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Petroleum Product Subsidies »
Article
Source: Petroleum Product Subsidies : Costly, Inequitable, and On the Rise
Volume/Issue: 2010/05
Series: IMF Staff Position Notes
Author(s): John Piotrowski , David Coady , Justin Tyson , Rolando Ossowski , Robert Gillingham , and Shamsuddin Tareq
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 25 February 2010
ISBN: 9781455239108
Keywords: Commodity price fluctuations, Oil exporting countries, Oil product prices, Oil subsidies, Price stabilization, Fiscal reforms, Governance, Taxes, Subsidies, Petroleum products
Petroleum product subsidies have again started to increase with the rebound in international prices. This note reviews recent developments in subsidy levels and argues that reforming the policy framework for settin...