From Universal Price Subsidies to Modern Social Assistance : The Political Economy of Reform
The efficiency and effectiveness of generalized subsidies as part of a safety net system are questionable. This is because generalized subsidies tend to create distortions in the food and fuel markets and are likely to be regressive and to suffer from significant leakage of benefits to the non-poor, diluting their impact on poverty reduction. They also often have higher administrative costs than cash transfers. The policy response to recent crises highlighted an emerging interest for a transition from food and fuel subsidies toward greater reliance on targeted cash transfer programs in several countries. The transition from a strong reliance on generalized subsidies to more modern and administratively more sophisticated social protection has been witnessed in much of the developing world as countries move from lower to middle income status. However, cutting back subsidies has social as well as political implications, and therefore needs to be managed and implemented appropriately. This paper seeks to examine the implications and aspects of subsidies reform, in particular the socio-political risk of cutting subsidies in the context of modernizing social assistance.
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dig-okr-1098616723 |
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Banco Mundial |
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Estados Unidos |
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Bibliográfico |
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America del Norte |
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Biblioteca del Banco Mundial |
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English en_US |
topic |
ACCESS TO SERVICES ACCESSIBILITY ADMINISTRATIVE COSTS ASSISTANCE PROGRAMS BENCHMARK BENEFICIARIES BENEFICIARY BUFFER STOCKS BUSES CAR CAR-OWNING HOUSEHOLDS CARS CASH AID CASH ASSISTANCE CASH BENEFIT CASH TRANSFER CASH TRANSFER PROGRAMS CASH TRANSFERS CIVIL WAR CLIMATE CHANGE COMMODITY COMMUNITY INVOLVEMENT CONSUMER SUBSIDIES CONSUMER SUBSIDY CONSUMERS CONSUMPTION LEVELS COPING STRATEGIES DEMOCRACY DEVALUATIONS DEVELOPING COUNTRIES DEVELOPMENT POLICIES DIESEL DIVIDEND DRIVERS ECONOMIC CRISES ECONOMIC GROWTH ECONOMIES OF SCALE EMISSIONS ENERGY SUBSIDIES ENERGY SUBSIDY ENVIRONMENTAL ISSUES EXCLUSION EXPORTS EXPOSURE EXTERNALITIES FARES FINANCIAL CRISES FINANCIAL CRISIS FINANCIAL STABILITY FISCAL CRISIS FISCAL RISK FOOD COMMODITIES FOOD CONSUMPTION FOOD DISTRIBUTION FOOD PRICE FOOD PRICE SUBSIDIES FOOD PRICES FOOD SUBSIDIES FOOD SUBSIDY FOSSIL FUEL FOSSIL FUELS FUEL FUEL CONSUMPTION FUEL PRICE FUEL PRICE INCREASE FUEL PRICE INCREASES FUEL PRICES FUEL SUBSIDIES GASOLINE GDP GOVERNANCE INDICATORS GOVERNMENT BUDGET GOVERNMENT CAPACITY GOVERNMENT FUNDS