
Energy Subsidies in Latin America and the Caribbean : Stocktaking and Policy Challenges »
Journal Issue
Volume/Issue: 2015/30
Series: IMF Working Papers
Author(s): Gabriel Di Bella , Lawrence Norton , Joseph Ntamatungiro , Sumiko Ogawa , Issouf Samaké , and Marika Santoro
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 12 February 2015
DOI: http://dx.doi.org/10.5089/9781484365366.001
ISBN: 9781484365366
Keywords: Energy Subsidies, Latin America and the Caribbean, energy, electricity, prices, fuel, oil, General,
The oil price decline creates an opportunity to dismantle energy subsidies, which escalated with high oil prices. This paper assesses energy subsidies in Latin America and the Caribbean-about 1.8 percent of GDP in...