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Domestic petroleum product prices and subsidies : recent developments and reform strategies
Baig, Taimur (Author)

URLURL - Presentation file, Visit http://www.imf.org/external/pubs/ft/wp/2007/wp0771.pdf New window

Abstract
The paper reviews recent developments in the pass-through of international to domestic petroleum product prices, in the different fuel pricing regimes, and in fuel subsidies in a range of emerging market and developing economies. The main finding of the paper is the limited price pass-through in many countries and the consequent increase in fuel subsidies. The paper proposes that key elements of a successful strategy to contain subsidies should comprise: makingsubsidies explicit; making pricing mechanisms more robust; combining reductions in subsidies with measures to protect the poorest; using the resulting savings well, and transparency and consultation.

Language:English
Keywords:dežele v razvoju, energetika, nafta, oblikovanje cene, fiskalna politika, strategija, reforme, developing countries, energetics, oil, pricing, fiscal policy, strategy, reforms
Work type:Statistics (i)
Organization:EF - Faculty of Economics
Year:2007
Publisher:International Monetary Fund
Number of pages:24 str.
Place:[Washington]
UDC:665.6
COBISS.SI-ID:17271526 Link is opened in a new window
Views:471
Downloads:145
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