HEALTH CARDS HEALTH INSURANCE HOUSEHOLD SURVEYS HUMAN CAPITAL HUMAN DEVELOPMENT IMPORT QUOTAS INCOME INCOME INEQUALITY INCOME LEVELS INCOMES INEFFICIENCY INEQUALITY INFORMATION ASYMMETRY INFRASTRUCTURE INVESTMENT INSTITUTIONAL CAPACITY INTEREST RATES INTERNATIONAL LABOUR ORGANIZATION KEROSENE SUBSIDY LEAKAGE OF BENEFITS LOW INTEREST RATES MARKET FAILURES MARKET PRICE MARKET PRICES MINIMUM INCOME MOBILITY NATURAL RESOURCE NATURAL RESOURCES OPPORTUNITY COST PATRONAGE PENSIONS POLICE POLITICAL ECONOMY POLITICAL ECONOMY OF REFORM POLITICAL RISK POLITICAL RISKS POLITICAL STABILITY POLITICAL SUPPORT POLITICAL SYSTEM POLITICAL SYSTEMS POOR POVERTY ALLEVIATION POVERTY LEVELS POVERTY REDUCTION PRICE FLUCTUATIONS PRICE LEVELS PRICE OF DIESEL PRICE OF FUEL PRICE SETTING PRICE STABILIZATION PRICE SUBSIDIES PRICE SUBSIDY PROTECTION MECHANISM PROTECTION MECHANISMS PUBLIC ATTITUDES PUBLIC PERCEPTION PUBLIC PERCEPTIONS PUBLIC POLICY PUBLIC RELATIONS PUBLIC RESOURCES PUBLIC SERVICES PUBLIC SPENDING PUBLIC SUPPORT REDISTRIBUTIVE POLICIES REFORM PROCESS REGULATORY BODY RICE SUBSIDY RISK REDUCTION RURAL INFRASTRUCTURE SAFETY SAFETY NET SAFETY NET PROGRAMS SAVINGS SHOCK SMALL BUSINESS SMALL ENTREPRENEUR SOCIAL ASSISTANCE SOCIAL CAPITAL SOCIAL CONTRACT SOCIAL COST SOCIAL INVESTMENT SOCIAL POLICIES SOCIAL PROGRAMS SOCIAL PROTECTION SOCIAL SAFETY NET SOCIAL SAFETY NETS SOCIAL SECURITY SOCIAL SERVICES SOCIAL SPENDING SOCIAL WELFARE SSN STREETS SUBSIDIZING SUPPORT PROGRAM SUSTAINABLE DEVELOPMENT TARGETED SUBSIDIES TARGETED TRANSFERS TARGETING TAX TAX REFORM TAXI DRIVERS TRADE UNIONS TRANSPARENCY TRANSPORT TRANSPORTATION TRAVEL COSTS TRIP TRIPS TRUE UNIVERSAL HEALTH UNIVERSAL SUBSIDIES VULNERABLE HOUSEHOLDS WAGES WAR WEALTH WELFARE POLICY WELFARE SYSTEM ACCESS TO SERVICES ACCESSIBILITY ADMINISTRATIVE COSTS ASSISTANCE PROGRAMS BENCHMARK BENEFICIARIES BENEFICIARY BUFFER STOCKS BUSES CAR CAR-OWNING HOUSEHOLDS CARS CASH AID CASH ASSISTANCE CASH BENEFIT CASH TRANSFER CASH TRANSFER PROGRAMS CASH TRANSFERS CIVIL WAR CLIMATE CHANGE COMMODITY COMMUNITY INVOLVEMENT CONSUMER SUBSIDIES CONSUMER SUBSIDY CONSUMERS CONSUMPTION LEVELS COPING STRATEGIES DEMOCRACY DEVALUATIONS DEVELOPING COUNTRIES DEVELOPMENT POLICIES DIESEL DIVIDEND DRIVERS ECONOMIC CRISES ECONOMIC GROWTH ECONOMIES OF SCALE EMISSIONS ENERGY SUBSIDIES ENERGY SUBSIDY ENVIRONMENTAL ISSUES EXCLUSION EXPORTS EXPOSURE EXTERNALITIES FARES FINANCIAL CRISES FINANCIAL CRISIS FINANCIAL STABILITY FISCAL CRISIS FISCAL RISK FOOD COMMODITIES FOOD CONSUMPTION FOOD DISTRIBUTION FOOD PRICE FOOD PRICE SUBSIDIES FOOD PRICES FOOD SUBSIDIES FOOD SUBSIDY FOSSIL FUEL FOSSIL FUELS FUEL FUEL CONSUMPTION FUEL PRICE FUEL PRICE INCREASE FUEL PRICE INCREASES FUEL PRICES FUEL SUBSIDIES GASOLINE GDP GOVERNANCE INDICATORS GOVERNMENT BUDGET GOVERNMENT CAPACITY GOVERNMENT FUNDS HEALTH CARDS HEALTH INSURANCE