Phasing Out Subsidies : Recent Experiences with Fuel in Developing Countries

Many developing countries subsidize petroleum products. The doubling of world oil prices since January 2004 has had very high fiscal costs for these countries, increasing public debt and squeezing other government spending. The subsidies have also...

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Bibliographic Details
Main Authors: Bacon, Robert, Kojima, Masami
Format: Viewpoint
Language:English
Published: World Bank, Washington, DC 2012
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2006/08/7039589/phasing-out-subsidies-recent-experiences-fuel-developing-countries
http://hdl.handle.net/10986/11178