Energy Subsidy Reform

Energy Subsidy Reform PDF Author: Mr.Benedict J. Clements
Publisher: International Monetary Fund
ISBN: 1484339169
Category : Business & Economics
Languages : en
Pages : 390

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Book Description
Energy subsidies are aimed at protecting consumers, however, subsidies aggravate fiscal imbalances, crowd out priority public spending, and depress private investment, including in the energy sector. This book provides the most comprehensive estimates of energy subsidies currently available for 176 countries and an analysis of “how to do” energy subsidy reform, drawing on insights from 22 country case studies undertaken by the IMF staff and analyses carried out by other institutions.

Energy Subsidy Reform

Energy Subsidy Reform PDF Author: Mr.Benedict J. Clements
Publisher: International Monetary Fund
ISBN: 1484339169
Category : Business & Economics
Languages : en
Pages : 390

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Book Description
Energy subsidies are aimed at protecting consumers, however, subsidies aggravate fiscal imbalances, crowd out priority public spending, and depress private investment, including in the energy sector. This book provides the most comprehensive estimates of energy subsidies currently available for 176 countries and an analysis of “how to do” energy subsidy reform, drawing on insights from 22 country case studies undertaken by the IMF staff and analyses carried out by other institutions.

Fossil Fuel Subsidy Reforms

Fossil Fuel Subsidy Reforms PDF Author: Jun Rentschler
Publisher: Routledge
ISBN: 1351175815
Category : Political Science
Languages : en
Pages : 253

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Book Description
Countries around the world are spending up to $500 billion per year on subsidising fossil fuel consumption. By some estimates, the G20 countries alone are spending around another $450 billion on subsidising fossil fuel production. In addition, the indirect social welfare costs of these subsidies have been shown to be substantial – for instance due to air pollution, road congestion, climate change, and economic inefficiency, to name a few. Considering these numbers, there is no doubt that fossil fuel subsidies cause severe economic distortions that compromise countries’ prospects of achieving equitable and sustainable development. This book provides a guide to the complex challenge of designing, assessing, and implementing effective fossil fuel subsidy reforms. It shows that subsidy reform requires a careful balancing of complex economic and political trade-offs, as well as measures to mitigate adverse effects on vulnerable households and to assist firms with implementing efficiency enhancing measures. Going beyond the purely fiscal perspective, this book emphasises that smart subsidy reforms can contribute to all three dimensions of sustainable development – environment, society, and economy. Over the course of eight chapters, this book considers a wide range of agents and stakeholders, markets, and policy measures in order to distil the key principles of designing effective fossil fuel subsidy reforms. This book will be of great relevance to scholars and policy makers with an interest in energy economics and policy, climate change policy, and sustainable development more broadly.

Implementing Energy Subsidy Reforms

Implementing Energy Subsidy Reforms PDF Author: Maria Vagliasindi
Publisher: World Bank Publications
ISBN: 0821395629
Category : Business & Economics
Languages : en
Pages : 348

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Book Description
Poorly implemented energy subsidies are economically costly to taxpayers and damage the environment. This book aims to provide lessons from a sample of twenty case studies to help policymakers address implementation challenges and overcome political economy and affordability constraints.

Subsidy Reform in the Middle East and North Africa

Subsidy Reform in the Middle East and North Africa PDF Author: Mr.Carlo A Sdralevich
Publisher: International Monetary Fund
ISBN: 1498350437
Category : Business & Economics
Languages : en
Pages : 130

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Book Description
In the Middle East and North Africa (MENA) countries price subsidies are common, especially on food and fuels. However, these are neither well targeted nor cost effective as a social protection tool, often benefiting mainly the better off instead of the poor and vulnerable. This paper explores the challenges of replacing generalized price subsidies with more equitable social safety net instruments, including the short-term inflationary effects, and describes the features of successful subsidy reforms.

