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007			cr |||||||||||
008			060823s2006 dcu sb i000 0 eng
010			_a 2006618423
040			_aDLC _cTR-AnTOB _dDLC _beng _erda
041	0		_aeng
043			_ae-mv---
050	0	0	_aHG3881.5 _b.W57 2006
090			_aHG3881.5 _b.W57 2006
100	1		_aBaclajanschi, Iaroslav.
245	1	4	_aThe impact of energy price changes in Moldova _h[electronic resource] / _cIaroslav Baclajanschi ,Lawrence Bouton,Hideki Mori,Dejan Ostojic,Taras Pushak,Erwin R.Tiongson.
264			_aWashington, D.C. : _bWorld Bank, _c2006
300			_a24 page; _c13 cm
336			_2rdacontent _atext _btxt
337			_2rdamedia _aunmediated _bn
338			_2rdacarrier _avolume _bnc
490	0		_aPolicy Research Working Paper ; _v3960
500			_aTitle from PDF file as viewed on 8/23/2006.
504			_aIncludes bibliographical references.
520	3		_a"In January 2006 the price of natural gas supplied to Moldova increased from $80 to $110 per thousand cubic meters (mcm). Prices may increase further in the near future, putting additional pressure on the economy and leading to adverse effects on the poorest households. This study examines the potential impact of higher energy prices on the economy of Moldova by simulating the likely macroeconomic consequences of recent and future price increases. Moreover, it estimates the direct impact on individual households using data drawn from the 2004 Household Budget Survey. It assesses the distributional implications of the price shock, noting how the social impact may vary depending on the intensity of energy use, geographic location, and the relative share of energy in household expenditure. The results suggest that energy price changes could dampen economic growth while putting additional strains on the current account deficit. The impact on the poorest households could be significant and protecting them may require resources in the amount of 0.7 to 1.7 percent of GDP. This study identifies possible policy responses to dampen the shock of the energy price increase and to promote the longer-term objective of reducing energy vulnerability. "--World Bank web site.
530			_aAlso available in print.
538			_aSystem requirements: Adobe Acrobat Reader.
538			_aMode of access: World Wide Web.
650		0	_aNatural gas _zMoldova.
650		0	_aHouseholds _xEconomic aspects _zMoldova.
700	1		_aBaclajanschi, Iaroslav.
710	2		_aWorld Bank.
856	4	0	_uhttp://econ.worldbank.org/external/default/main?pagePK=64165259&theSitePK=469382&piPK=64165421&menuPK=64166093&entityID=000016406_20060711113759
942			_2lcc _cBK