Energy Subsidy Reform: Lessons and Implications
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 encourag...
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| Main Author: | |
|---|---|
| Format: | Electronic eBook |
| Language: | Arabic |
| Published: |
Washington, D.C
International Monetary Fund
2013
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| Online Access: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
| Summary: | 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 |
| Physical Description: | 1 Online-Ressource (194 p) |
| ISBN: | 1484389921 9781484389928 |
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| illustrated | Not Illustrated |
| index_date | 2024-07-03T20:13:36Z |
| indexdate | 2024-07-10T09:35:47Z |
| institution | BVB |
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| language | Arabic |
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| publisher | International Monetary Fund |
| record_format | marc |
| spelling | Clements, Benedict J. Verfasser aut Energy Subsidy Reform Lessons and Implications Clements, Benedict J Washington, D.C International Monetary Fund 2013 1 Online-Ressource (194 p) txt rdacontent c rdamedia cr rdacarrier 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 Online-Ausg Alleyne, Trevor Serge Coleridge Sonstige oth Coady, David Sonstige oth Fabrizio, Stefania Sonstige oth Gupta, Sanjeev Sonstige oth Sdralevich, Carlo A. Sonstige oth http://elibrary.imf.org/view/IMF071/20361-9781484389928/20361-9781484389928/20361-9781484389928.xml Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Clements, Benedict J. Energy Subsidy Reform Lessons and Implications |
| title | Energy Subsidy Reform Lessons and Implications |
| title_auth | Energy Subsidy Reform Lessons and Implications |
| title_exact_search | Energy Subsidy Reform Lessons and Implications |
| title_exact_search_txtP | Energy Subsidy Reform Lessons and Implications |
| title_full | Energy Subsidy Reform Lessons and Implications Clements, Benedict J |
| title_fullStr | Energy Subsidy Reform Lessons and Implications Clements, Benedict J |
| title_full_unstemmed | Energy Subsidy Reform Lessons and Implications Clements, Benedict J |
| title_short | Energy Subsidy Reform |
| title_sort | energy subsidy reform lessons and implications |
| title_sub | Lessons and Implications |
| url | http://elibrary.imf.org/view/IMF071/20361-9781484389928/20361-9781484389928/20361-9781484389928.xml |
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