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You are looking at 1 - 2 of 2 items for :

  • Type: Journal Issue x
  • Finance and accounting x
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Cover IMF Working Papers
Caribbean Energy: Macro-Related Challenges
Arnold McIntyre, Ahmed El-Ashram, Marcio Ronci, Julien Reynaud, Ms. Natasha X Che, Ke Wang, Mr. Sebastian Acevedo Mejia, and Mr. Mark Scott Lutz
High energy costs contribute to dampening Caribbean competitiveness and potential growth. This paper overviews power sector challenges and takes stock of national and regional strategies to address them. It presents recommendations to move the energy agenda forward based on analyses of macro-aspects of energy reform. These include: i) quantitative assessment of the impact of energy costs on growth and competitiveness; ii) evaluation of gains from implementing announced renewable energy and energy efficiency targets; and iii) analysis of the impact of energy investments on debt sustainability. The paper argues for a bigger role for the private sector in energy reform and discusses prerequisites for good public-private partnerships.
Keywords:
WP; electric energy; oil price; Energy Reform; Oil Price Shocks; Caribbean; Economic Growth; Renewable Energy; Energy Efficiency; Public Investment; Infrastructure; Debt Sustainability; PPP; cost saving; core inflation; energy efficiency cost curve; financing terms; net exporter; recovery mechanism; generation cost assumption; fuel cost recovery mechanism; capital cost; oil price development; energy investment; Oil prices; Energy sector; Energy prices; Global
Cover IMF Staff Country Reports
Trinidad and Tobago: Selected Issues, Statistical Appendix
International Monetary Fund
This Selected Issues paper and Statistical Appendix reviews developments in the energy sector of the Republic of Trinidad and Tobago during 1997–99, and assesses the outlook for energy-related industries. The paper highlights that in 1998, the decline of mature fields was exacerbated by the low price of oil experienced during the year, which made exploitation of some fields uneconomic. The paper examines the fiscal sustainability of energy resources. It also analyzes trade liberalization that has been an integral part of Trinidad and Tobago’s efforts to restructure its economy for sustained growth.
Keywords:
ISCR; CR; trade; export; import; production; gas processing industry; Atlantic LNG Company; LNG processing plant; light manufacturing; world share; Oil; Exports; Natural resources; Tariffs; Imports; Caribbean; Global