Macroeconomic impacts of external shocks and anti-shock policies in Bolivia: a CGE analysis

Bolivia's mid-term growth prospects are promising but these prospects could be lost, due to social unrest and political instability, if the country does not solve its short-term economic problems, resulting from both external shocks and internal factors. Against this background, this paper analyzes whether the Bolivian economy has any possibility at all to apply anti-shock policies in order to cushion the short-term effects of shocks. For this purpose, a recursive-dynamic CGE model is described which includes both real and financial sectors and which captures the particular features that characterize the functioning of the Bolivian economy. The model is then used to evaluate the effects of external shocks and to test the effectiveness of different policies

Long-Term Optimization of Egypt's Power Sector: Policy Implications

This paper presents an evaluation of energy supply strategies for Egypt’s power sector and identifies prospects to meet rising electricity demand while addressing energy security and low-carbon development issues. We apply the TIMES energy system model to examine Egypt’s energy policy goals as reflected in Egypt’s Vision 2030, and specifically: (a) targeted power generation based on renewable energy under two different scenarios; (b) targeted carbon dioxide (CO2) emissions’ mitigation toward low-carbon society development; and (c) constraints on natural gas production for power generation. The quantitative results from the model suggest a need for diversification from predominantly natural gas to a mix of renewable and conventional energy sources in order to improve energy security, reduce dependency on fossil fuels, and reduce carbon dioxide emissions, with the level of diversification changing with different policy options. Although total energy system cost is projected to increase the effects on fossil-fuel dependency, diversity of energy supply-mix, marginal electricity generation price, and GHG mitigation indicate that it may be wise to target promotion of renewable energy for power generation and develop a low-carbon society

Proceedings of the 4th bwHPC Symposium

The bwHPC Symposium 2017 took place on October 4th, 2017, Alte Aula, Tübingen. It focused on the presentation of scientific computing projects as well as on the progress and the success stories of the bwHPC realization concept. The event offered a unique opportunity to engage in an active dialogue between scientific users, operators of bwHPC sites, and the bwHPC support team

¿Existe espacio para políticas anti-shocks en Bolivia? Lecciones de un análisis basado en un modelo de equilibrio general computable

Las perspectivas de crecimiento de mediano plazo de Bolivia son prometedoras, pero estas podrían perderse, debido al descontento social y la inestabilidad política, si el país no resuelve sus problemas económicos de corto plazo, resultantes tanto de shocks externos como de factores internos. Considerando este panorama, el documento analiza las posibilidades de la economía Boliviana de aplicar políticas anti-shock a fin de mitigar los efectos de corto plazo de los shocks. Para este propósito se describe un modelo de equilibrio general computable (MEGC) recursivo -dinámico que incluye a los sectores real y financiero y que captura los aspectos particulares que caracterizan el funcionamiento de la economía Boliviana. El modelo es usado para evaluar los efectos de shocks externos y para probar la efectividad de diferentes políticas