Subsidy Reform in the Middle East and North Africa : Recent Progress and Challenges Ahead

Author/Editor: Carlo A. Sdralevich ; Randa Sab ; Younes Zouhar ; Giorgia Albertin
Publication Date: July 09, 2014
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Summary: 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.
Series: Middle East and Central Asia Departmental Paper 14/3
Subject(s): Cross country analysis | Middle East | North Africa | Fiscal reforms | Fiscal policy | Social safety nets | Political economy | Subsidies

Notes Short summary is also available in Arabic, in French, and Russian.
Publication Date: July 09, 2014
ISBN/ISSN: 9781498350433 Format: Paper
Stock No: SRMENAEA Pages: 130
US$25.00 (Academic Rate:
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