Energy Subsidy Reform: Lessons and Implications

Energy Subsidy Reform: Lessons and Implications

NOOK Book(eBook)

$9.99 $14.00 Save 29% Current price is $9.99, Original price is $14. You Save 29%.
View All Available Formats & Editions

Available on Compatible NOOK Devices and the free NOOK Apps.
WANT A NOOK?  Explore Now
LEND ME® See Details

Overview

Energy subsidies have wide-ranging economic consequences. Although they are 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 book provides (1) the most comprehensive estimates of energy subsidies currently available for 176 countries and (2) 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.

Product Details

ISBN-13: 9781484339169
Publisher: INTERNATIONAL MONETARY FUND
Publication date: 09/13/2013
Sold by: Barnes & Noble
Format: NOOK Book
File size: 8 MB

Customer Reviews

Most Helpful Customer Reviews

See All Customer Reviews