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Energy Subsidy Reform

Energy Subsidy Reform (ESRx)

Deadline passed

Session No.: OL 19.112

Location: Course conducted online

Date: January 15, 2019 - April 30, 2019 (1 week)

Primary Language: English

    Target Audience

    All government officials are welcome to register. Officials in finance, economy, and planning ministries who provide advice on macroeconomic policies or implement policy will find the course particularly beneficial. The course is offered in English and Arabic.
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    Qualifications

    Some knowledge of economics would be helpful. Basic Excel skills and access to a computer with a reliable Internet connection and a Google Chrome web browser are essential.
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    Course Description

    This online course, presented by the IMF Institute for Capacity Development and the IMF Fiscal Affairs, Middle East and Central Asia, and Asia and Pacific Departments, builds on extensive cross-country analysis and hands-on experience in design of technical assistance and subsidy reform to make recommendations on how best to reduce energy subsidies.
    The course introduces the concept of energy subsidies—their definition and measurement—and reviews their economic, social, and environmental implications. It also presents toolkits to assess the distributional effects of alternative subsidy reform scenarios and to design a fuel pricing mechanism. Finally, the course reviews what works best in energy subsidy reform and illustrates successes and failures in terms of particular countries.

     

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    Course Objectives

    Upon completion of this course, participants should be able to:

    • Explain the concept of energy subsidies and estimate pre- and post-tax subsidies.
    • Define corrective energy taxes and explain how to calculate them.
    • Discuss the economic, social, and environmental impact of energy subsidies.
    • Explain how to design robust subsidy reform strategies.
    • Discuss policy responses to mitigate the effects of subsidy reform on inflation and on household welfare.
    • Use an Excel-based toolkit to assess the effects of alternative energy subsidy reform scenarios on households in different income groups.
    • Design effective fuel pricing mechanisms to mitigate fuel price volatility.
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    Important Note for Online Courses

    For Online Learning (OL) courses, which are delivered through the edX platform, you will need an additional piece of information to register: you will be prompted for your edX.org username. If you do not already have a username, please go to https://courses.edx.org/register and sign up for a free account. Once you have created an account, you may complete the IMF Institute application. If you already have an edX account, your username can be found on the top right of the screen after logging in.

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