If Not Now When Energy Price Reform In Arab Countries April 2017 Rabat Morocco

Author : International Monetary Fund
Publisher : International Monetary Fund
ISBN 13 : 1498346731
Total Pages : 43 pages
Book Rating : 4.33/5 ( download)

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Download or read book If Not Now, When? Energy Price Reform in Arab Countries; April 2017 Rabat, Morocco written by International Monetary Fund and published by International Monetary Fund. This book was released on 2017-06-13 with total page 43 pages. Available in PDF, EPUB and Kindle. Book excerpt: Regulating energy prices has been a common practice around the world. The objective is, generally, to facilitate access to energy products, which are central to people’s well-being and countries’ economic development. However, energy price regulation also leads to wasteful and excessive consumption, discourages investment in the energy sector, and locks in inefficient technologies. Low energy prices also result in subsidies that erode fiscal space, while benefits for the poor are limited. All these effects have been evident in Arab countries, where domestic energy prices are among the lowest in the world. The current environment of low oil prices offers a unique opportunity for change. Lessons from international experience suggest how well thought-out and sequenced reforms can be successful.

Author : OECD
Publisher : OECD Publishing
ISBN 13 : 926490493X
Total Pages : 190 pages
Book Rating : 4.34/5 ( download)

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Download or read book OECD Environmental Performance Reviews OECD Green Growth Policy Review of Egypt 2024 written by OECD and published by OECD Publishing. This book was released on 2024-07-02 with total page 190 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the first Green Growth Policy Review of Egypt. It examines progress towards sustainable development and green growth over the past decade. The 40 recommendations aim to help Egypt improve its environmental performance, giving a special focus to building climate-smart, resilient and inclusive cities.

Author : World Bank Group
Publisher : World Bank Publications
ISBN 13 : 1464815801
Total Pages : 402 pages
Book Rating : 4.05/5 ( download)

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Download or read book Global Economic Prospects, June 2020 written by World Bank Group and published by World Bank Publications. This book was released on 2020-07-07 with total page 402 pages. Available in PDF, EPUB and Kindle. Book excerpt: The COVID-19 pandemic has, with alarming speed, dealt a heavy blow to an already-weak global economy, which is expected to slide into its deepest recession since the second world war, despite unprecedented policy support. The global recession would be deeper if countries take longer to bring the pandemic under control, if financial stress triggers defaults, or if there are protracted effects on households and firms. Economic disruptions are likely to be more severe and protracted in emerging market and developing economies with larger domestic outbreaks and weaker medical care systems; greater exposure to international spillovers through trade, tourism, and commodity and financial markets; weaker macroeconomic frameworks; and more pervasive informality and poverty. Beyond the current steep economic contraction, the pandemic is likely to leave lasting scars on the global economy by undermining consumer and investor confidence, human capital, and global value chains. Being mostly a reflection of the recent plunge in global energy demand, low oil prices are unlikely to provide much of a boost to global growth in the near term. While policymakers' immediate priorities are to address the health crisis and moderate the short-term economic losses, the likely long-term consequences of the pandemic highlight the need to forcefully undertake comprehensive reform programs to improve the fundamental drivers of economic growth, once the crisis abates. Global Economic Prospects is a World Bank Group Flagship Report that examines global economic developments and prospects, with a special focus on emerging market and developing economies, on a semiannual basis (in January and June). The January edition includes in-depth analyses of topical policy challenges faced by these economies, while the June edition contains shorter analytical pieces.

