Energy Subsidies in Latin America and the Caribbean Stocktaking and Policy Challenges
| Author/creator | Bella, Gabriel Di Author |
| Format | Electronic |
| Publication Info | Washington : International Monetary Fund |
| Description | 79 p. 11.000 x 08.500 in. |
| Supplemental Content | Full text available from Ebook Central - Academic Complete |
| Other author/creator | Norton, Lawrence Author |
| Other author/creator | Ogawa, Sumiko Author |
| Other author/creator | Ntamatungiro, Joseph Author |
| Other author/creator | SamakeĢ, Issouf Author |
| Other author/creator | Santoro, Marika Author |
| Series | IMF Working Papers Working Paper No. 15/30 |
| Summary | Annotation The oil price decline creates an opportunity to dismantle energy subsidies, which escalated with high oil prices. This paper assesses energy subsidies in Latin America and the Caribbeanabout 1.8 percent of GDP in 201113 (approximately evenly split between fuel and electricity), and about 3.8 percent of GDP including negative externalities. Countries with poorer institutions subsidize more. Energy-rich countries subsidize fuel more, but low-income countries are more likely to subsidize electricity, as are Central America and the Caribbean. Energy subsidies impose fiscal costs, hurting SOEs, competitiveness, and distribution. The paper overviews country experience with subsidy reform, drawing lessons. |
| Access restriction | Available only to authorized users. |
| Technical details | Mode of access: World Wide Web |
| Genre/form | Electronic books. |
| ISBN | 9781498338905 |
| ISBN | 1498338909 (E-Book) Active Record |
| Standard identifier# | 9781498338905 |
| Stock number | 42708 00013468 |
Availability
| Library | Location | Call Number | Status | Item Actions |
|---|---|---|---|---|
| Electronic Resources | Access Content Online | ✔ Available |