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

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Author:
Mr. Juan P Cordoba
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Mr. Robert Gillingham
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Mr. Sanjeev Gupta
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Mr. Ali M. Mansoor
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Mr. Christian Schiller
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Marijn Verhoeven https://isni.org/isni/0000000404811396 International Monetary Fund

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Series:
Manuals & Guides
Publisher:
International Monetary Fund
Language:
English
Publication Date:
06 Dec 2000
DOI:
https://doi.org/10.5089/9781557759733.069
ISBN:
9781557759733
ISSN:
2663-3744
Pages:
35
Keywords:
M&G; price-subsidy reform; price; subsidy; price subsidy; compensation scheme; price-subsidy policy; price change; reform measure; household income; Income; Inflation; Government subsidies; Social assistance spending; Household consumption; Middle East; Africa; East Asia; North Africa; Asia and Pacific; Western Hemisphere; Central Asia; Europe; Global; budgetary saving; Housing; Currencies
Legal-disclaimer:
The views expressed in this book belong solely to the authors. Nothing contained in this book should be reported as representing the views of the organizations, member governments, or any other entity mentioned herein.
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