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...
Main Authors: | , |
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Format: | Viewpoint |
Language: | English |
Published: |
World Bank, Washington, DC
2012
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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 |