Energy Subsidy Reform : Lessons and Implications.
Energy subsidies have wide-ranging economic consequences. While 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 excessiv...
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| Format: | Journal |
| Language: | English |
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Washington, D.C. :
International Monetary Fund,
2013.
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| Series: | Policy Papers; Policy Paper ;
No. 2013/004 |
| Online Access: | Full text available on IMF |