01767cas a2200241 a 4500 AALejournalIMF015265 230101c9999 xx r poo 0 0eng d 5.00 USD 9781513544038 1018-5941 BD-DhAAL BD-DhAAL Gamba, Andrea. New Energy Sources for Jordan : Macroeconomic Impact and Policy Considerations / Andrea Gamba. Washington, D.C. : International Monetary Fund, 2015. 1 online resource (21 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 Jordan's initiatives to reduce its energy dependency could have substantial macroeconomic implications, but will crucially depend on the level of international oil prices in the next decade. Significant uncertainties remain regarding the feasibility of the initiatives and their potential fiscal costs, including from contingent liabilities, could be very large. Given the lead time required for such major investments, work should start now on: (i) conducting comprehensive cost-benefits analysis of these projects; (ii) addressing the challenges arising from the taxation of natural resources; and (iii) designing a fiscal framework to anchor fiscal policies if revenue from these energy projects materializes. Mode of access: Internet IMF Working Papers; Working Paper ; No. 2015/115 Full text available on IMF http://elibrary.imf.org/view/journals/001/2015/115/001.2015.issue-115-en.xml IMF e-Library