Author : Martin Heger
Publisher : World Bank Publications
ISBN 13 : 1464818134
Total Pages : 435 pages
Book Rating : 4.34/5 ( download)

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Download or read book Blue Skies, Blue Seas written by Martin Heger and published by World Bank Publications. This book was released on 2022-05-04 with total page 435 pages. Available in PDF, EPUB and Kindle. Book excerpt: While economic and social indicators in many Middle East and North Africa (MENA) countries have improved over the past three decades, the region’s blue natural assets—clean air, healthy seas, and coastlines—have degraded virtually everywhere. Air pollution levels in the region’s cities are among the highest in the world. Per capita marine plastic pollution is among the highest in the world; coastal erosion rates are the second fastest in the world. These combined challenges threaten local communities, livelihoods, and economies. In fact, the economic cost of MENA’s deteriorating skies and seas is estimated at more than 3 percent of GDP per year. Blue Skies, Blue Seas: Air Pollution, Marine Plastics, and Coastal Erosion in the Middle East and North Africa reviews integrated solutions that the authors identify as the “four I’s†?: • Inform stakeholders about the sources of these challenges. • Provide incentives that improve environmental outcomes for the public and the private sector. • Strengthen institutions to lower air and plastic pollution and to mitigate uncontrolled development and erosion of coastlines. • Invest in abatement options and promote sustainable solutions. Restoring MENA’s blue skies and seas will benefit the health, livelihoods, and incomes of residents. There will inevitably be trade-offs, but choosing a path of green growth will create jobs, diversify economies, and make the region a better place for current and future generations. The actions of policy makers today will shape the trajectory of economies and communities for decades to come.

Author : International Monetary Fund
Publisher : International Monetary Fund
ISBN 13 : 1498346197
Total Pages : 28 pages
Book Rating : 4.91/5 ( download)

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Download or read book Gulf Cooperation Council written by International Monetary Fund and published by International Monetary Fund. This book was released on 2017-12-14 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: Global economic activity is gaining momentum. Global growth is forecast at 3.6 percent this year, and 3.7 percent in 2018, compared to 3.2 percent in 2016. Risks around this forecast are broadly balanced in the near term, but are skewed to the downside over the medium term. The more positive global growth environment should support somewhat stronger oil demand. With inflation in advanced countries remaining subdued, monetary policy is expected to remain accommodative. GCC countries are continuing to adjust to lower oil prices. Substantial fiscal consolidation has taken place in most countries, mainly focused on expenditure reduction. This is necessary, but it has weakened non-oil growth. With the pace of fiscal consolidation set to slow, non-oil growth is expected to increase to 2.6 percent this year, from 1.8 percent last year. However, because of lower oil output, overall real GDP growth is projected to slow to 0.5 percent in 2017 from 2.2 percent in 2016. Growth prospects in the medium-term remain subdued amid relatively low oil prices and geopolitical risks. Policymakers have made a strong start in adjusting fiscal policy. While the needed pace of fiscal adjustment varies across countries depending on the fiscal space available, in general countries should continue to focus on recurrent expenditure rationalization, further energy price reforms, increased non-oil revenues, and improved efficiency of capital spending. Fiscal consolidation should be accompanied by a further improvement in fiscal frameworks and institutions. The direction of fiscal policy in the GCC is broadly consistent with these recommendations. Policies should continue to be geared toward managing evolving liquidity situations in the banking system and supporting the private sector’s access to funding. While countries have made progress in enhancing their financial policy frameworks, strengthening liquidity forecasting and developing liquidity management instruments will help banks adjust to a tighter liquidity environment. Banks generally remain profitable, well capitalized, and liquid, but with growth expected to remain relatively weak, the monitoring of financial sector vulnerabilities should continue to be enhanced. Diversification and private sector development will be needed to offset lower government spending and ensure stronger, sustainable, and inclusive growth. This will require stepped-up reforms to improve the business climate and reduce the role of the public sector in the economy through privatization and PPPs. Reforms are needed to increase the incentives for nationals to work in the private sector and for private sector firms to hire them. Increasing female participation in the labor market and employment would benefit productivity and growth across the region. Where fiscal space is available, fiscal policy can be used to support the structural reforms needed to boost private sector growth and employment.

Author : International Monetary Fund. Middle East and Central Asia Dept.
Publisher : International Monetary Fund
ISBN 13 : 1484324390
Total Pages : 125 pages
Book Rating : 4.94/5 ( download)

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Download or read book Regional Economic Outlook, October 2017, Middle East and Central Asia written by International Monetary Fund. Middle East and Central Asia Dept. and published by International Monetary Fund. This book was released on 2017-10-27 with total page 125 pages. Available in PDF, EPUB and Kindle. Book excerpt: Oil exporters in the Middle East and North Africa, Afghanistan, and Pakistan region (MENAP) are continuing to adjust to lower oil prices, which have dampened growth and contributed to large fiscal and external deficits.

