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

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 c...

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Bibliographic Details
Main Author: Sdralevich, Carlo
Other Authors: Albertin, Giorgia, Sab, Randa, Zouhar, Younes
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2014.
Series:Departmental Papers; Departmental Paper ; No. 2014/008
Online Access:Full text available on IMF
Description
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.
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Physical Description:1 online resource (130 pages)
Format:Mode of access: Internet
ISSN:2616-5333
Access:Electronic access restricted to authorized BRAC University faculty, staff and students