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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 …
Persistent link: https://www.econbiz.de/10005825884
The impact of higher petroleum prices on the aggregate price level, real growth, and income distribution is appraised within a multisector computable general equilibrium (CGE) model. A reduction in the government subsidy raises petroleum prices and production costs throughout the economy....
Persistent link: https://www.econbiz.de/10005826502
This paper looks at the fiscal cost and distributional impact of implicit fuel price subsidies in Gabon, where fuel … fiscal cost of the subsidies at 3.2 percent of non-oil GDP in 2005-more than total public health expenditures. We also … analyze the distribution of the subsidies using household survey data and find that the bulk of the subsidies benefit higher …
Persistent link: https://www.econbiz.de/10005605216
remained about 20 percent of non-oil GDP, compared with overall fuel subsidies of about 8.3 percent of non-oil GDP. The fuel …
Persistent link: https://www.econbiz.de/10010790447
This paper analyzes past fiscal consolidation plans and their outcomes in France. It covers the early attempts at fiscal consolidation in the 1970s and the 1980s (Plan Barre and Virage de la Rigueur), the first episode of medium-term fiscal consolidation in 1994-97 ahead of joining the European...
Persistent link: https://www.econbiz.de/10009019566
This Selected Issues paper on Malaysia highlights quantitative assessment of additional measures required during the medium term to achieve fiscal targets. The authorities aim to lower the budget deficit to about 3 percent of GDP by 2015, down from 4.0 percent in 2013, and to balance the budget...
Persistent link: https://www.econbiz.de/10011242901
Persistent link: https://www.econbiz.de/10011433304
Persistent link: https://www.econbiz.de/10011494977
I examine Ronald Coase's criticism of standard regulatory and tax policies to address environmental externalities. I …
Persistent link: https://www.econbiz.de/10013000533
Persistent link: https://www.econbiz.de/10011954418