HOUSEHOLD SURVEYS HUMAN CAPITAL HUMAN DEVELOPMENT IMPORT QUOTAS INCOME INCOME INEQUALITY INCOME LEVELS INCOMES INEFFICIENCY INEQUALITY INFORMATION ASYMMETRY INFRASTRUCTURE INVESTMENT INSTITUTIONAL CAPACITY INTEREST RATES INTERNATIONAL LABOUR ORGANIZATION KEROSENE SUBSIDY LEAKAGE OF BENEFITS LOW INTEREST RATES MARKET FAILURES MARKET PRICE MARKET PRICES MINIMUM INCOME MOBILITY NATURAL RESOURCE NATURAL RESOURCES OPPORTUNITY COST PATRONAGE PENSIONS POLICE POLITICAL ECONOMY POLITICAL ECONOMY OF REFORM POLITICAL RISK POLITICAL RISKS POLITICAL STABILITY POLITICAL SUPPORT POLITICAL SYSTEM POLITICAL SYSTEMS POOR POVERTY ALLEVIATION POVERTY LEVELS POVERTY REDUCTION PRICE FLUCTUATIONS PRICE LEVELS PRICE OF DIESEL PRICE OF FUEL PRICE SETTING PRICE STABILIZATION PRICE SUBSIDIES PRICE SUBSIDY PROTECTION MECHANISM PROTECTION MECHANISMS PUBLIC ATTITUDES PUBLIC PERCEPTION PUBLIC PERCEPTIONS PUBLIC POLICY PUBLIC RELATIONS PUBLIC RESOURCES PUBLIC SERVICES PUBLIC SPENDING PUBLIC SUPPORT REDISTRIBUTIVE POLICIES REFORM PROCESS REGULATORY BODY RICE SUBSIDY RISK REDUCTION RURAL INFRASTRUCTURE SAFETY SAFETY NET SAFETY NET PROGRAMS SAVINGS SHOCK SMALL BUSINESS SMALL ENTREPRENEUR SOCIAL ASSISTANCE SOCIAL CAPITAL SOCIAL CONTRACT SOCIAL COST SOCIAL INVESTMENT SOCIAL POLICIES SOCIAL PROGRAMS SOCIAL PROTECTION SOCIAL SAFETY NET SOCIAL SAFETY NETS SOCIAL SECURITY SOCIAL SERVICES SOCIAL SPENDING SOCIAL WELFARE SSN STREETS SUBSIDIZING SUPPORT PROGRAM SUSTAINABLE DEVELOPMENT TARGETED SUBSIDIES TARGETED TRANSFERS TARGETING TAX TAX REFORM TAXI DRIVERS TRADE UNIONS TRANSPARENCY TRANSPORT TRANSPORTATION TRAVEL COSTS TRIP TRIPS TRUE UNIVERSAL HEALTH UNIVERSAL SUBSIDIES VULNERABLE HOUSEHOLDS WAGES WAR WEALTH WELFARE POLICY WELFARE SYSTEM |
spellingShingle |
ACCESS TO SERVICES ACCESSIBILITY ADMINISTRATIVE COSTS ASSISTANCE PROGRAMS BENCHMARK BENEFICIARIES BENEFICIARY BUFFER STOCKS BUSES CAR CAR-OWNING HOUSEHOLDS CARS CASH AID CASH ASSISTANCE CASH BENEFIT CASH TRANSFER CASH TRANSFER PROGRAMS CASH TRANSFERS CIVIL WAR CLIMATE CHANGE COMMODITY COMMUNITY INVOLVEMENT CONSUMER SUBSIDIES CONSUMER SUBSIDY CONSUMERS CONSUMPTION LEVELS COPING STRATEGIES DEMOCRACY DEVALUATIONS DEVELOPING COUNTRIES DEVELOPMENT POLICIES DIESEL DIVIDEND DRIVERS ECONOMIC CRISES ECONOMIC GROWTH ECONOMIES OF SCALE EMISSIONS ENERGY SUBSIDIES ENERGY SUBSIDY ENVIRONMENTAL ISSUES EXCLUSION EXPORTS EXPOSURE EXTERNALITIES FARES FINANCIAL CRISES FINANCIAL CRISIS FINANCIAL STABILITY FISCAL CRISIS FISCAL RISK FOOD COMMODITIES FOOD CONSUMPTION FOOD DISTRIBUTION FOOD PRICE FOOD PRICE SUBSIDIES FOOD PRICES FOOD SUBSIDIES FOOD SUBSIDY FOSSIL FUEL FOSSIL FUELS FUEL FUEL CONSUMPTION FUEL PRICE FUEL PRICE INCREASE FUEL PRICE INCREASES FUEL PRICES FUEL SUBSIDIES GASOLINE GDP GOVERNANCE INDICATORS GOVERNMENT BUDGET GOVERNMENT CAPACITY GOVERNMENT FUNDS HEALTH CARDS HEALTH INSURANCE HOUSEHOLD