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Energy Subsidy Reform
			: Lessons and Implications

Energy Subsidy Reform : Lessons and Implications »

Series: Books

Author(s): Benedict Clements , David Coady , Stefania Fabrizio , Sanjeev Gupta , Trevor Alleyne , and Carlo Sdralevich

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 September 2013

DOI: http://dx.doi.org/10.5089/9781475558111.071

ISBN: 9781475558111

Keywords: prices, electricity, pricing, electricity sector, electricity subsidies

Energy subsidies are aimed at protecting consumers, however, subsidies aggravate fiscal imbalances, crowd out priority public spending, and depress private investment, including in the energy sector. This book prov...

Coordinating Stabilization and Structural Reform
			: Proceedings of the Seminar Coordination of Structural Reform and Macroeconomic Stabilization, Washington, D.C., June 17-26, 1993

Coordinating Stabilization and Structural Reform : Proceedings of the Seminar Coordination of Structural Reform and Macroeconomic Stabilization, Washington, D.C., June 17-26, 1993 »

Series: Books

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 September 1994

DOI: http://dx.doi.org/10.5089/9781557754301.071

ISBN: 9781557754301

Keywords: interest, exchange rate, inflation, prices, restructuring

This seminar volume, edited by Richard C. Barth, Alan R. Roe, and Chorng-Huey Wong, presents an overview of the links between structural and macroeconomic policies that were addressed in an IMF Institute seminar he...

Beyond the Curse
			: Policies to Harness the Power of Natural Resources

Beyond the Curse : Policies to Harness the Power of Natural Resources »

Series: Books

Author(s): Amadou Sy , Rabah Arezki , and Thorvaldur Gylfason

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 January 2012

DOI: http://dx.doi.org/10.5089/9781616351458.071

ISBN: 9781616351458

Keywords: natural resource, copper, inflation, commodity prices

Countries with an abundance of natural resources, many of which are in sub-Saharan Africa, often show a record of relatively poor economic performance compared with non-resource-rich countries. The chapters in this...

Fiscal Policy Formulation and Implementation in Oil-Producing Countries

Fiscal Policy Formulation and Implementation in Oil-Producing Countries »

Series: Books

Author(s): Jeffrey Davis , Annalisa Fedelino , and Rolando Ossowski

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 21 August 2003

DOI: http://dx.doi.org/10.5089/9781589061750.071

ISBN: 9781589061750

Keywords: oil prices, fiscal policy, oil revenues, oil and gas, taxation

Countries with large oil resources can benefit substantially from them. However, despite their huge natural resources, many oil producers have had disappointing growth, widespread poverty, and continuing vulnerabil...

Managing the Oil Revenue Boom
			: The Role of Fiscal Institutions

Managing the Oil Revenue Boom : The Role of Fiscal Institutions »

Series: Occasional Papers

Author(s): Mauricio Villafuerte , Rolando Ossowski , Theo Thomas , and Paulo Medas

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 30 April 2008

DOI: http://dx.doi.org/10.5089/9781589067189.084

ISBN: 9781589067189

Keywords: Financial institutions, Oil revenues, oil-producing countries, fiscal policy, oil prices, fiscal rules

Oil-producing countries have benefited from rising oil prices in recent years. The increase in oil exports and oil revenues has had major implications for these countries. These developments have revealed how gover...

Appendix A. Estimating Pretax and Posttax Global Energy Subsidies

Appendix A. Estimating Pretax and Posttax Global Energy Subsidies »

Source: Energy Subsidy Reform : Lessons and Implications

Series: Books

Author(s): Benedict Clements , David Coady , Stefania Fabrizio , Sanjeev Gupta , Trevor Alleyne , and Carlo Sdralevich

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 September 2013

ISBN: 9781475558111

Keywords: prices, electricity, pricing, electricity sector, electricity subsidies

This appendix describes the data sources and methodologies used for the estimation of subsidies for petroleum products, coal, natural gas, and electricity. Pretax Subsidies...

Appendix B. Assessing the Environmental and Health Impacts of Energy Subsidy Reform

Appendix B. Assessing the Environmental and Health Impacts of Energy Subsidy Reform »

Source: Energy Subsidy Reform : Lessons and Implications

Series: Books

Author(s): Benedict Clements , David Coady , Stefania Fabrizio , Sanjeev Gupta , Trevor Alleyne , and Carlo Sdralevich

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 September 2013

ISBN: 9781475558111

Keywords: prices, electricity, pricing, electricity sector, electricity subsidies

This appendix describes the methodologies used to provide calculations of the impact of energy subsidy reform on CO2 emissions, SO2 emissions, and other local pollutants. Here we consider a scenario in which...

Chapter 2. Defining and Measuring Energy Subsidies

Chapter 2. Defining and Measuring Energy Subsidies »

Source: Energy Subsidy Reform : Lessons and Implications

Series: Books

Author(s): Benedict Clements , David Coady , Stefania Fabrizio , Sanjeev Gupta , Trevor Alleyne , and Carlo Sdralevich

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 September 2013

ISBN: 9781475558111

Keywords: prices, electricity, pricing, electricity sector, electricity subsidies

Definition and Measurement Energy subsidies comprise both consumer and producer subsidies. Consumer subsidies arise when the prices paid by consumers, including both firms (intermedi...

Chapter 4. Reforming Energy Subsidies: Lessons from Experience

Chapter 4. Reforming Energy Subsidies: Lessons from Experience »

Source: Energy Subsidy Reform : Lessons and Implications

Series: Books

Author(s): Benedict Clements , David Coady , Stefania Fabrizio , Sanjeev Gupta , Trevor Alleyne , and Carlo Sdralevich

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 September 2013

ISBN: 9781475558111

Keywords: prices, electricity, pricing, electricity sector, electricity subsidies

Overview This chapter provides insights from country case studies to identify ingredients for successful subsidy reform. The country case studies include both successful and unsucces...

Climate Change and the Economy

Climate Change and the Economy »

Source: Finance & Development, March 2008

Volume/Issue: 45/1

Series: Finance & Development

Author(s): International Monetary Fund. External Relations Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 07 April 2008

ISBN: 9781451922349

Keywords: climate change, emissions, crude oil, opec, oil prices

Commodity Boom: How Long Will It Last?" asks how economies will fare after the record-high prices of key raw materials posted in recent months, which build on dramatic increases from their lows of 2000. The lead ar...