Energy Subsidies in Latin America and the Caribbean.

The oil price decline creates an opportunity to dismantle energy subsidies, which escalatedwith high oil prices. This paper assesses energy subsidies in Latin America and theCaribbean-about 1.8 percent of GDP in 2011-13 (approximately evenly split betweenfuel and electricity), and about 3.8 percent...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Di Bella, Gabriel
Otros Autores: Norton, Lawrence, Ntamatungiro, Joseph, Ogawa, Sumiko, Samaké, Issouf, Santoro, Marika
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Washington : International Monetary Fund, 2015.
Colección:IMF Working Papers.
Temas:
Natural resources > Latin America.
Energy industries > Latin America.
Fiscal policy > Latin America.
Government business enterprises > Latin America.
Natural resources > Caribbean Area.
Ressources naturelles > Amérique latine.
Industries énergétiques > Amérique latine.
Politique fiscale > Amérique latine.
Entreprises publiques > Amérique latine.
Ressources naturelles > Caraïbes (Région)
Energy industries
Fiscal policy
Government business enterprises
Natural resources
Caribbean Area
Latin America
Acceso en línea:Texto completo
Tabla de Contenidos:
  • Cover; Contents; Executive Summary; I. Introduction; Figures; 1. Energy Subsidies: A Global Perspective (Percent of GDP); II. Taking Stock of Energy Subsidies in LAC countries; Tables; 1. Pre-tax Energy Subsidies (Percent of GDP, average 2011-13); 2. Pre-tax Energy Subsidies (Percent of GDP, average 2011-13; 2. Energy Subsidies and Economic Size (Average 2011-13); A. Fuel Subsidies in LAC; 3. Fuel Subsidies and Energy Richness (Average 2011-13); 4. Gasoline and Diesel Prices Including Taxes; 3. Selected Fuel Price Practices and Financing Regimes in LAC; B. Electricity Subsidies in LAC.
  • 4. Selected Electricity Price Practices and Financing Regimes in LACIII. Policy Challenges for LAC Arising from Energy Subsidies; A. Fiscal Costs; 5. Electricity Subsidies and Measures of Electricity Performance (Average 2011-13); 6. Energy Subsidies and Fiscal Deficits (Percent of GDP, Average 2011-13); B. Fiscal Transparency; 7. Energy Subsidies and Fiscal Revenues (Average 2011-13); C. The Energy Value Chain, SOEs, and Competitiveness; 8. Gasoline and Diesel Prices Net of Taxes; D. External Vulnerabilities; 9. Current Account and Oil Trade Balances.
  • E. Household Welfare and Income Distribution10. Energy Subsidies and Fiscal Spending (Average 2011-13); F. Environmental and other Negative Externalities; IV. How and When to Reform Subsidy Policy? Experience from LAC countries; 11. Fuel Taxation and Negative Externalities (Current Excise Minus Corrective Tax, US/Liter, 2010); A. How to Rationalize Subsidies?; B. When to Rationalize Subsidies?; Annexes; I: Country Groupings; II: Data Sources; III: A Summary of Energy Policies in LAC countries; Boxes; 1. Measuring Fuel Subsidies by the Price-Gap Approach; 2. Measuring Electricity Subsidies.
  • 3. Energy Subsidies and Country Characteristics4. The Petrocaribe Arrangement; References.

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