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Domestic Petroleum Product Prices and Subsidies :, Recent Developments and Reform Strategies, David Coady, Taimur Baig, Joseph Ntamatungiro, Amine Mati

Abstract
The paper reviews recent developments in the pass-through of international to domestic petroleum product prices, in the different fuel pricing regimes, and in fuel subsidies in a range of emerging market and developing economies. The main finding of the paper is the limited price pass-through in many countries and the consequent increase in fuel subsidies. The paper proposes that key elements of a successful strategy to contain subsidies should comprise: making subsidies explicit; making pricing mechanisms more robust; combining reductions in subsidies with measures to protect the poorest; using the resulting savings well, and transparency and consultation
Table Of Contents
Contents; I. Introduction; II. Issues in Domestic Fuel Pricing; Tables; 1. Change in International Fuel Prices; A. The Pass-Through of International Prices; 2. The Average Price Pass-Through 2003-06; Figures; 1. Oil Price Pass-Through for Domestic Fuels; 2. Pre-Tax Oil Price Pass-Through; B. Setting Prices; 3. Gasoline Pricing Mechanisms, Prices and Price Pass-Through; 3. Gasoline Prices, 2003 and 2006; C. Domestic Petroleum Product Subsidies; 4. Fuel Subsidies; III. Reducing Petroleum Product Subsidies; A. Setting Prices; B. Protecting the Poor; Boxes
Language
eng
Literary Form
non fiction
Note
Description based upon print version of record
Physical Description
1 online resource (26 p.)
Specific Material Designation
remote
Form Of Item
online
Isbn
9781452709765

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