Energy Subsidy Reform - Lessons and Implications

Released on by International Monetary Fund. Fiscal Affairs Dept.
preview-18

  • Energy Subsidy Reform - Lessons and Implications Book Detail

  • Author : International Monetary Fund. Fiscal Affairs Dept.
  • Release Date : 2013-01-28
  • Publisher : International Monetary Fund
  • Genre : Business & Economics
  • Pages : 69
  • ISBN 13 : 1498342396
  • File Size : 70,70 MB
DOWNLOAD BOOK

Energy Subsidy Reform - Lessons and Implications by International Monetary Fund. Fiscal Affairs Dept. PDF Summary

Book Description: Energy subsidies have wide-ranging economic consequences. While aimed at protecting consumers, subsidies aggravate fiscal imbalances, crowd-out priority public spending, and depress private investment, including in the energy sector. Subsidies also distort resource allocation by encouraging excessive energy consumption, artificially promoting capital-intensive industries, reducing incentives for investment in renewable energy, and accelerating the depletion of natural resources. Most subsidy benefits are captured by higher-income households, reinforcing inequality. Even future generations are affected through the damaging effects of increased energy consumption on global warming. This paper provides: (i) the most comprehensive estimates of energy subsidies currently available for 176 countries; and (ii) an analysis of ?how to do energy subsidy reform, drawing on insights from 22 country case studies undertaken by IMF staff and analyses carried out by other institutions.

Disclaimer: www.yourbookbest.com does not own Energy Subsidy Reform - Lessons and Implications books pdf, neither created or scanned. We just provide the link that is already available on the internet, public domain and in Google Drive. If any way it violates the law or has any issues, then kindly mail us via contact us page to request the removal of the link.

Energy Subsidy Reform

Energy Subsidy Reform

File Size : 58,58 MB
Total View : 2395 Views
DOWNLOAD

Energy subsidies are aimed at protecting consumers, however, subsidies aggravate fiscal imbalances, crowd out priority public spending, and depress private inve

Energy Subsidies

Energy Subsidies

File Size : 75,75 MB
Total View : 6722 Views
DOWNLOAD

The need to reform energy subsidies was one of the pressing issues highlighted at the World Summit on Sustainable Development. Many types of subsidy, especially