Friday, October 20, 2023

Gaslighting

Jump the broom

Mr. Chaos

You and your blushing bride


There is no Chow in this wedding

Only Jerk-ylls

and Hydes


Lisa drinking rum in the corner

wondering how

to bump off the bride


Lo!


Quan is at the chief table 

smiling

at the dowry

with Pride


Jump the broom

Mr. Chaos

Jump high

to land good


Charge your feet 

with some Megawatts

Hold she hand 

if you could


This is a lifelong partnership

Forget all those past flings,

with operators and drivers

managers,peddlers and audit

and things


Play the Pan

Dey!


Jump this broom

Mr. Chaos

Soon you and your bride

Will sway

To this 

1995 

Panramajay


Jump that broom

Boy!

And let the people sing

For this Ganga done rise

To wash away all ah we thing


And Lo!

Khan!

Uninvited 

Out there peeping from the bush

While Sal  and Dee

In she red frock

Sitting nyamming cush,cush



Jump that broom 

Mr. Chaos!

You and your blushing bride

Is  everybody paying

For this pleasure

You unstable treasure!

Copyright©2023 by Camille Caliscia Patrick


Sunday, February 5, 2023

SUBSIDY REFORM

 Dead Weight Loss

Efficiency Loss

Consumer Subsidy

Producer Subsidy

Price Gap Approach

Inventory Approach

Pre-tax Subsidy

Post Tax Subsidy

Pass Through


Electricity Subsidy

Normative losses

Excess Loss

Cost Recovery Price

Average Tariff

Economic and Social implication

        Reduced Investment

        Diminished Competitiveness of Private Sector

        Crowding out Effect

        Increased Smuggling

Public Finances Impact

Balance of Payments

Environent and Society

Direct Effect

Indirect Effect


Sobsidy Reform Requirements

Long Term Objectives and an analysis of impact of reforms

Transparent and extensive communication and consultations with stakeholders on size of subsidies and the effects on the budget

Price increased that are phased in over time

Improving the Efficiency in State owned Enterprsures to reduce Producer Subsidies

Measures  to protect the poor through cash and near-cash transfers

Institutional Reforms that depoliticize Energy Pricing,such as introduction to automatic price mechanisms


Estimating Corrective Taxes

Externalities due to pollution use

Non pollution externaities from motor vehicles


BARRIERS TO REFORM

Information

Government credibility

Concerns about fiscal impact

Inflation,price volatility and competitiveness

Unfavorable macroeconomic conditions

Opposition from interest groups


A SUCESSUL REFORM STARTEGY


Price SmoothingMechanism

Targeting Mechanisms