02044cas a2200241 a 4500 AALejournalIMF005139 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451870145 1018-5941 BD-DhAAL BD-DhAAL Fabig, Holger. Modeling Macro-Critical Energy Sectors in Low-Income Countries : A General Framework and an Application to Cote d'Ivoire / Holger Fabig. Washington, D.C. : International Monetary Fund, 2008. 1 online resource (30 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper proposes a general framework for monitoring macro-critical energy sectors in low-income countries, defined as consisting of the three subsectors of crude oil and natural gas production, refinery, and electricity production. It aims to derive consistent information on physical and financial flows in the sector, including on interlinkages between the subsectors. It then applies this framework to Cote d'Ivoire. While being an important source of growth, the Ivoirien energy sector is found to have important shortcomings, in particular as regards transparency, efficiency and contribution to fiscal revenue. Among the key problems are partially intransparent production sharing arrangements for hydrocarbon production, price distortions for natural gas, administered prices for refined petroleum products, underfunding and lack of investment in the electricity sector, and inefficient government subsidies in the latter two subsectors. Mode of access: Internet IMF Working Papers; Working Paper ; No. 2008/156 Full text available on IMF http://elibrary.imf.org/view/journals/001/2008/156/001.2008.issue-156-en.xml IMF e-Library