Equity and Efficiency in the Reform of Price Subsidies
A Guide for Policymakers

Abstract

This text provides guidance to policymakers on how to design and implement sound price-subsidy reforms. It draws on the experience of price-subsidy reform in 28 countries. The authors discuss economic and political considerations and make several recommendations concerning the speed of reform and social protection mechanisms. They discuss how the social impact of reform can be limited by establishing cost-effective and well-targeted temporary social protection mechanisms, and how governments can reduce the risk of political disruption by distributing the initial burden of reform fairly and by clearly explaining the costs and benefits to the public.

Author:
Mr. Juan P Cordoba
Search for other papers by Mr. Juan P Cordoba in
Current site
Google Scholar
PubMed
Close
,
Mr. Robert Gillingham
Search for other papers by Mr. Robert Gillingham in
Current site
Google Scholar
PubMed
Close
,
Mr. Sanjeev Gupta
Search for other papers by Mr. Sanjeev Gupta in
Current site
Google Scholar
PubMed
Close
,
Mr. Ali M. Mansoor
Search for other papers by Mr. Ali M. Mansoor in
Current site
Google Scholar
PubMed
Close
,
Mr. Christian Schiller
Search for other papers by Mr. Christian Schiller in
Current site
Google Scholar
PubMed
Close
, and
Marijn Verhoeven https://isni.org/isni/0000000404811396 International Monetary Fund

Search for other papers by Marijn Verhoeven in
Current site
Google Scholar
PubMed
Close
  • Collapse
  • Expand