Energy Subsidies in Latin America and the Caribbean is popular PDF and ePub book, written by Mr.Gabriel Di Bella in 2015-02-12, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Energy Subsidies in Latin America and the Caribbean can be Read Online from any device for your convenience.
Energy Subsidies in Latin America and the Caribbean Book PDF Summary
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 Caribbean—about 1.8 percent of GDP in 2011–13 (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.
Detail Book of Energy Subsidies in Latin America and the Caribbean PDF
- Author : Mr.Gabriel Di Bella
- Release : 12 February 2015
- Publisher : International Monetary Fund
- ISBN : 9781484365366
- Genre : Business & Economics
- Total Page : 79 pages
- Language : English
- PDF File Size : 7,5 Mb
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