Cargando…

Energy Subsidy Reform : Lessons and Implications /

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...

Descripción completa

Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Clements, Benedict J.
Otros Autores: Sdralevich, Carlo A., Gupta, Sanjeev, Fabrizio, Stefania, Coady, David, Alleyne, Trevor Serge Coleridge
Formato: Electrónico eBook
Idioma:Arabic
Publicado: Washington, D.C. : International Monetary Fund, 2013.
Temas:
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.
Descripción Física:1 online resource (194 pages)
ISBN:9781484346969
1484346963