Format:
Online-Ressource (20 S.)
,
graph. Darst.
ISBN:
9781513544038
Series Statement:
IMF working paper 15/115
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
Additional Edition:
Erscheint auch als Druck-Ausgabe Gamba, Andrea New Energy Sources for Jordan: Macroeconomic Impact and Policy Considerations Washington, D.C. : International Monetary Fund, 2015 ISBN 9781513544038
Language:
English
Keywords:
Arbeitspapier
;
Graue Literatur
DOI:
10.5089/9781513544038.001
