How are Developing Countries Coping with Higher Oil Prices?

This note is based on a forthcoming report by ESMAP. The report covers policy alternatives adopted by developing country governments in response to the increases in world oil prices since the end of 2003. The report analyzes what factors have affected the responses and what policy prices have been used by governments to mitigate the effects of higher oil prices on consumers, the government budget, and the total demand for oil.

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Bibliographic Details
Main Authors: Bacon, Robert, Kojima, Masami
Language:English
en_US
Published: World Bank, Washington, DC 2006-07
Subjects:ALTERNATIVE FUELS, ALTERNATIVE SOURCES OF ENERGY, AVAILABILITY, COMPENSATION SCHEMES, CONSERVATION MEASURES, CONSUMPTION OF OIL, DELIVERY MECHANISM, DIESEL, DOMESTIC MARKETS, DOMESTIC OIL, DOMESTIC OIL PRODUCTION, EFFICIENCY IMPROVEMENT, ELASTICITIES OF DEMAND, ELECTRICITY, ELECTRICITY PRODUCTION, ENERGY CONSERVATION, ENERGY EFFICIENCY, ENERGY SHORTAGES, EXPENDITURES, FINANCIAL INCENTIVES, FUEL, FUEL CONSUMPTION, FUEL PRICE, FUEL PRICE INCREASES, FUEL PRICES, FUEL SUBSIDIES, FUEL SWITCHING, FUELS, GASOLINE, GENERATION, GROSS DOMESTIC PRODUCT, HOUSEHOLD EXPENDITURES, HYDROPOWER, IMPROVING ENERGY EFFICIENCY, INCOME, MARKET PRICE, NATURAL GAS, NET OIL, OIL, OIL COMPANIES, OIL EXPORTER, OIL EXPORTERS, OIL IMPORTING, OIL IMPORTING COUNTRIES, OIL PRICE, OIL PRICES, OIL PRODUCERS, OIL PRODUCTS, OIL SUPPLY, PETROLEUM, PETROLEUM PRODUCTS, PETROLEUM SOURCES, POWER, POWER PRODUCERS, POWER SYSTEM, PRICE DISCRIMINATION, PRICE ELASTICITIES, PRICE INCREASE, PRICE INCREASES, PRICE STABILIZATION, PRICE SUBSIDIES, PRICING POLICY, PUBLIC TRANSPORT, PUBLIC TRANSPORT OPERATORS, RENEWABLE SOURCES, RETAIL, RETAIL PRICE, SALE, SUBSTITUTES, SUPPLY CHAIN, TAX, TAXES ON PETROLEUM PRODUCTS, TRADITIONAL FUEL, TRANSPORTATION, TRANSPORTATION FUELS, VEHICLE, VEHICLE TRAVEL, WORLD MARKET, WORLD OIL,
Online Access:http://documents.worldbank.org/curated/en/2006/07/7101101/developing-countries-coping-higher-oil-prices
https://hdl.handle.net/10986/17957
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Summary:This note is based on a forthcoming report by ESMAP. The report covers policy alternatives adopted by developing country governments in response to the increases in world oil prices since the end of 2003. The report analyzes what factors have affected the responses and what policy prices have been used by governments to mitigate the effects of higher oil prices on consumers, the government budget, and the total demand for oil.