UID:
edoccha_9958056960302883
Format:
1 online resource (44 p.)
ISBN:
1-5135-6725-X
,
1-5135-0949-7
Series Statement:
IMF Working Papers
Content:
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.
Note:
Description based upon print version of record.
,
Cover Page; Title Page; Copyright Page; Contents; Text Figures; Tables; Figures; Annex; I. Introduction; Energy Imports Volume, 2010-13; Energy Imports, 2010-13; II. An Overview of the New Energy Sources and Their Macro Impact; 1. NEPCO Cost Recovery Under Different International Oil Price Assumptions; 1. Macroeconomic Impact of New Energy Source Under Different Oil Price Scenarios, 2015-25; III. New Import Sources; 2. Price Per Unit of Energy of Alternative Fuel Imports (/MMBTU) Under Different International Oil Prices Assumptions; 2. The Planned Pipeline Between Basra and Aqaba
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IV. New Domestic Energy SourcesV. Conclusions and Policy Recommendations; Assumptions and Methodology for Estimating the Macroeconomic Impact of New Energy Sources; References; Footnotes
,
English
Additional Edition:
ISBN 1-5135-4403-9
Language:
English