SURVEYS HUMAN CAPITAL HUMAN DEVELOPMENT IMPORT QUOTAS INCOME INCOME INEQUALITY INCOME LEVELS INCOMES INEFFICIENCY INEQUALITY INFORMATION ASYMMETRY INFRASTRUCTURE INVESTMENT INSTITUTIONAL CAPACITY INTEREST RATES INTERNATIONAL LABOUR ORGANIZATION KEROSENE SUBSIDY LEAKAGE OF BENEFITS LOW INTEREST RATES MARKET FAILURES MARKET PRICE MARKET PRICES MINIMUM INCOME MOBILITY NATURAL RESOURCE NATURAL RESOURCES OPPORTUNITY COST PATRONAGE PENSIONS POLICE POLITICAL ECONOMY POLITICAL ECONOMY OF REFORM POLITICAL RISK POLITICAL RISKS POLITICAL STABILITY POLITICAL SUPPORT POLITICAL SYSTEM POLITICAL SYSTEMS POOR POVERTY ALLEVIATION POVERTY LEVELS POVERTY REDUCTION PRICE FLUCTUATIONS PRICE LEVELS PRICE OF DIESEL PRICE OF FUEL PRICE SETTING PRICE STABILIZATION PRICE SUBSIDIES PRICE SUBSIDY PROTECTION MECHANISM PROTECTION MECHANISMS PUBLIC ATTITUDES PUBLIC PERCEPTION PUBLIC PERCEPTIONS PUBLIC POLICY PUBLIC RELATIONS PUBLIC RESOURCES PUBLIC SERVICES PUBLIC SPENDING PUBLIC SUPPORT REDISTRIBUTIVE POLICIES REFORM PROCESS REGULATORY BODY RICE SUBSIDY RISK REDUCTION RURAL INFRASTRUCTURE SAFETY SAFETY NET SAFETY NET PROGRAMS SAVINGS SHOCK SMALL BUSINESS SMALL ENTREPRENEUR SOCIAL ASSISTANCE SOCIAL CAPITAL SOCIAL CONTRACT SOCIAL COST SOCIAL INVESTMENT SOCIAL POLICIES SOCIAL PROGRAMS SOCIAL PROTECTION SOCIAL SAFETY NET SOCIAL SAFETY NETS SOCIAL SECURITY SOCIAL SERVICES SOCIAL SPENDING SOCIAL WELFARE SSN STREETS SUBSIDIZING SUPPORT PROGRAM SUSTAINABLE DEVELOPMENT TARGETED SUBSIDIES TARGETED TRANSFERS TARGETING TAX TAX REFORM TAXI DRIVERS TRADE UNIONS TRANSPARENCY TRANSPORT TRANSPORTATION TRAVEL COSTS TRIP TRIPS TRUE UNIVERSAL HEALTH UNIVERSAL SUBSIDIES VULNERABLE HOUSEHOLDS WAGES WAR WEALTH WELFARE POLICY WELFARE SYSTEM ACCESS TO SERVICES ACCESSIBILITY ADMINISTRATIVE COSTS ASSISTANCE PROGRAMS BENCHMARK BENEFICIARIES BENEFICIARY BUFFER STOCKS BUSES CAR CAR-OWNING HOUSEHOLDS CARS CASH AID CASH ASSISTANCE CASH BENEFIT CASH TRANSFER CASH TRANSFER PROGRAMS CASH TRANSFERS CIVIL WAR CLIMATE CHANGE COMMODITY COMMUNITY INVOLVEMENT CONSUMER SUBSIDIES CONSUMER SUBSIDY CONSUMERS CONSUMPTION LEVELS COPING STRATEGIES DEMOCRACY DEVALUATIONS DEVELOPING COUNTRIES DEVELOPMENT POLICIES DIESEL DIVIDEND DRIVERS ECONOMIC CRISES ECONOMIC GROWTH ECONOMIES OF SCALE EMISSIONS ENERGY SUBSIDIES ENERGY SUBSIDY ENVIRONMENTAL ISSUES EXCLUSION EXPORTS EXPOSURE EXTERNALITIES FARES FINANCIAL CRISES FINANCIAL CRISIS FINANCIAL STABILITY FISCAL CRISIS FISCAL RISK FOOD COMMODITIES FOOD CONSUMPTION FOOD DISTRIBUTION FOOD PRICE FOOD PRICE SUBSIDIES FOOD PRICES FOOD SUBSIDIES FOOD SUBSIDY FOSSIL FUEL FOSSIL FUELS FUEL FUEL CONSUMPTION FUEL PRICE FUEL PRICE INCREASE FUEL PRICE INCREASES FUEL PRICES FUEL SUBSIDIES GASOLINE GDP GOVERNANCE INDICATORS GOVERNMENT BUDGET GOVERNMENT CAPACITY GOVERNMENT FUNDS HEALTH CARDS HEALTH INSURANCE HOUSEHOLD SURVEYS HUMAN CAPITAL HUMAN DEVELOPMENT