Government Subsidies

Government Subsidies PDF Author: Mr.Benedict J. Clements
Publisher: International Monetary Fund
ISBN: 1451851480
Category : Business & Economics
Languages : en
Pages : 58

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Book Description
This paper addresses the problems of defining and measuring government subsidies, examines why and how government subsidies are used as a fiscal policy tool, assesses their economic effects, appraises international empirical evidence on government subsidies, and offers options for their reform. Recent international trends in government subsidy expenditure are analyzed for the 16-year period from 1975 to 1990, using general government subsidy data for 60 countries from the System of National Accounts (SNA) and central government expenditure on subsidies and other current transfers for 68 countries from Government Finance Statistics (GFS). The paper reviews major policy options for subsidy reform, focusing on ways to improve the cost-effectiveness of subsidy programs.

Government Subsidies

Government Subsidies PDF Author: Mr.Benedict J. Clements
Publisher: International Monetary Fund
ISBN: 1451851480
Category : Business & Economics
Languages : en
Pages : 58

Get Book Here

Book Description
This paper addresses the problems of defining and measuring government subsidies, examines why and how government subsidies are used as a fiscal policy tool, assesses their economic effects, appraises international empirical evidence on government subsidies, and offers options for their reform. Recent international trends in government subsidy expenditure are analyzed for the 16-year period from 1975 to 1990, using general government subsidy data for 60 countries from the System of National Accounts (SNA) and central government expenditure on subsidies and other current transfers for 68 countries from Government Finance Statistics (GFS). The paper reviews major policy options for subsidy reform, focusing on ways to improve the cost-effectiveness of subsidy programs.

Water, Electricity, and the Poor

Water, Electricity, and the Poor PDF Author: Kristin Komives
Publisher: World Bank Publications
ISBN: 9780821363423
Category : Business & Economics
Languages : en
Pages : 308

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Book Description
This book reviews the prevalence and variants of consumer subsidies found in the developing world and the effectiveness of these subsidies for the poor. It places consumer subsidies in a broader social protection framework and compares them with poverty-focused programmes in other sectors using a common metric. It concludes that the most common subsidy instruments perform poorly in comparison with most other transfer mechanisms. Alternative consumption and connection subsidy mechanisms show more promise, especially when combined with complementary non-price approaches to making utility services accessible and affordable to poor households. The many factors contributing to those outcomes are dissected, identifying those that can be controlled and used to improve performance.

The WTO Law of Subsidies

The WTO Law of Subsidies PDF Author: Marc Benitah
Publisher: Kluwer Law International B.V.
ISBN: 9403503343
Category : Law
Languages : en
Pages : 728

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Book Description
Subsidies are arguably the dominant theme in International Economic Law. A prolific case law has been elaborated by WTO Panels and Appellate Body in response to the multitude of complaints lodged in the past two decades (Softwood Lumber, Airbus, Boeing, etc.) Unfortunately, it is possible to be overwhelmed by the complexity of this case law. This book provides a comprehensive approach in response to this complexity. First, it avoids unnecessary legal jargon, making it accessible to a large public. Second, it adopts a comprehensive and progressive approach where legal subtleties are not avoided but presented at the right moment and the right place. The reader is therefore not overwhelmed from the outset by a multitude of details. The first Part of the book adopts the perspective of a WTO Member seeking to counter an alleged subsidy granted by another Member. To this end, this first Part scans and analyzes in detail all WTO Agreements, containing cumulative disciplines and remedies relating to subsidies. Therefore, it is not only the SCM Agreement that is scanned and analyzed but also the Agreement on Agriculture (AoA), GATT 1994, and even the 1980 Agreement on Trade in Civil Aircraft (ATCA). The second Part of the book adopts the perspective of a WTO Member accused of granting subsidies violating subsidies disciplines.To this end, an original classification is offered of the various strategies that can be used by this Member. For this purpose, a distinction is made between the “threshold strategy” where the existence of a challengeable subsidy is recused from the outset, the “denying violation of disciplines strategy,”the “exemption or exception strategy,” the “procedural and evidentiary strategy,” and finally the “implementing strategy.” The last Part of this book, which could turn out to be the most useful for the community of agents concerned by subsidies, offers an original examination of pending legal issues. To this end, a relevant distinction is established between pending legal issues partially answered by present case law and pending legal issues not still answered by present case law. This case law and the norms disciplining subsidies in WTO Agreements are of utmost importance first for International Trade Ministries, Parliaments, and International Institutions (OECD, CNUCED, FAO, etc.). However, Non-Governmental Organizations (World Wide Fund, etc.) are also directly concerned by this topic regarding, for example, fisheries subsidies and their impact on overexploitation of marine resources. The private sector (fishing fleets, fishermen, extractive industries, etc.) is also affected by this topic particularly regarding future investments.Law firms involved in subsidies cases are naturally at the forefront of the community of agents concerned by this topic.

