Energy Pricing in the Soviet Union

Energy exports, which are already the primary source of Soviet convertible currency earnings and an important contributor to the budget, could bring in much more revenue if the Soviet Union were to reduce its extremely high levels of energy consumption. To encourage this process, energy prices need...

Full description

Bibliographic Details
Main Author: Kumar, Manmohan
Other Authors: Osband, Kent
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 1991
Series:IMF Working Papers
Subjects:
Oil
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
LEADER 02284nmm a2200541 u 4500
001 EB000926768
003 EBX01000000000000000720364
005 00000000000000.0
007 cr|||||||||||||||||||||
008 150128 ||| eng
020 |a 9781451854763 
100 1 |a Kumar, Manmohan 
245 0 0 |a Energy Pricing in the Soviet Union  |c Manmohan Kumar, Kent Osband 
260 |a Washington, D.C.  |b International Monetary Fund  |c 1991 
300 |a 18 pages 
651 4 |a Russian Federation 
653 |a Inflation 
653 |a Energy: Demand and Supply 
653 |a Wealth 
653 |a Economics 
653 |a Oil prices 
653 |a Oil 
653 |a Investments: Energy 
653 |a Saving 
653 |a Socialist Systems and Transitional Economies: Prices 
653 |a Deflation 
653 |a Petroleum industry and trade 
653 |a National accounts 
653 |a Price Level 
653 |a Commodities 
653 |a Energy: General 
653 |a Consumption 
653 |a Energy and the Macroeconomy 
653 |a Prices 
653 |a Macroeconomics 
653 |a Macroeconomics: Consumption 
653 |a Investment & securities 
653 |a Energy prices 
653 |a Price adjustments 
653 |a Energy: Government Policy 
700 1 |a Osband, Kent 
041 0 7 |a eng  |2 ISO 639-2 
989 |b IMF  |a International Monetary Fund 
490 0 |a IMF Working Papers 
028 5 0 |a 10.5089/9781451854763.001 
856 4 0 |u https://elibrary.imf.org/view/journals/001/1991/125/001.1991.issue-125-en.xml?cid=998-com-dsp-marc  |x Verlag  |3 Volltext 
082 0 |a 330 
520 |a Energy exports, which are already the primary source of Soviet convertible currency earnings and an important contributor to the budget, could bring in much more revenue if the Soviet Union were to reduce its extremely high levels of energy consumption. To encourage this process, energy prices need to be raised substantially. Under plausible assumptions, it is shown that an increase in prices could yield sizable foreign exchange earnings. Large increases in energy prices could, however, threaten the solvency of industrial enterprises, precipitate major economic and social dislocation, and severely strain interrepublican economic relationships