This paper provides a comprehensive, updated picture of energy subsidies at the global and
regional levels. It focuses on the broad notion of post-tax energy subsidies, which arise when
consumer prices are below supply costs plus a tax to reflect environmental damage and an
additional tax applied to all consumption goods to raise government revenues. Post-tax
energy subsidies are dramatically higher than previously estimated, and are projected to
remain high. These subsidies primarily reflect under-pricing from a domestic (rather than
global) perspective, so even unilateral price reform is in countries’ own interests. The
potential fiscal, environmental and welfare impacts of energy subsidy reform are substantial.
To view this DRM protected ebook on your desktop or laptop you will need to have Adobe Digital Editions installed. It is a free software. We also strongly recommend that you sign up for an AdobeID at the Adobe website. For more details please see FAQ 1&2. To view this ebook on an iPhone, iPad or Android mobile device you will need the Adobe Digital Editions app, or BlueFire Reader or Txtr app. These are free, too. For more details see this article.
|Size: ||5.5 MB|
|Publisher: ||INTERNATIONAL MONETARY FUND|
|Date published: || 2015|
|ISBN: ||9781513560502 (DRM-EPUB)|
|Read Aloud: ||not allowed|