The Relationship Between Proportion of Income Derived from Subsidy and Strategic Performance of a Federal Agency Under the Commercial Activities Program

The Relationship Between Proportion of Income Derived from Subsidy and Strategic Performance of a Federal Agency Under the Commercial Activities Program PDF Author: Patrick A. Sullivan
Publisher:
ISBN:
Category : Business planning
Languages : en
Pages : 432

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Book Description


Relationship Between the State and Subsidized Companies

Relationship Between the State and Subsidized Companies PDF Author: Vigen Babkenovich Minasyan
Publisher:
ISBN:
Category :
Languages : en
Pages : 17

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Book Description
In the original model constructed relations between the state and subsidized by them company, taking into account the level of subsidy, the value of the effort further by the company, as well as the possibility of an additional influence of the state on the resulting company cash flows. Assess the value of these relationships and suggest ways of harmonizing them for the company and for the state without an application by company the extra effort. The paper also assess value these relationships and suggest ways of harmonizing them for the company and for the state upon application by company the extra effort.

Subsidizing Shelter

Subsidizing Shelter PDF Author: Sandra J. Newman
Publisher: The Urban Insitute
ISBN: 9780877664147
Category : Political Science
Languages : en
Pages : 212

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Book Description
This study examines the relationship between income and housing assistance programs. The welfare system, through the explicit and implicit shelter allowances that welfare recipients receive as part of their public assistance benefits, spends at least $10 billion a year on housing assistance. The Department of Housing and Urban Development spends a similar amount. Yet, the two streams of government financing for low income housing are uncoordinated and frequently overlapping. Part 1 presents new evidence on both the nature and the impact of this two-pronged approach to providing shelter assistance to the poor. It compares the level of benefits available to households receiving various combinations of aid, and documents the housing outcomes that are produced by the two systems of shelter support. It includes the following chapters: (1) Executive Summary; (2) Introduction; (3) Shelter Allowances Under the Welfare System; (4) The Impact of the Two-Pronged System; and (5) Directions for Future Policy. Part 2 presents detailed statistics on estimated shelter allowances for each of the 50 states and the District of Columbia under the following programs: (1) Aid to Families with Dependent Children (AFDC); (2) Supplemental Security Income (SSI); and (3) General Assistance (GA). Extensive statistical data are included on 42 tables, two graphs, and six appendices. (FMW)

Filing the FAFSA

Filing the FAFSA PDF Author: Mark Kantrowitz
Publisher: Edvisors Network, Inc.
ISBN: 0991464621
Category : Education
Languages : en
Pages : 238