IMPORT QUOTAS INCOME INCOME INEQUALITY INCOME LEVELS INCOMES INEFFICIENCY INEQUALITY INFORMATION ASYMMETRY INFRASTRUCTURE INVESTMENT INSTITUTIONAL CAPACITY INTEREST RATES INTERNATIONAL LABOUR ORGANIZATION KEROSENE SUBSIDY LEAKAGE OF BENEFITS LOW INTEREST RATES MARKET FAILURES MARKET PRICE MARKET PRICES MINIMUM INCOME MOBILITY NATURAL RESOURCE NATURAL RESOURCES OPPORTUNITY COST PATRONAGE PENSIONS POLICE POLITICAL ECONOMY POLITICAL ECONOMY OF REFORM POLITICAL RISK POLITICAL RISKS POLITICAL STABILITY POLITICAL SUPPORT POLITICAL SYSTEM POLITICAL SYSTEMS POOR POVERTY ALLEVIATION POVERTY LEVELS POVERTY REDUCTION PRICE FLUCTUATIONS PRICE LEVELS PRICE OF DIESEL PRICE OF FUEL PRICE SETTING PRICE STABILIZATION PRICE SUBSIDIES PRICE SUBSIDY PROTECTION MECHANISM PROTECTION MECHANISMS PUBLIC ATTITUDES PUBLIC PERCEPTION PUBLIC PERCEPTIONS PUBLIC POLICY PUBLIC RELATIONS PUBLIC RESOURCES PUBLIC SERVICES PUBLIC SPENDING PUBLIC SUPPORT REDISTRIBUTIVE POLICIES REFORM PROCESS REGULATORY BODY RICE SUBSIDY RISK REDUCTION RURAL INFRASTRUCTURE SAFETY SAFETY NET SAFETY NET PROGRAMS SAVINGS SHOCK SMALL BUSINESS SMALL ENTREPRENEUR SOCIAL ASSISTANCE SOCIAL CAPITAL SOCIAL CONTRACT SOCIAL COST SOCIAL INVESTMENT SOCIAL POLICIES SOCIAL PROGRAMS SOCIAL PROTECTION SOCIAL SAFETY NET SOCIAL SAFETY NETS SOCIAL SECURITY SOCIAL SERVICES SOCIAL SPENDING SOCIAL WELFARE SSN STREETS SUBSIDIZING SUPPORT PROGRAM SUSTAINABLE DEVELOPMENT TARGETED SUBSIDIES TARGETED TRANSFERS TARGETING TAX TAX REFORM TAXI DRIVERS TRADE UNIONS TRANSPARENCY TRANSPORT TRANSPORTATION TRAVEL COSTS TRIP TRIPS TRUE UNIVERSAL HEALTH UNIVERSAL SUBSIDIES VULNERABLE HOUSEHOLDS WAGES WAR WEALTH WELFARE POLICY WELFARE SYSTEM World Bank From Universal Price Subsidies to Modern Social Assistance : The Political Economy of Reform |
description |
The efficiency and effectiveness of
generalized subsidies as part of a safety net system are
questionable. This is because generalized subsidies tend to
create distortions in the food and fuel markets and are
likely to be regressive and to suffer from significant
leakage of benefits to the non-poor, diluting their impact
on poverty reduction. They also often have higher
administrative costs than cash transfers. The policy
response to recent crises highlighted an emerging interest
for a transition from food and fuel subsidies toward greater
reliance on targeted cash transfer programs in several
countries. The transition from a strong reliance on
generalized subsidies to more modern and administratively
more sophisticated social protection has been witnessed in
much of the developing world as countries move from lower to
middle income status. However, cutting back subsidies has
social as well as political implications, and therefore
needs to be managed and implemented appropriately. This
paper seeks to examine the implications and aspects of
