Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

This paper assesses the main issues faced by the energy sector in a transition economy such as Romania and their macroeconomic dimension. It examines how the size of quasi-fiscal subsidies, owing mainly to inappropriate prices and the lack of financial discipline, has led to an increased focus on the energy sector under the IMF-supported programs. The paper analyzes the macroeconomic impact of recent reform measures and discusses the next steps to improve price policy and collection in energy utilities. Shifting to targeted budgetary subsidies appears also to be a crucial reform step.

Investments: Energy --- Public Finance --- Taxation --- Industries: Energy --- Taxation, Subsidies, and Revenue: General --- Production, Pricing, and Market Structure --- Size Distribution of Firms --- Electric Utilities --- Gas Utilities --- Pipelines --- Water Utilities --- Energy and the Macroeconomy --- Hydrocarbon Resources --- Trade Policy --- International Trade Organizations --- National Government Expenditures and Related Policies: General --- Petroleum, oil & gas industries --- Public finance & taxation --- Investment & securities --- Energy sector --- Natural gas sector --- Tariffs --- Electricity --- Government subsidies --- Economic sectors --- Taxes --- Commodities --- Expenditure --- Energy industries --- Gas industry --- Tariff --- Electric utilities --- Subsidies --- Romania

Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

International finance --- Devaluation of currency --- French franc area --- Monetary policy --- -Devaluation of currency --- -Monetary policy --- -336.748 <6> --- politique monetaire --- devaluation --- politique fiscale --- afrique --- AFR / Africa - Afrika - Afrique --- 333.844 --- 331.30 --- 333.432.2 --- 333.820 --- 333.431 --- 330.05 --- 332.49660917541 --- Currency devaluation --- Money --- Currency question --- Franc area, French --- Zone franc --- Monetary unions --- Monetary management --- Economic policy --- Currency boards --- Money supply --- Koopkracht van het geld. Geldontwaarding. Stagflatie. Inflatie. Deflatie. Devaluatie--Afrika --- monetair beleid --- devaluatie --- fiscaal beleid --- afrika --- Devaluatie en opwaardering. Stabilisering. J curve. --- Economische toestand. --- Frankgebied. --- Geldbeleid, bankbeleid en kredietbeleid: algemeenheden. --- Monetaire Unies. --- Devaluation --- Working papers --- French franc area. --- 336.748 <6> Koopkracht van het geld. Geldontwaarding. Stagflatie. Inflatie. Deflatie. Devaluatie--Afrika --- 336.748 <6> --- Economische toestand --- Monetaire Unies --- Frankgebied --- Geldbeleid, bankbeleid en kredietbeleid: algemeenheden --- Devaluatie en opwaardering. Stabilisering. J curve --- Devaluation of currency - Africa, French-speaking Equatorial --- Monetary policy - Africa, French-speaking West --- Monetary policy - Africa, French-speaking Equatorial

Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

Developments in the countries of the CFA franc zone in the aftermath of the January 1994 devaluation of the CFA franc are reviewed in this paper. Following a summary of the new adjusment strategy, the papers describes the progress made and the difficulties encountered during 1994 and early 1995 in implementing the programs supported by use of IMF resources.

French franc area. --- Devaluation of currency --- Monetary policy --- Monetary management --- Economic policy --- Currency boards --- Money supply --- Currency devaluation --- Money --- Currency question --- Franc area, French --- Zone franc --- Monetary unions --- Devaluation --- Banks and Banking --- Exports and Imports --- Labor --- Public Finance --- Taxation --- Money and Monetary Policy --- Macroeconomics --- Banks --- Depository Institutions --- Micro Finance Institutions --- Mortgages --- Financial Aspects of Economic Integration --- Taxation, Subsidies, and Revenue: General --- National Government Expenditures and Related Policies: General --- Trade Policy --- International Trade Organizations --- Business Taxes and Subsidies --- General Financial Markets: General (includes Measurement and Data) --- Debt --- Debt Management --- Sovereign Debt --- Fiscal Policy --- Public finance & taxation --- Banking --- International economics --- Monetary economics --- Finance --- Currency --- Foreign exchange --- Expenditure --- Tax administration core functions --- Commercial banks --- Revenue administration --- Tariffs --- Taxes --- Financial institutions --- Public debt --- Fiscal policy --- Banks and banking --- Expenditures, Public --- Tax administration and procedure --- Spendings tax --- Tariff --- Debts, Public --- Revenue --- Central African Republic