Showing 1 - 10 of 87
Commonly cited environmental instruments in the legal, regulatory, and fiscal domains are intended primarily to address market failures to ensure that environmental degradation and resource use is contained to appropriate levels. However, in many instances, environmental degradation is rooted...
Persistent link: https://www.econbiz.de/10005825826
This paper presents a general framework for characterizing the optimal pattern of subsidies for poverty alleviation under budgetary constraints and suggests possible reforms for the existing pattern of subsidies. The government may subsidize or tax goods in order to meet its objectives. The...
Persistent link: https://www.econbiz.de/10005825884
within a multisector computable general equilibrium (CGE) model. A reduction in the government subsidy raises petroleum … will be the most significantly affected by the subsidy reduction. …
Persistent link: https://www.econbiz.de/10005826502
On December 18, 2010, Iran increased domestic energy and agricultural prices by up to 20 times, making it the first major oil-exporting country to reduce substantially implicit energy subsidies. This paper reviews the economic and technical issues involved in the planning and early...
Persistent link: https://www.econbiz.de/10009203528
consumption to changes in energy prices and the implications of our findings for the debate on energy subsidy reform. Our findings … significant long-term benefits from the reform of energy subsidies. Our findings also indicate that short-term gains from subsidy … reform are likely to be much smaller, which suggests the need for either a gradual approach to subsidy reform or for more …
Persistent link: https://www.econbiz.de/10011242222
This selected issues paper on Sudan was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with the member country. It is based on the information available at the time it was completed on September 7, 2012. The views expressed...
Persistent link: https://www.econbiz.de/10011244203
This Selected Issues Paper focuses on economic condition, energy subsidies, and oil prices in Jordan. Energy price subsidies pose a serious fiscal risk in the present context of increasing and volatile international prices. The macroeconomic situation in Jordan is closely tied to that of other...
Persistent link: https://www.econbiz.de/10011244218
This paper reviews evidence on the impact of fuel subsidy reform on household welfare in developing countries. On … average, the burden of subsidy reform is neutrally distributed across income groups; a $0.25 decrease in the per liter subsidy … subsidies than the bottom. Issues that need to be addressed when undertaking subsidy reform are also discussed, including the …
Persistent link: https://www.econbiz.de/10008671315
This paper assesses the effectiveness of policies taken by the Burkinabè authorities to protect the poor from the adverse impact of a combined food and oil price shock in 2008. Estimates of the impact based on household survey data and a price pass-through model suggest that these policies were...
Persistent link: https://www.econbiz.de/10009293765
Welfare economics, scope and performance of government, externalities, public goods, cost-benefit analysis, subsidies economize on spending without losing effectiveness by modifying the conceptual framework guiding state expenditures. The familiar framework says that state intervention is...
Persistent link: https://www.econbiz.de/10010790359