The political economy of fuel subsidies in Colombia
"Colombia has made progress towards eliminating fuel and diesel subsidies and reducing discretionary spaces allowing for artificially low fuel prices, but challenges remain. Colombia has provided explicit and implicit subsidies to gasoline and diesel since 1983, costing the government up to 1.6% of GDP. This paper discusses the political economy of fuel subsidies in the country to understand why reform has been so slow. It focuses on the groups benefitting from the subsidies and their political participation, as well as other economic impacts that have limited the political will to eliminate them. The Colombian case serves as an example of the difficulty of fully eliminating fuel subsidies once they are already established."
Saved in:
Main Author: | García, Helena |
---|---|
Other Authors: | Calderón, Laura |
Published: |
2017-04-18T21:18:09Z
|
Subjects: | Subsidios a los Combustibles Fósiles, Economía Política, Colombia, Fossil-fuel subsidies, Political Economy, |
Online Access: | http://hdl.handle.net/11445/333 |
Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
Similar Items
-
Programa De Investigación, Desarrollo E Innovación en Biocombustibles (PLAN Biocom)
by: Departamento Administrativo de Ciencia, Tecnología e Innovación - Colciencias
Published: (2008-12) -
Reforming Fossil Fuel Subsidies
by: Rentschler, Jun, et al.
Published: (2016-06-24) -
Building Public Support for Reducing Fossil Fuel Subsidies
by: Hoy, Christopher, et al.
Published: (2023-11-29) -
¿Crecimiento o cáncer? La economía en tiempos del cambio climático
by: Elbers, Joerg
Published: (2011-07-29T21:51:03Z) -
Tendencia Económica. Informe Mensual de Fedesarrollo. No. 180
by: Fedesarrollo
Published: (2017-11-08)