Energy Sector Quasi-Fiscal Activities in the Countries of the Former Soviet Union:
A decade into the transition, many of the successor states of the former Soviet Union (FSU) continue to use energy sector quasi-fiscal activities (QFAs), especially low energy prices and the toleration of payment arrears, to provide large implicit and untargeted subsidies. These activities disguise...
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Washington, D.C
International Monetary Fund
2002
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Schriftenreihe: | IMF Working Papers
Working Paper No. 02/60 |
Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
Zusammenfassung: | A decade into the transition, many of the successor states of the former Soviet Union (FSU) continue to use energy sector quasi-fiscal activities (QFAs), especially low energy prices and the toleration of payment arrears, to provide large implicit and untargeted subsidies. These activities disguise the overall size of the government, cause overconsumption and waste, and contribute to macroeconomic imbalances. This paper analyses such activities in FSU countries, with particular emphasis on two case studies (Azerbaijan and Ukraine). The paper''s policy conclusions point to the need to increase energy prices, combined with a strengthening of safety nets to protect the poor, better enforcement of payment discipline, and more efforts to achieve fiscal transparency |
Beschreibung: | 1 Online-Ressource (34 p) |
ISBN: | 1451848064 9781451848069 |
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spelling | Tsyvinski, Aleh Verfasser aut Energy Sector Quasi-Fiscal Activities in the Countries of the Former Soviet Union Tsyvinski, Aleh Washington, D.C International Monetary Fund 2002 1 Online-Ressource (34 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 02/60 A decade into the transition, many of the successor states of the former Soviet Union (FSU) continue to use energy sector quasi-fiscal activities (QFAs), especially low energy prices and the toleration of payment arrears, to provide large implicit and untargeted subsidies. These activities disguise the overall size of the government, cause overconsumption and waste, and contribute to macroeconomic imbalances. This paper analyses such activities in FSU countries, with particular emphasis on two case studies (Azerbaijan and Ukraine). The paper''s policy conclusions point to the need to increase energy prices, combined with a strengthening of safety nets to protect the poor, better enforcement of payment discipline, and more efforts to achieve fiscal transparency Online-Ausg Petri, Martin Sonstige oth Taube, Günther Sonstige oth http://elibrary.imf.org/view/IMF001/02053-9781451848069/02053-9781451848069/02053-9781451848069.xml Verlag URL des Erstveröffentlichers Volltext |
spellingShingle | Tsyvinski, Aleh Energy Sector Quasi-Fiscal Activities in the Countries of the Former Soviet Union |
title | Energy Sector Quasi-Fiscal Activities in the Countries of the Former Soviet Union |
title_auth | Energy Sector Quasi-Fiscal Activities in the Countries of the Former Soviet Union |
title_exact_search | Energy Sector Quasi-Fiscal Activities in the Countries of the Former Soviet Union |
title_exact_search_txtP | Energy Sector Quasi-Fiscal Activities in the Countries of the Former Soviet Union |
title_full | Energy Sector Quasi-Fiscal Activities in the Countries of the Former Soviet Union Tsyvinski, Aleh |
title_fullStr | Energy Sector Quasi-Fiscal Activities in the Countries of the Former Soviet Union Tsyvinski, Aleh |
title_full_unstemmed | Energy Sector Quasi-Fiscal Activities in the Countries of the Former Soviet Union Tsyvinski, Aleh |
title_short | Energy Sector Quasi-Fiscal Activities in the Countries of the Former Soviet Union |
title_sort | energy sector quasi fiscal activities in the countries of the former soviet union |
url | http://elibrary.imf.org/view/IMF001/02053-9781451848069/02053-9781451848069/02053-9781451848069.xml |
work_keys_str_mv | AT tsyvinskialeh energysectorquasifiscalactivitiesinthecountriesoftheformersovietunion AT petrimartin energysectorquasifiscalactivitiesinthecountriesoftheformersovietunion AT taubegunther energysectorquasifiscalactivitiesinthecountriesoftheformersovietunion |