Energy subsidies in developing countries: Treating the disease while symptoms abate

Energy subsidies in developing countries: Treating the disease while symptoms abate / David Coady & Baoping Shang, Vox, 13/01/2015

http://www.voxeu.org/article/energy-subsidies-developing-countries

The adverse effects of energy subsidies have been widely documented. While recent decreases in international oil prices have provided a welcome respite, past experience has highlighted the need for caution. This column argues that to make this respite a permanent gain will require the removal of government discretion in determining domestic energy prices. Adoption of an automatic energy pricing mechanism, possibly with in-built short-term price smoothing, can help prevent the return of subsidies and prepare the way for eventual price deregulation…



Citer ce billet
Danièle Revel (2015, 14 janvier). Energy subsidies in developing countries: Treating the disease while symptoms abate. Veille énergie climat. Consulté le 14 juin 2024, à l’adresse https://doi.org/10.58079/objb

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