subsidies reform, in particular the socio-political risk of
cutting subsidies in the context of modernizing social assistance. |
topic_facet |
ACCESS TO SERVICES ACCESSIBILITY ADMINISTRATIVE COSTS ASSISTANCE PROGRAMS BENCHMARK BENEFICIARIES BENEFICIARY BUFFER STOCKS BUSES CAR CAR-OWNING HOUSEHOLDS CARS CASH AID CASH ASSISTANCE CASH BENEFIT CASH TRANSFER CASH TRANSFER PROGRAMS CASH TRANSFERS CIVIL WAR CLIMATE CHANGE COMMODITY COMMUNITY INVOLVEMENT CONSUMER SUBSIDIES CONSUMER SUBSIDY CONSUMERS CONSUMPTION LEVELS COPING STRATEGIES DEMOCRACY DEVALUATIONS DEVELOPING COUNTRIES DEVELOPMENT POLICIES DIESEL DIVIDEND DRIVERS ECONOMIC CRISES ECONOMIC GROWTH ECONOMIES OF SCALE EMISSIONS ENERGY SUBSIDIES ENERGY SUBSIDY ENVIRONMENTAL ISSUES EXCLUSION EXPORTS EXPOSURE EXTERNALITIES FARES FINANCIAL CRISES FINANCIAL CRISIS FINANCIAL STABILITY FISCAL CRISIS FISCAL RISK FOOD COMMODITIES FOOD CONSUMPTION FOOD DISTRIBUTION FOOD PRICE FOOD PRICE SUBSIDIES FOOD PRICES FOOD SUBSIDIES FOOD SUBSIDY FOSSIL FUEL FOSSIL FUELS FUEL FUEL CONSUMPTION FUEL PRICE FUEL PRICE INCREASE FUEL PRICE INCREASES FUEL PRICES FUEL SUBSIDIES GASOLINE GDP GOVERNANCE INDICATORS GOVERNMENT BUDGET GOVERNMENT CAPACITY GOVERNMENT FUNDS HEALTH CARDS HEALTH INSURANCE HOUSEHOLD SURVEYS HUMAN CAPITAL HUMAN DEVELOPMENT IMPORT QUOTAS INCOME INCOME INEQUALITY INCOME LEVELS INCOMES INEFFICIENCY INEQUALITY INFORMATION ASYMMETRY INFRASTRUCTURE INVESTMENT INSTITUTIONAL CAPACITY INTEREST RATES INTERNATIONAL LABOUR ORGANIZATION KEROSENE SUBSIDY LEAKAGE OF BENEFITS LOW INTEREST RATES MARKET FAILURES MARKET PRICE MARKET PRICES MINIMUM INCOME MOBILITY NATURAL RESOURCE NATURAL RESOURCES OPPORTUNITY COST PATRONAGE PENSIONS POLICE POLITICAL ECONOMY POLITICAL ECONOMY OF REFORM POLITICAL RISK POLITICAL RISKS POLITICAL STABILITY POLITICAL SUPPORT POLITICAL SYSTEM POLITICAL SYSTEMS POOR POVERTY ALLEVIATION POVERTY LEVELS POVERTY REDUCTION PRICE FLUCTUATIONS PRICE LEVELS PRICE OF DIESEL PRICE OF FUEL PRICE SETTING PRICE STABILIZATION PRICE SUBSIDIES PRICE SUBSIDY PROTECTION MECHANISM PROTECTION MECHANISMS PUBLIC ATTITUDES PUBLIC PERCEPTION PUBLIC PERCEPTIONS PUBLIC POLICY PUBLIC RELATIONS PUBLIC RESOURCES PUBLIC SERVICES PUBLIC SPENDING PUBLIC SUPPORT REDISTRIBUTIVE POLICIES REFORM PROCESS REGULATORY BODY RICE SUBSIDY RISK REDUCTION RURAL INFRASTRUCTURE SAFETY SAFETY NET SAFETY NET PROGRAMS SAVINGS SHOCK SMALL BUSINESS SMALL ENTREPRENEUR SOCIAL ASSISTANCE SOCIAL CAPITAL SOCIAL CONTRACT SOCIAL COST SOCIAL INVESTMENT SOCIAL POLICIES SOCIAL PROGRAMS SOCIAL PROTECTION SOCIAL SAFETY NET SOCIAL SAFETY NETS SOCIAL SECURITY SOCIAL SERVICES SOCIAL SPENDING SOCIAL WELFARE SSN STREETS SUBSIDIZING SUPPORT PROGRAM SUSTAINABLE DEVELOPMENT TARGETED SUBSIDIES TARGETED TRANSFERS TARGETING TAX TAX REFORM TAXI DRIVERS TRADE UNIONS TRANSPARENCY TRANSPORT TRANSPORTATION TRAVEL COSTS TRIP TRIPS TRUE UNIVERSAL HEALTH UNIVERSAL SUBSIDIES VULNERABLE HOUSEHOLDS WAGES WAR WEALTH WELFARE POLICY WELFARE SYSTEM |
