| 来源类型 | Energy Comments |
| 规范类型 | 评论 |
| Striking the Right Balance? GCC Energy Reforms in a Low Price Environment | |
| Bassam Fattouh; Anupama Sen; Tom Moerenhout | |
| 发表日期 | 2016-04-29 |
| 出版年 | 2016 |
| 页码 | 5 |
| 语种 | 英语 |
| 概述 | In 2015, the Gulf Cooperation Council (GCC) countries began implementing and accelerating pricing reforms targeting the removal of energy subsidies. While the price increases were from a low base and domestic energy prices are still well below international levels and among the cheapest in the Middle East and North Africa (MENA) region, the recent increases […] |
| 摘要 | In 2015, the Gulf Cooperation Council (GCC) countries began implementing and accelerating pricing reforms targeting the removal of energy subsidies. While the price increases were from a low base and domestic energy prices are still well below international levels and among the cheapest in the Middle East and North Africa (MENA) region, the recent increases represent a fundamental shift in the GCC’s economic and social policies. In this Comment we analyse the fiscal pressures which led to the acceleration of pricing reforms, which we argue were building even during the period of record high oil prices preceding it; we review recent energy pricing reforms in GCC countries; and we analyse the implications of these reforms for the social contract between GCC governments and their citizens. We conclude that recent energy pricing reforms have been driven primarily by short-term revenue needs, and, while the implicit social contract is not as rigid as originally perceived, it may not prove sufficiently elastic to accommodate further price increases. Deeper reforms will therefore not be viable unless governments introduce mitigation measures and implement effective communication strategies which emphasize the importance of energy pricing reform for national transformation. |
| 主题 | Country and Regional Studies ; Energy Policy ; Oil ; Oil & Middle East Programme |
| 关键词 | GCC Oil political economy Price Reform Subsidies |
| URL | https://www.oxfordenergy.org/publications/striking-right-balance-gcc-energy-reforms-low-price-environment/ |
| 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/312404 |
| 推荐引用方式 GB/T 7714 | Bassam Fattouh,Anupama Sen,Tom Moerenhout. Striking the Right Balance? GCC Energy Reforms in a Low Price Environment. 2016. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| Striking-the-Right-B（1825KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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