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Subsidy Reform in the Middle East and North Africa : Recent Progress and Challenges Ahead / Sdralevich, Carlo A.

By: Contributor(s): Material type: TextTextSeries: Departmental Papers / Policy Papers ; Middle East and Central Asia Departmental Paper 14/3.Publication details: Washington, D.C. : International Monetary Fund, 2014.Description: 1 online resource (130 pages)Content type:
  • text
Media type:
  • computer
Carrier type:
  • online resource
ISBN:
  • 9781498318952
  • 1498318959
Subject(s): Genre/Form: DDC classification:
  • 338.956 23
LOC classification:
  • HG3881.5.I58
Online resources: Abstract: In the Middle East and North Africa (MENA) countries price subsidies are common, especially on food and fuels. However, these are neither well targeted nor cost effective as a social protection tool, often benefiting mainly the better off instead of the poor and vulnerable. This paper explores the challenges of replacing generalized price subsidies with more equitable social safety net instruments, including the short-term inflationary effects, and describes the features of successful subsidy reforms.
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In the Middle East and North Africa (MENA) countries price subsidies are common, especially on food and fuels. However, these are neither well targeted nor cost effective as a social protection tool, often benefiting mainly the better off instead of the poor and vulnerable. This paper explores the challenges of replacing generalized price subsidies with more equitable social safety net instruments, including the short-term inflationary effects, and describes the features of successful subsidy reforms.

Print version record.

Added to collection customer.56279.3 - Master record variable field(s) change: 072, 082, 650

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