Phasing Out Subsidies : Recent Experiences with Fuel in Developing Countries
Many developing countries subsidize petroleum products. The doubling of world oil prices since January 2004 has had very high fiscal costs for these countries, increasing public debt and squeezing other government spending. The subsidies have also...
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| Format: | Viewpoint |
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World Bank, Washington, DC
2012
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| Online Access: | http://documents.worldbank.org/curated/en/2006/08/7039589/phasing-out-subsidies-recent-experiences-fuel-developing-countries http://hdl.handle.net/10986/11178 |
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okr-10986-111782021-04-23T14:02:54Z Phasing Out Subsidies : Recent Experiences with Fuel in Developing Countries Bacon, Robert Kojima, Masami ADVERSE CONSEQUENCE ADVERSE CONSEQUENCES AGRICULTURE APPROACH AUTOMOTIVE DIESEL CONSUMERS CONTROLLED PRICES DIESEL DOWNSTREAM OIL ELECTRICITY ELECTRICITY GENERATION FAIR FINANCIAL INCENTIVES FUEL FUEL PRICE FUEL PRICE INCREASE FUEL PRICES FUEL SUBSIDIES FUELS GASOLINE INCOME GROUPS INEFFICIENCY INTERNATIONAL MARKET INTERNATIONAL OIL PRICES KEROSENE KILOWATT-HOURS LIQUEFIED PETROLEUM GAS MARKET PRICES NATIONAL OIL NET OIL OIL OIL COMPANY OIL EXPORTERS OIL IMPORTERS OIL PRICES OIL SECTOR PETROLEUM PETROLEUM GAS PETROLEUM PRODUCTS PETROLEUM SECTOR PRICE CEILINGS PRICE CONTROL PRICE INCREASES PRICE LEVELS PRICE SUBSIDIES PRICING POLICIES PRIVATE SECTOR PUBLIC RELATIONS PUBLIC TRANSPORT PUBLIC TRANSPORT VEHICLES PUBLICITY PURCHASING REFINED PRODUCTS REFINING RETAIL RETAIL PRICE TAX TAX RATE TAXATION TRANSPORT COSTS WORLD OIL PRICES Many developing countries subsidize petroleum products. The doubling of world oil prices since January 2004 has had very high fiscal costs for these countries, increasing public debt and squeezing other government spending. The subsidies have also had unintended results. But phasing out subsidies is politically challenging. This paper reviews some successful strategies for removing or reducing subsidies while protecting the poorest consumers. 2012-08-13T14:22:01Z 2012-08-13T14:22:01Z 2006-08 http://documents.worldbank.org/curated/en/2006/08/7039589/phasing-out-subsidies-recent-experiences-fuel-developing-countries http://hdl.handle.net/10986/11178 English Viewpoint: Public Policy for the Private Sector; Note No. 310 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Viewpoint Publications & Research |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
ADVERSE CONSEQUENCE ADVERSE CONSEQUENCES AGRICULTURE APPROACH AUTOMOTIVE DIESEL CONSUMERS CONTROLLED PRICES DIESEL DOWNSTREAM OIL ELECTRICITY ELECTRICITY GENERATION FAIR FINANCIAL INCENTIVES FUEL FUEL PRICE FUEL PRICE INCREASE FUEL PRICES FUEL SUBSIDIES FUELS GASOLINE INCOME GROUPS INEFFICIENCY INTERNATIONAL MARKET INTERNATIONAL OIL PRICES KEROSENE KILOWATT-HOURS LIQUEFIED PETROLEUM GAS MARKET PRICES NATIONAL OIL NET OIL OIL OIL COMPANY OIL EXPORTERS OIL IMPORTERS OIL PRICES OIL SECTOR PETROLEUM PETROLEUM GAS PETROLEUM PRODUCTS PETROLEUM SECTOR PRICE CEILINGS PRICE CONTROL PRICE INCREASES PRICE LEVELS PRICE SUBSIDIES PRICING POLICIES PRIVATE SECTOR PUBLIC RELATIONS PUBLIC TRANSPORT PUBLIC TRANSPORT VEHICLES PUBLICITY PURCHASING REFINED PRODUCTS REFINING RETAIL RETAIL PRICE TAX TAX RATE TAXATION TRANSPORT COSTS WORLD OIL PRICES |
| spellingShingle |
ADVERSE CONSEQUENCE ADVERSE CONSEQUENCES AGRICULTURE APPROACH AUTOMOTIVE DIESEL CONSUMERS CONTROLLED PRICES DIESEL DOWNSTREAM OIL ELECTRICITY ELECTRICITY GENERATION FAIR FINANCIAL INCENTIVES FUEL FUEL PRICE FUEL PRICE INCREASE FUEL PRICES FUEL SUBSIDIES FUELS GASOLINE INCOME GROUPS INEFFICIENCY INTERNATIONAL MARKET INTERNATIONAL OIL PRICES KEROSENE KILOWATT-HOURS LIQUEFIED PETROLEUM GAS MARKET PRICES NATIONAL OIL NET OIL OIL OIL COMPANY OIL EXPORTERS OIL IMPORTERS OIL PRICES OIL SECTOR PETROLEUM PETROLEUM GAS PETROLEUM PRODUCTS PETROLEUM SECTOR PRICE CEILINGS PRICE CONTROL PRICE INCREASES PRICE LEVELS PRICE SUBSIDIES PRICING POLICIES PRIVATE SECTOR PUBLIC RELATIONS PUBLIC TRANSPORT PUBLIC TRANSPORT VEHICLES PUBLICITY PURCHASING REFINED PRODUCTS REFINING RETAIL RETAIL PRICE TAX TAX RATE TAXATION TRANSPORT COSTS WORLD OIL PRICES Bacon, Robert Kojima, Masami Phasing Out Subsidies : Recent Experiences with Fuel in Developing Countries |
| relation |
Viewpoint: Public Policy for the Private Sector; Note No. 310 |
| description |
Many developing countries subsidize
petroleum products. The doubling of world oil prices since
January 2004 has had very high fiscal costs for these
countries, increasing public debt and squeezing other
government spending. The subsidies have also had unintended
results. But phasing out subsidies is politically
challenging. This paper reviews some successful strategies
for removing or reducing subsidies while protecting the
poorest consumers. |
| format |
Publications & Research :: Viewpoint |
| author |
Bacon, Robert Kojima, Masami |
| author_facet |
Bacon, Robert Kojima, Masami |
| author_sort |
Bacon, Robert |
| title |
Phasing Out Subsidies : Recent Experiences with Fuel in Developing Countries |
| title_short |
Phasing Out Subsidies : Recent Experiences with Fuel in Developing Countries |
| title_full |
Phasing Out Subsidies : Recent Experiences with Fuel in Developing Countries |
| title_fullStr |
Phasing Out Subsidies : Recent Experiences with Fuel in Developing Countries |
| title_full_unstemmed |
Phasing Out Subsidies : Recent Experiences with Fuel in Developing Countries |
| title_sort |
phasing out subsidies : recent experiences with fuel in developing countries |
| publisher |
World Bank, Washington, DC |
| publishDate |
2012 |
| url |
http://documents.worldbank.org/curated/en/2006/08/7039589/phasing-out-subsidies-recent-experiences-fuel-developing-countries http://hdl.handle.net/10986/11178 |
| _version_ |
1764415804031369216 |