Energy Subsidy Reform: Lessons and Implications

Books, September 13, 2013

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Energy Subsidy Reform: Lessons and Implications

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Bibliographic details

• Authors: Benedict J. Clements, David Coady, Stefania Fabrizio, Sanjeev Gupta, Trevor Serge Coleridge Alleyne, Carlo A Sdralevich
• Published: September 13, 2013
• Series: Books
• DOI: https://doi.org/10.5089/9781475558111.071

Overview and key findings

• Energy subsidies are aimed at protecting consumers, however, subsidies aggravate fiscal imbalances, crowd out priority public spending, and depress private investment, including in the energy sector.
• The book provides the most comprehensive estimates of energy subsidies currently available for 176 countries.
• The analysis draws on insights from 22 country case studies undertaken by the IMF staff and analyses carried out by other institutions.

Analytical scope and data coverage

• Coverage: 176 countries.
• Case studies: 22 country case studies.
• Pages: 194.
• DOI: https://doi.org/10.5089/9781475558111.071
• ISBN: 9781475558111
• Publication date: September 13, 2013.
• Preview citation metadata (as presented): Benedict J. Clements, David Coady, Stefania Fabrizio, Sanjeev Gupta, Trevor Serge Coleridge Alleyne, and Carlo A Sdralevich. Energy Subsidy Reform: Lessons and Implications, (USA: International Monetary Fund, 2013) accessed 9/8/2026, https://doi.org/10.5089/9781475558111.071

Thematic focus and policy implications

• Core assessment: Energy subsidies protect consumers but have adverse macroeconomic and sectoral effects, including:
  • Aggravating fiscal imbalances.
  • Crowding out priority public spending.
  • Depressing private investment, including in the energy sector.
• Reform emphasis: The book provides an analysis of “how to do” energy subsidy reform, drawing on country experience and cross-country analysis.
• Relevant subjects and policy areas (as listed):
  • Energy pricing
  • Energy subsidies
  • Expenditure
  • Fuel prices
  • Inflation
  • Prices
  • Tariffs
  • Taxes

Geographic and topical keywords

• Geographic: Africa, Caribbean, Global, Middle East, Sub-Saharan Africa.
• Topical keywords: BOOK, cost-recovery price, Energy pricing, Energy subsidies, enterprise, Fuel prices, government, Inflation, price, producer subsidy, subsidy, subsidy reform, supply cost, Tariffs, transfer program.

Source: Energy Subsidy Reform: Lessons and Implications — https://www.imf.org/en/publications/books/issues/2016/12/31/energy-subsidy-reform-lessons-and-implications-40410