author |
World Bank |
author_facet |
World Bank |
author_sort |
World Bank |
title |
From Universal Price Subsidies to Modern Social Assistance : The Political Economy of Reform |
title_short |
From Universal Price Subsidies to Modern Social Assistance : The Political Economy of Reform |
title_full |
From Universal Price Subsidies to Modern Social Assistance : The Political Economy of Reform |
title_fullStr |
From Universal Price Subsidies to Modern Social Assistance : The Political Economy of Reform |
title_full_unstemmed |
From Universal Price Subsidies to Modern Social Assistance : The Political Economy of Reform |
title_sort |
from universal price subsidies to modern social assistance : the political economy of reform |
publisher |
Washington, DC |
publishDate |
2013 |
url |
http://documents.worldbank.org/curated/en/2012/12/18699556/universal-price-subsidies-modern-social-assistance-political-economy-reform https://hdl.handle.net/10986/16723 |
work_keys_str_mv |
AT worldbank fromuniversalpricesubsidiestomodernsocialassistancethepoliticaleconomyofreform |
_version_ |
1807160470566600704 |
spelling |
dig-okr-10986167232024-08-08T14:13:00Z From Universal Price Subsidies to Modern Social Assistance : The Political Economy of Reform World Bank ACCESS TO SERVICES ACCESSIBILITY ADMINISTRATIVE COSTS ASSISTANCE PROGRAMS BENCHMARK BENEFICIARIES BENEFICIARY BUFFER STOCKS BUSES CAR CAR-OWNING HOUSEHOLDS CARS CASH AID CASH ASSISTANCE CASH BENEFIT CASH TRANSFER CASH TRANSFER PROGRAMS CASH TRANSFERS CIVIL WAR CLIMATE CHANGE COMMODITY COMMUNITY INVOLVEMENT CONSUMER SUBSIDIES CONSUMER SUBSIDY CONSUMERS CONSUMPTION LEVELS COPING STRATEGIES DEMOCRACY DEVALUATIONS DEVELOPING COUNTRIES DEVELOPMENT POLICIES DIESEL DIVIDEND DRIVERS ECONOMIC CRISES ECONOMIC GROWTH ECONOMIES OF SCALE EMISSIONS ENERGY SUBSIDIES ENERGY SUBSIDY ENVIRONMENTAL ISSUES EXCLUSION EXPORTS EXPOSURE EXTERNALITIES FARES FINANCIAL CRISES FINANCIAL CRISIS FINANCIAL STABILITY FISCAL CRISIS FISCAL RISK FOOD COMMODITIES FOOD CONSUMPTION FOOD DISTRIBUTION FOOD PRICE FOOD PRICE SUBSIDIES FOOD PRICES FOOD SUBSIDIES FOOD SUBSIDY FOSSIL FUEL FOSSIL FUELS FUEL FUEL CONSUMPTION FUEL PRICE FUEL PRICE INCREASE FUEL PRICE INCREASES FUEL PRICES FUEL SUBSIDIES GASOLINE GDP GOVERNANCE INDICATORS GOVERNMENT BUDGET GOVERNMENT CAPACITY GOVERNMENT FUNDS HEALTH CARDS HEALTH INSURANCE HOUSEHOLD SURVEYS HUMAN CAPITAL HUMAN DEVELOPMENT IMPORT QUOTAS INCOME INCOME INEQUALITY INCOME LEVELS INCOMES INEFFICIENCY INEQUALITY INFORMATION ASYMMETRY INFRASTRUCTURE INVESTMENT INSTITUTIONAL CAPACITY INTEREST RATES INTERNATIONAL LABOUR ORGANIZATION KEROSENE SUBSIDY LEAKAGE OF BENEFITS LOW INTEREST RATES MARKET FAILURES MARKET PRICE MARKET PRICES MINIMUM INCOME MOBILITY