It takes the average reader and 26 minutes to read The Energy Sector Reform and Macroeconomic Adjustment in a Transition Economy by Mr.Stéphane Cossé
Assuming a reading speed of 250 words per minute. Learn more
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 the energy sector under the IMF-supported programs. The paper analyzes the macroeconomic impact of recent reform measures and discusses the next steps to improve price policy and collection in energy utilities. Shifting to targeted budgetary subsidies appears also to be a crucial reform step.
The Energy Sector Reform and Macroeconomic Adjustment in a Transition Economy by Mr.Stéphane Cossé is 26 pages long, and a total of 6,656 words.
This makes it 9% the length of the average book. It also has 8% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes and 36 minutes to read The Energy Sector Reform and Macroeconomic Adjustment in a Transition Economy aloud.
The Energy Sector Reform and Macroeconomic Adjustment in a Transition Economy is suitable for students ages 8 and up.
Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.
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