Energy Subsidy Reform.

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Energy subsidies have wide-ranging economic consequences. Although they are aimed at protecting consumers, subsidies aggravate fiscal imbalances, crowd out priority public spending, and depress private investment, including in the energy sector. Subsidies also distort resource allocation by encourag...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Clements, Benedict J.
Otros Autores: Coady, David, Fabrizio, Stefania, Gupta, Sanjeev, Alleyne, Trevor Serge Coleridge, Sdralevich, Carlo A.
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Washington : International Monetary Fund, 2013.
Temas:
Electric utilities > Government policy.
Energy policy > Case studies.
Services publics d'électricité > Politique gouvernementale.
Politique énergétique > Études de cas.
Electric utilities > Government policy
Energy policy
Case studies
Acceso en línea:Texto completo
Descripción
Sumario:Energy subsidies have wide-ranging economic consequences. Although they are aimed at protecting consumers, subsidies aggravate fiscal imbalances, crowd out priority public spending, and depress private investment, including in the energy sector. Subsidies also distort resource allocation by encouraging excessive energy consumption, artificially promoting capital-intensive industries, reducing incentives for investment in renewable energy, and accelerating the depletion of natural resources. Most subsidy benefits are captured by higher-income households, reinforcing inequality. Even future gene.
Notas:Figure 6.1 Indonesia: Macroeconomic Developments and Energy Subsidy Reforms, 1997- 2011 (Percent of GDP or rate).
Descripción Física:1 online resource (197 pages)
ISBN:9781484339169
1484339169

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