Economy-Wide Impact of Electricity Price Increases in Bangladesh

10.1596/30631 ◽  
2017 ◽  
Author(s):  
Govinda Timilsna ◽  
Sheoli Pargal ◽  
Marinos Tsigas ◽  
Sebnem Sahin

Significance More bailouts for Eskom and other cash-strapped SOEs come amid an ongoing exodus of senior executives. This has raised renewed questions about the willingness and ability of President Cyril Ramaphosa’s administration to implement the bold reforms needed to make SOEs financially and operationally sustainable. Impacts The increasingly politically charged nature of SOE leadership will make recruitment of competent officials and directors more difficult. New SOE bailouts may require further tax hikes and put pressure on the electricity regulator for even higher electricity price increases. Concerns about power supply will continue to weigh on investment and already subdued economic growth prospects.


2018 ◽  
Vol 14 (2) ◽  
Author(s):  
Sri Mahendra Putra Wirawan

Gross Regional Domestic Product (GRDP) which provides a comprehensive picture of the economic conditions of a region is indicator for analyzing economic region development. Another indicator that is no less important is inflation as an indicator to see the level of changes in price increases due to an increase in the money supply that causes rising prices. The success of development must also look at the income inequality of its population which is illustrated by this ratio. One of the main regional development goals is to improve the welfare of its people, where to see the level of community welfare, among others, can be seen from the level of unemployment in an area. To that end, in order to get an overview of the effects of GRDP, inflation and the ratio of gini to unemployment in DKI Jakarta for the last ten years (2007-2016), an analysis was carried out using multiple linear regression methods. As a result, together the relationship between GRDP, inflation and the Gini ratio is categorized as "very strong" with a score of 0.936, and has a significant influence on unemployment. Partially, the GRDP gives a significant influence, but inflation and gini ratio do not have a significant influence. GDP, inflation and the Gini ratio together for the last ten years have contributed 81.4% to unemployment in DKI Jakarta, while the remaining 18.6% is influenced by other variables not included in this research model, so for reduce unemployment in DKI Jakarta, programs that are oriented to economic growth, suppressing inflation and decreasing this ratio need to be carried out simultaneously. Keywords: GRDP, inflation, unemployment, DKI Jakarta, GINI ratio  


2016 ◽  
Author(s):  
David B. Ridley ◽  
Su Zhang
Keyword(s):  

2020 ◽  
Vol 22 (2) ◽  
pp. 42-47
Author(s):  
VIKTOR A. TSIBIKOV ◽  

The article deals with the work of Russian state authorities during the period when a new coronavirus infection (SARSCoV- 2, previously – 2019-nCoV) threatens to spread and enter the national territory. The algorithm of work and the practical measures taken to combat infection from the point of view of the requirements of the national security Strategy of the Russian Federation, as well as Federal and regional regulatory legal acts in terms of protection are analyzed. The issues of the formation of special temporary governing bodies, the goals and objectives of their activities, as well as the forms of work used: monitoring the situation, rulemaking, interagency cooperation, building up forces and means to combat the pandemic, using the information and technical base, informing the population, supporting certain sectors of the economy and certain categories of citizens are considered. Conclusions are drawn about the organized, complex and interdepartmental nature of the events, the need to improve legislation in terms of establishing legal liability for offenses under the quarantine regime, creating conditions to prevent unjustified price increases for certain types of goods, systematically informing the population and preventing the spread of false rumors, the need to support certain sectors of the economy and certain categories of citizens.


2013 ◽  
Vol 5 (11) ◽  
pp. 730-739 ◽  
Author(s):  
Pelin ÖGE GÜNEY

This paper investigates the effects of oil price changes on output and inflation for the case of Turkey using monthly time series data for the period 1990:1–2012:3. Recent studies suggest that oil price changes may have asymmetric effects on the macroeconomic variables. To account for asymmetric effects, we decompose oil price changes into positive and negative parts following Hamilton (1996). Our results show that while oil price increases have clear negative effects on output growth, the impact of oil price decline is insignificant. Similarly, oil price increases have positive and significant effects on inflation. However, oil price declines have not a significant effect on inflation. The Granger causality tests also support these results.


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