Piotrowski, John M.; Coady, David; Tyson, Justin; … - International Monetary Fund (IMF) - 2010
Petroleum product subsidies have again started to increase with the rebound in international prices. This note reviews … recent developments in subsidy levels and argues that reforming the policy framework for setting petroleum product prices is … consumer subsidies for petroleum products are estimated to have increased more than eightfold, from $57 billion to $490 billion …