Training Program

Energy Subsidy Reform (ESRx)
Deadline passed
Session No.: OL 19.112
Location: Course conducted online
Date: January 15, 2019 - April 30, 2019 (15 weeks)
Primary Language: English
Target Audience
Qualifications
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.
Course Objectives
- 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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