The Energy Sector Reform and Macroeconomic Adjustment in a Transition Economy : The Case of Romania /

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 th...

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Автор: Cosse, Stephane
Формат: Журнал
Мова:English
Опубліковано: Washington, D.C. : International Monetary Fund, 2003.
Серія:IMF Policy Discussion Papers; Policy Discussion Paper ; No. 2003/002
Онлайн доступ:Full text available on IMF