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Domestic Petroleum Product Prices and Subsidies : Recent Developments and Reform Strategies / David Coady, Taimur Baig, Joseph Ntamatungiro, Amine Mati.
- Format:
- Book
- Government document
- Author/Creator:
- Coady, David.
- Series:
- IMF Working Papers; Working Paper ; No. 2007/071
- IMF Working Papers
- Language:
- English
- Subjects (All):
- Petroleum products--Prices--Developing countries.
- Petroleum products.
- Subsidies--Developing countries.
- Subsidies.
- Physical Description:
- 1 online resource (26 p.)
- Place of Publication:
- Washington, D.C. : International Monetary Fund, 2007.
- Language Note:
- English
- Summary:
- 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.
- 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
- 1. Country Experience in Setting Regulated Prices2. Mitigating Measures-Country Experience; C. Building the Political Support; IV. Conclusion; References; Attachments; 1. Key Data; II. Domestic Petroleum Pricing Practices
- Notes:
- "March 2007."
- At head of title: Fiscal Affairs Department.
- Includes bibliographical references (p. 21).
- Description based on print version record.
- ISBN:
- 9786613821744
- 9781462327584
- 1462327583
- 9781452709765
- 1452709769
- 9781282474215
- 1282474219
- 9781451910889
- 1451910886
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