01863cas a2200277 a 4500 AALejournalIMF022024 230101c9999 xx r poo 0 0eng d 5.00 USD 9781513532196 1018-5941 BD-DhAAL BD-DhAAL Coady, David. How Large Are Global Energy Subsidies? / David Coady, Ian Parry, Louis Sears, Baoping Shang. Washington, D.C. : International Monetary Fund, 2015. 1 online resource (42 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper provides a comprehensive, updated picture of energy subsidies at the global and regional levels. It focuses on the broad notion of post-tax energy subsidies, which arise when consumer prices are below supply costs plus a tax to reflect environmental damage and an additional tax applied to all consumption goods to raise government revenues. Post-tax energy subsidies are dramatically higher than previously estimated, and are projected to remain high. These subsidies primarily reflect under-pricing from a domestic (rather than global) perspective, so even unilateral price reform is in countries' own interests. The potential fiscal, environmental and welfare impacts of energy subsidy reform are substantial. Mode of access: Internet Parry, Ian. Sears, Louis. Shang, Baoping. IMF Working Papers; Working Paper ; No. 2015/105 Full text available on IMF http://elibrary.imf.org/view/journals/001/2015/105/001.2015.issue-105-en.xml IMF e-Library