Fossil Fuel Subsidy Reform

Fossil Fuel Subsidy Reform PDF Author: Vernon JC Rive
Publisher: Edward Elgar Publishing
ISBN: 1785360892
Category : Electronic books
Languages : en
Pages : 313

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Book Description
This much-needed book provides an empirically-grounded, and theoretically informed account of international law sources, mechanisms, initiatives and institutions which address and affect the practice of subsidising fossil fuel consumption and production. Drawing on recent scholarship on emerging international governance mechanisms, ‘informal’ international law-making and regime interaction, it offers suggestions, and critiques suggestions of others, for how the international law framework could be employed more effectively and appropriately to respond to environmentally and fiscally harmful fossil fuel subsidies.

The Politics of Fossil Fuel Subsidies and Their Reform

The Politics of Fossil Fuel Subsidies and Their Reform PDF Author: Jakob Skovgaard
Publisher: Cambridge University Press
ISBN: 1108416799
Category : Business & Economics
Languages : en
Pages : 349

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Book Description
This comprehensive volume provides the first book-length account on the politics of fossil fuel subsidies. This title is also available as Open Access.

The Quest for Subsidy Reforms in the Middle East and North Africa Region

The Quest for Subsidy Reforms in the Middle East and North Africa Region PDF Author: Paolo Verme
Publisher: Springer
ISBN: 3319529269
Category : Political Science
Languages : en
Pages : 356

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Book Description
This book is an analysis of energy and food subsidies in the MENA region between 2010 and 2014. Using the World Bank’s proprietary SUBSIM model, the book studies the distribution of subsidies and the simulation of subsidy reforms across eight countries within in a partial equilibrium framework. The distributional analysis of subsidies provides information on who benefits from existing subsidies, while the simulations of subsidy reforms provide information on the outcomes of the reforms in terms of government budget, household welfare, poverty, inequality, and the trade-offs between these outcomes. This focus provides governments with the essential information they need to make decisions on subsidy reforms and consumers with a clear sense of which programs and reforms are successful. The book highlights the historical roots of subsidies, the real trigger of subsidy reforms, and the complexity of subsidy reforms. It discusses the pros and cons of radical and gradualist approaches to reforms, the use of compensation mechanisms and their implications, the advantages and disadvantages of public information campaigns, the political economy of targeting different economic populations, the political timing of reforms, and whether, overall, the reforms observed in the MENA region have been successful. The first book on subsidies in the MENA region that is based on primary micro data, this book is useful for researchers and graduate students studying political economy and working with microsimulation modelling instruments as well as government officials engaged in subsidies reforms, research institutes and private consulting groups advising governments on subsidy reforms.

Governing the Climate-Energy Nexus

Governing the Climate-Energy Nexus PDF Author: Fariborz Zelli
Publisher: Cambridge University Press
ISBN: 1108484816
Category : Business & Economics
Languages : en
Pages : 293

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Book Description
Analysing the interactions between institutions in the climate change and energy nexus, including the consequences for their legitimacy and effectiveness. Prominent researchers from political science and international relations compare three policy domains: renewable energy, fossil fuel subsidy reform, and carbon pricing. This title is also available as Open Access on Cambridge Core.

OECD Sustainable Development Studies Subsidy Reform and Sustainable Development Economic, Environmental and Social Aspects

OECD Sustainable Development Studies Subsidy Reform and Sustainable Development Economic, Environmental and Social Aspects PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264025650
Category :
Languages : en
Pages : 149

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Book Description
These proceedings present an overview of approaches for assessing subsidies and associated taxes and look at country experiences in reforming subsidies in agriculture, fisheries, industry and transport.

Environmentally Harmful Subsidies Challenges for Reform

Environmentally Harmful Subsidies Challenges for Reform PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264012052
Category :
Languages : en
Pages : 163

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Book Description
This book discusses politically-feasible reform strategies that can be used to combat environmentally harmful subsidies.