Energy Subsidy Reform: Lessons and Implications

By Benedict J. Clements, David Coady, Stefania Fabrizio, Sanjeev Gupta, Trevor Serge Coleridge Alleyne, Carlo A Sdralevich

September 13, 2013

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Benedict J. Clements, David Coady, Stefania Fabrizio, Sanjeev Gupta, Trevor Serge Coleridge Alleyne, and Carlo A Sdralevich. Energy Subsidy Reform: Lessons and Implications, (USA: International Monetary Fund, 2013) accessed December 21, 2024

Summary

Energy subsidies are aimed at protecting consumers, however, subsidies aggravate fiscal imbalances, crowd out priority public spending, and depress private investment, including in the energy sector. This book provides the most comprehensive estimates of energy subsidies currently available for 176 countries and an analysis of “how to do” energy subsidy reform, drawing on insights from 22 country case studies undertaken by the IMF staff and analyses carried out by other institutions.

Subject: Energy pricing, Energy subsidies, Expenditure, Fuel prices, Inflation, Prices, Tariffs, Taxes

Keywords: Africa, BOOK, Caribbean, Cost-recovery price, Energy pricing, Energy subsidies, Enterprise, Fuel prices, Global, Government, Inflation, Middle East, Price, Producer subsidy, Sub-Saharan Africa, Subsidy, Subsidy reform, Supply cost, Tariffs, Transfer program

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