Many developing countries subsidize
petroleum products. The doubling of world oil prices since
January 2004 has had very high fiscal costs for these
countries, increasing public debt and squeezing other
government spending. The subsidies have also had unintended
results. But phasing out subsidies is politically
challenging. This paper reviews some successful strategies
for removing or reducing subsidies while protecting the
poorest consumers.
Bibliographic Details
| Main Authors: |
Bacon, Robert,
Kojima, Masami |
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| Format: | Viewpoint
biblioteca
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| Language: | English |
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| Published: |
World Bank, Washington, DC
2006-08
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| Subjects: | ADVERSE CONSEQUENCE,
ADVERSE CONSEQUENCES,
AGRICULTURE,
APPROACH,
AUTOMOTIVE DIESEL,
CONSUMERS,
CONTROLLED PRICES,
DIESEL,
DOWNSTREAM OIL,
ELECTRICITY,
ELECTRICITY GENERATION,
FAIR,
FINANCIAL INCENTIVES,
FUEL,
FUEL PRICE,
FUEL PRICE INCREASE,
FUEL PRICES,
FUEL SUBSIDIES,
FUELS,
GASOLINE,
INCOME GROUPS,
INEFFICIENCY,
INTERNATIONAL MARKET,
INTERNATIONAL OIL PRICES,
KEROSENE,
KILOWATT-HOURS,
LIQUEFIED PETROLEUM GAS,
MARKET PRICES,
NATIONAL OIL,
NET OIL,
OIL,
OIL COMPANY,
OIL EXPORTERS,
OIL IMPORTERS,
OIL PRICES,
OIL SECTOR,
PETROLEUM,
PETROLEUM GAS,
PETROLEUM PRODUCTS,
PETROLEUM SECTOR,
PRICE CEILINGS,
PRICE CONTROL,
PRICE INCREASES,
PRICE LEVELS,
PRICE SUBSIDIES,
PRICING POLICIES,
PRIVATE SECTOR,
PUBLIC RELATIONS,
PUBLIC TRANSPORT,
PUBLIC TRANSPORT VEHICLES,
PUBLICITY,
PURCHASING,
REFINED PRODUCTS,
REFINING,
RETAIL,
RETAIL PRICE,
TAX,
TAX RATE,
TAXATION,
TRANSPORT COSTS,
WORLD OIL PRICES, |
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| Online Access: | http://documents.worldbank.org/curated/en/2006/08/7039589/phasing-out-subsidies-recent-experiences-fuel-developing-countries
http://hdl.handle.net/10986/11178
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