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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| Format: | Journal |
| Language: | English |
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Washington, D.C. :
International Monetary Fund,
2003.
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| Series: | IMF Policy Discussion Papers; Policy Discussion Paper ;
No. 2003/002 |
| Online Access: | Full text available on IMF |