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来源类型 | Papers |
规范类型 | 报告 |
Energy Subsidies in the Arab World | |
Bassam Fattouh; Laura El-Katiri | |
发表日期 | 2012-02-21 |
出版年 | 2012 |
页码 | 14 |
语种 | 英语 |
概述 | This paper, authored by Bassam Fattouh and Laura El-Katiri and published by the United Nations Development Programme, explores the issue of energy subsidies in the Arab World. The authors argue that while energy subsidies may be seen as achieving social objectives (such as expanding energy access and protecting poor households’ incomes); economic objectives (such as […] |
摘要 | This paper, authored by Bassam Fattouh and Laura El-Katiri and published by the United Nations Development Programme, explores the issue of energy subsidies in the Arab World. The authors argue that while energy subsidies may be seen as achieving social objectives (such as expanding energy access and protecting poor households’ incomes); economic objectives (such as fostering industrial growth and smoothing domestic consumption); and political objectives (such as distributing the oil and natural gas rents to the population), they are a costly and inefficient way of doing so. Energy subsidies distort price signals, with serious implications on efficiency and the optimal allocation of resources. Energy subsidies also tend to be regressive, with high-income households and industries benefiting proportionately most from low energy prices. However, despite such adverse effects, energy subsidies constitute an important social safety net for the poor in many parts of the Arab world, and any attempts to reduce or eliminate them in the absence of compensatory programmes would lead to a decline in households’ welfare and erode the competitiveness of certain industries. Therefore, a critical factor for successful reforms will be the ability of governments to compensate their populations for the reduction or removal of subsidies through carefully designed mitigation measures. It is argued that reform of energy pricing mechanisms in the Arab world may be seen as beneficial from more than one perspective. Nevertheless, this paper recognises that the current political climate in the region will render the reform of domestic energy prices difficult in practice, such that reform may indeed be a medium- to long-term endeavour. Please follow the link to access the paper. |
主题 | Country and Regional Studies ; Energy Policy ; Oil ; Oil & Middle East Programme |
关键词 | Energy pricing reform Energy subsidies Mitigation measures The Arab world |
URL | https://www.oxfordenergy.org/publications/energy-subsidies-in-the-arab-world-2/ |
来源智库 | Oxford Institute for Energy Studies (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/312203 |
推荐引用方式 GB/T 7714 | Bassam Fattouh,Laura El-Katiri. Energy Subsidies in the Arab World. 2012. |
条目包含的文件 | 条目无相关文件。 |
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