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Energy Subsidy Reform.
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...
| Clasificación: | Libro Electrónico |
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| Autor principal: | |
| Otros Autores: | , , , , |
| Formato: | Electrónico eBook |
| Idioma: | Francés |
| Publicado: |
Washington :
International Monetary Fund,
2014.
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| Temas: | |
| Acceso en línea: | Texto completo |
| 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. |
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| Descripción Física: | 1 online resource (404 pages) |
| ISBN: | 9781475549249 1475549245 |