NATURAL RESOURCE NATURAL RESOURCES OPPORTUNITY COST PATRONAGE PENSIONS POLICE POLITICAL ECONOMY POLITICAL ECONOMY OF REFORM POLITICAL RISK POLITICAL RISKS POLITICAL STABILITY POLITICAL SUPPORT POLITICAL SYSTEM POLITICAL SYSTEMS POOR POVERTY ALLEVIATION POVERTY LEVELS POVERTY REDUCTION PRICE FLUCTUATIONS PRICE LEVELS PRICE OF DIESEL PRICE OF FUEL PRICE SETTING PRICE STABILIZATION PRICE SUBSIDIES PRICE SUBSIDY PROTECTION MECHANISM PROTECTION MECHANISMS PUBLIC ATTITUDES PUBLIC PERCEPTION PUBLIC PERCEPTIONS PUBLIC POLICY PUBLIC RELATIONS PUBLIC RESOURCES PUBLIC SERVICES PUBLIC SPENDING PUBLIC SUPPORT REDISTRIBUTIVE POLICIES REFORM PROCESS REGULATORY BODY RICE SUBSIDY RISK REDUCTION RURAL INFRASTRUCTURE SAFETY SAFETY NET SAFETY NET PROGRAMS SAVINGS SHOCK SMALL BUSINESS SMALL ENTREPRENEUR SOCIAL ASSISTANCE SOCIAL CAPITAL SOCIAL CONTRACT SOCIAL COST SOCIAL INVESTMENT SOCIAL POLICIES SOCIAL PROGRAMS SOCIAL PROTECTION SOCIAL SAFETY NET SOCIAL SAFETY NETS SOCIAL SECURITY SOCIAL SERVICES SOCIAL SPENDING SOCIAL WELFARE SSN STREETS SUBSIDIZING SUPPORT PROGRAM SUSTAINABLE DEVELOPMENT TARGETED SUBSIDIES TARGETED TRANSFERS TARGETING TAX TAX REFORM TAXI DRIVERS TRADE UNIONS TRANSPARENCY TRANSPORT TRANSPORTATION TRAVEL COSTS TRIP TRIPS TRUE UNIVERSAL HEALTH UNIVERSAL SUBSIDIES VULNERABLE HOUSEHOLDS WAGES WAR WEALTH WELFARE POLICY WELFARE SYSTEM The efficiency and effectiveness of generalized subsidies as part of a safety net system are questionable. This is because generalized subsidies tend to create distortions in the food and fuel markets and are likely to be regressive and to suffer from significant leakage of benefits to the non-poor, diluting their impact on poverty reduction. They also often have higher administrative costs than cash transfers. The policy response to recent crises highlighted an emerging interest for a transition from food and fuel subsidies toward greater reliance on targeted cash transfer programs in several countries. The transition from a strong reliance on generalized subsidies to more modern and administratively more sophisticated social protection has been witnessed in much of the developing world as countries move from lower to middle income status. However, cutting back subsidies has social as well as political implications, and therefore needs to be managed and implemented appropriately. This paper seeks to examine the implications and aspects of subsidies reform, in particular the socio-political risk of cutting subsidies in the context of modernizing social assistance. 2014-01-30T16:49:10Z 2014-01-30T16:49:10Z 2013 http://documents.worldbank.org/curated/en/2012/12/18699556/universal-price-subsidies-modern-social-assistance-political-economy-reform https://hdl.handle.net/10986/16723 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank application/pdf text/plain Washington, DC |