Implementing energy subsidy reforms: an overview of the key issues

● By Maria Vagliasindi, The World Bank, Sustainable Energy Department, Energy Unit ● Poorly implemented energy subsidies are economically costly to taxpayers and damage the environment. A recent report of the World Bank describes the emerging lessons that could help policy makers to address implementation challenges, including overcoming political economy and affordability constraints. The analysis provides strong evidence of the success of reforms in reducing the associated fiscal burden. For the selected sample of 20 developing countries, the average energy subsidy recorded in the budget was reduced from 1.8 percent in 2004 to 1.3 percent of gross domestic product in 2010. The reduction of subsidies is particularly remarkable for net energy importers ...Zum vollständigen Artikel

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