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Book Description
Every year, more than 20 million students and parents file the Free Application for Federal Student Aid (FAFSA), the gateway to federal, state and school financial aid. Families often worry about making costly mistakes, but this step-by-step guide provides expert advice and insights to: · Maximize eligibility for student aid · Avoid common errors · Complete the form quickly, easily and accurately Praise for Filing the FAFSA: I found Filing the FAFSA to be an up-to-the-minute, accessible and readable resource for those with a keen interest in the current federal application for student financial aid. –Nancy Coolidge, Office of the President, University of California Families need a guide that breaks down the application form into logical sections. Filing the FAFSA is an important tool in removing some of the mystery surrounding the financial aid process. –Verna Hazen, Assistant Vice President and Director, Office of Financial Aid and Scholarships, Rochester Institute of Technology With the plethora of information on the subject of completing college financial applications, it’s reassuring to find a guide that students, parents and even guidance counselors can look to for useful and accurate information. –Carlos Adrian, Associate Director, Financial Aid Compliance, Office of Financial Aid and Scholarship Programs, Syracuse University As a long-time financial aid professional, I am always looking for helpful tools to assist families in understanding the sometimes overwhelming process of applying for student financial aid for college. Filing the FAFSA is a tool that successfully combines the presentation of detailed information with easy to follow flow charts and summary boxes to guide families through the application process. It is filled with helpful hints and is a valuable resource for families navigating the complicated world of financial aid. –Diane Stemper, Executive Director, Office of Enrollment Services, Student Financial Aid, Ohio State University

Subsidies in International Trade

Subsidies in International Trade PDF Author: Gary Clyde Hufbauer
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 312

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Book Description
Now available directly from: IIE 11 Dupont Circle, NW Washington, DC 20036 Tel: (202) 328-9000 Subsidies raise some of the most important and difficult issues of contemporary international economic relations. They are increasingly viewed as a key source of distortions to trade and investment flows and, while important initial steps have been made to bring them under international control, most governments view these efforts as an intrusion into their national sovereignty, and sharp differences remain concerning the nature and legitimacy of various subsidy practices. This book seeks to explain and analyze both the concepts underlying the subsidy problem and the most important of the issues involved. It discusses the various standards used to determine the existence and impact of subsidies in both agricultural and industrial trade, focusing in particular on the highly contentious problems of export credits, tax incentives, and the treatment of developing countries. One section of the book covers domestic subsidies, defining and relating them to international trade and offering proposals on how to deal with them constructively. The book concludes with a series of proposals for improving the ability of the international trading system to deal with problems posed by subsidies. These include more extensive (and perhaps altered) use of countervailing duties, the new concept of countervailing subsidies, and other possible means of handling third country markets. Changes in the existing international regime and in domestic legal structures are recommended to limit the adverse economic and political effects of subsidy practices. Gary Clyde Hufbauer is a Senior Fellow at the Institute and former Deputy Assistant Secretary of the Treasury for Trade and Investment Policy. Joanna Shelton-Erb is an international economist at the United States Treasury Department.

The Distributional Incidence of Residential Water and Electricity Subsidies

The Distributional Incidence of Residential Water and Electricity Subsidies PDF Author:
Publisher: World Bank Publications
ISBN:
Category : Public utilities
Languages : en
Pages : 26

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Book Description
"Subsidies to residential utility customers are popular among policymakers, utility managers, and utility customers alike, but they are nonetheless the subject of much controversy. Utility subsidies are seen as a way to help make utility service affordable for poor households and as an alternative mechanism for income redistribution. These arguments in favor of subsidies are countered by serious concerns about their adverse effects on consumer behavior, utility operations, and the financial health of utilities. Both the affordability and redistributive arguments for subsidies are based on the presumption that poor households benefit disproportionately from water and electricity subsidies, that they are well-targeted to the poor. The authors test this assumption by examining the extent to which the poor benefit from consumption and connection subsidies for water and electricity services. Their analysis of a wide range of subsidy models from around the developing world shows that the most common form of utility subsidy-quantity-based subsidies delivered through the tariff structure-are highly regressive. Geographically targeted or means-tested subsidies do better, and in many cases have a progressive incidence, but large numbers of poor households remain excluded. Low levels of coverage and metering severely limit the effectiveness of consumption subsidy schemes to reach the poor. Simulations suggest that connection subsidies are an attractive alternative for low coverage areas, but only if utilities have the means and motivation to extend network access to poor households and only if those households choose to connect. "--World Bank web site.

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.