Author : Arturo Bris
Publisher : Routledge
ISBN 13 : 1000327795
Total Pages : 368 pages
Book Rating : 4.93/5 ( download)

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Download or read book The Right Place written by Arturo Bris and published by Routledge. This book was released on 2021-07-28 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Right Place explains why firms succeed in one country and fail in another, irrespective of their inner drivers, and suggests potential initiatives that governments can take to help the private sector create jobs and, consequently, make their countries more prosperous. The competitiveness race is not unlike a cycling race. If you want to ride fast, you need three things: a good bike, to be in good shape, and a smooth and fast road. In a collaborative model, you might say the business is the bicycle, the business leader is the cyclist, and the road is the government and the external environment. The responsibility of a government is to design and build the best possible road. It turns out that when the road is good, good cyclists suddenly appear and want to race on it. In this book, competition and macroeconomics expert, Arturo Bris, provides the analysis of country competitive performance based on 30 years advising countries on this topic. The typical mistakes that countries make are revealed and the pillars necessary in building a competitive economy: economic performance as a necessary condition for prosperity; government efficiency, so the public sector can create the conditions for a productive economy; business efficiency, so companies can create jobs; and infrastructure, both tangible and intangible, so businesses and individuals can operate efficiently. With contemporary case studies throughout, the book provides an illuminating read for politicians, business leaders and students of macroeconomics.

Author : World Bank Group
Publisher : World Bank Publications
ISBN 13 : 146481760X
Total Pages : 420 pages
Book Rating : 4.01/5 ( download)

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Download or read book Global Economic Prospects, January 2022 written by World Bank Group and published by World Bank Publications. This book was released on 2022-01-01 with total page 420 pages. Available in PDF, EPUB and Kindle. Book excerpt: Although the global economy is emerging from the collapse triggered by COVID-19, the recovery is likely to be subdued, and global GDP is projected to remain well below its pre-pandemic trend for a prolonged period. Several risks cloud the outlook, including those related to the pandemic and to rapidly rising debt. The pandemic has further diminished already-weak growth prospects for the next decade. Decisive policy actions will be critical in raising the likelihood of better growth outcomes while warding off worse ones. Immediate priorities include supporting vulnerable groups and ensuring a prompt and widespread vaccination process to bring the pandemic under control. Although macroeconomic policy support will continue to be important, limited fiscal policy space amid high debt highlights the need for an ambitious reform agenda that bolsters growth prospects. To address many of these challenges, global cooperation will be key. Global Economic Prospects is a World Bank Group Flagship Report that examines global economic developments and prospects, with a special focus on emerging market and developing economies, on a semiannual basis (in January and June). The January edition includes in-depth analyses of topical policy challenges faced by these economies, while the June edition contains shorter analytical pieces.

Author : Mostefa Ouki
Publisher :
ISBN 13 : 9781784671129
Total Pages : 29 pages
Book Rating : 4.26/5 ( download)

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Download or read book Egypt - a Return to a Balanced Gas Market? written by Mostefa Ouki and published by . This book was released on 2018 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : James L. Plummer
Publisher :
ISBN 13 :
Total Pages : 488 pages
Book Rating : 4.36/5 ( download)

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Download or read book Energy Vulnerability written by James L. Plummer and published by . This book was released on 1982 with total page 488 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent years there has been a shift away from thinking of U.S. energy problems as long-term technology and resource issues and toward a greater focus on shorter term problems of the insecurity of oil imports. In February 1980, with the impacts of the 1979 Iranian revolution fresh in everyone's mind, we formed a study group with the objective to use quantitative analytical techniques to study the impacts of oil supply disruptions and the kinds of national policies that could help reduce those impacts.