TY - BOOK ID - 84655843 TI - New Energy Sources for Jordan : Macroeconomic Impact and Policy Considerations AU - Gamba, Andrea. AU - International Monetary Fund PY - 2015 SN - 151356725X 1513509497 PB - Washington, D.C. : International Monetary Fund, DB - UniCat KW - Energy industries -- Economic aspects. KW - Energy industries. KW - Energy sources. KW - Renewable energy sources. KW - Mechanical Engineering KW - Engineering & Applied Sciences KW - Mechanical Engineering - General KW - Investments: Energy KW - Exports and Imports KW - Macroeconomics KW - Taxation KW - Energy KW - Policy Objectives KW - Policy Designs and Consistency KW - Policy Coordination KW - Fiscal Policy KW - Publicly Provided Goods: Mixed Markets KW - Energy: General KW - Energy: Demand and Supply KW - Prices KW - Trade: General KW - Alternative Energy Sources KW - Trade Policy KW - International Trade Organizations KW - Investment & securities KW - International economics KW - Environmental management KW - Public finance & taxation KW - Oil prices KW - Oil KW - Imports KW - Renewable energy KW - Tariffs KW - Commodities KW - International trade KW - Environment KW - Taxes KW - Petroleum industry and trade KW - Renewable energy sources KW - Tariff KW - Jordan UR - https://www.unicat.be/uniCat?func=search&query=sysid:84655843 AB - Jordan’s initiatives to reduce its energy dependency could have substantial macroeconomic implications, but will crucially depend on the level of international oil prices in the next decade. Significant uncertainties remain regarding the feasibility of the initiatives and their potential fiscal costs, including from contingent liabilities, could be very large. Given the lead time required for such major investments, work should start now on: (i) conducting comprehensive cost-benefits analysis of these projects; (ii) addressing the challenges arising from the taxation of natural resources; and (iii) designing a fiscal framework to anchor fiscal policies if revenue from these energy projects materializes. ER -