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Reforming Government Subsidies in the New Member States of the European Union
Author:
Mr. Alex Segura-Ubiergo
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Miss Taline Koranchelian
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Mr. Carlos Mulas-Granados null

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Series:
IMF Working Papers
Volume/Issue:
Volume 2008: Issue 165
Language:
English
Publication Date:
01 Jul 2008
DOI:
https://doi.org/10.5089/9781451870237.001
ISBN:
9781451870237
ISSN:
1018-5941
Pages:
39
Keywords:
WP; subsidy reform; government; subsidy; country; company
Legal-disclaimer:
IMF Working Papers describe research in progress by the author(s) and are published to elicit comments and to encourage debate. The views expressed in IMF Working Papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.
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Subsidy reform has been a key component of the pre-accession reform agenda of the 10 new member states that joined the EU in 2004 (EU-10). During the pre-accession period, these countries had to undertake a number of important structural reforms in their economies. One of the most critical reforms was to reduce, and in some cases, eliminate their subsidy programs. This paper analyzes how key subsidy reforms (in state aid to enterprises, agriculture, energy, and transportation) were carried out in the EU-10 during 1995–2005, and explains observed variations across types of subsidies and across countries. Based on an extensive qualitative analysis, the paper draws lessons for future successful reforms of government subsidies. 32B
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Cover IMF Working Papers
IMF Working Papers
ISSN:
1018-5941
Publisher:
International Monetary Fund