nature
ISBN: 3031447603
Category : Law
Languages : en
Pages : 213
Get Book
Book Description
The global energy economy is undergoing a profound transformation, yielding several pivotal objectives. Foremost among these is mitigating greenhouse gas emissions and toxic pollutants. Another essential goal involves promoting more sustainable economies, thereby curbing material consumption and reducing our reliance on resource extraction. Further priorities include fostering energy security and economic resilience by reducing dependence on external energy sources. All these aims overlap in one common policy: accelerating the renewable energy capacity deployment. Complementing this paradigm shift is the complete electrification of economic activities and households, resulting in the need to incentivize green electricity generation. In this context, this book undertakes a comprehensive exploration of the regulatory framework underpinning the advancement of green electricity. After reviewing the political and economic dimensions, it offers an exhaustive analysis of ongoing developments in four legal domains: The WTO, EU, Germany, and Turkey. Furthermore, the book presents a legal analysis of the intricate interplay between the WTO and EU law coupled with the German and Turkish models. It focuses on the most topical and relevant issues, including the effect of the ongoing energy crisis on state aid for green electricity in the EU; WTO case law on local content requirement components of the promotion schemes; the intricate legal, economic, and political challenges that accompany Germany’s Energiewende and its phasing out of coal and nuclear energy; and Turkey’s regulatory endeavors to bolster its energy self-sufficiency strategy. Following a thorough examination encompassing theoretical, regulatory, and comparative aspects, the book moves beyond the applicable legal framework to make concrete proposals on the future design of green electricity promotion in Germany and Turkey so as to facilitate a rapid but socially equitable energy transition by incentivizing economic efficiency.
Author: Rouben Paul Adalian
Publisher: Scarecrow Press
ISBN: 9780810874503
Category : History
Languages : en
Pages : 750
Get Book
Book Description
The second edition of the Historical Dictionary of Armenia relates the turbulent past of this persistent country through a chronology, an introductory essay, a bibliography, and over 200 cross-referenced dictionary entries on significant persons, events, places, organizations, and other aspects of Armenian history from the earliest times to the present.
Author: Dr. A. S. Rao
Publisher: Laxmi Book Publication
ISBN: 1312183381
Category : Art
Languages : en
Pages : 521
Get Book
Book Description
It is a known fact that David Ricardo was the first to clearly articulate the benefits of free trade. If one looks at that the economists, entrepreneurs, and politician vigorously stressing the gains of free trade one would expect free trade to flourish in international trade without any barriers but protectionism in the form of subsidies still persists. The volume of international trade and foreign investment has increased substantially since the end of World War II but so has protection. All countries practice some type of protectionism in the form of tariffs, subsidies and more generally non tariff barriers (NTBs).However governments world over have in the last 20 years signaled they supported the free trade. But the failure for an agreement at the WTO meetings is a proof to the resilience of the protection and the ability of the special interests to get what they want out of their governments. [1] State Subsidies in the Global Economy by Nikolaos Zahariadis, Palgrave Macmillan, New York, 2008, Chpater-1
Author: M. Ramesh
Publisher: Edward Elgar Publishing
ISBN: 1847201806
Category : Political Science
Languages : en
Pages : 265
Get Book
Book Description
. . . an extremely interesting collection, full of insights and institutional detail. . . The book definitely deserves the attention of those interested in one of the most debated issues of the last 20 years in economics and political science. Herb Thompson, Journal of Contemporary Asia Deregulation and its Discontents examines the different ways in which the issues related to deregulation and reregulation have been addressed in Asia. The role of government in business has gone through distinct, if overlapping, cycles: regulation, deregulation and reregulation. However, little is known about deregulation and even less about reregulation, particularly in relation to Asia. The contributors to this book examine the links between the cycles through detvailed analyses of the electricity market, pensions and stock markets in the Asia Pacific. They also offer an explanation of regulatory cycles. This unique and inter-disciplinary book is thoroughly accessible and will be suitable for specialist as well as non-specialist readers. It will appeal to academics and researchers of public sector economics, Asian studies and the political economy of Asia in particular as well as public officials dealing with regulatory issues.
Author: Julian A. Lampietti
Publisher: World Bank Publications
ISBN: 0821366343
Category : Business & Economics
Languages : en
Pages : 260
Get Book
Book Description
Empirical insights on household behavior and electricity consumption patterns in this book reveal that, in Europe and Central Asia, the erosion of tariff based subsidies has disproportionately affected the poor, while direct transfers through social benefit systems have often been inadequately targeted. The book suggests alternative strategies for achieving cost-recovery in the electricity sector in a socially and politically acceptable manner, providing lessons that are equally relevant for other utilities and regions.
Author: K roly Attila So¢s
Publisher: Central European University Press
ISBN: 9639776858
Category : Business & Economics
Languages : en
Pages : 203
Get Book
Book Description
Discusses the policies, practices and outcomes of privatization in six transition economies: the Czech Republic, Hungary, Poland, Russia, Slovenia and Ukraine, paying particular attention to cross-country differences and to interrelations between the processes of privatisation and the political transition from communism to a new system.The analysis is restricted to the privatisation in those fields where its methods have been strongly different from privatisations in advanced market economies and where differences of privatisation principles and techniques among our six countries were also rather various. This is basically the privatisation of middle-sized and large enterprises, not including banks, non-bank financial companies, natural monopolies and agricultural entities.
