Subsidy Reform in the Middle East and North Africa

Recent Progress and Challenges Ahead

Nonfiction, Science & Nature, Technology, Power Resources, Business & Finance, Economics, Macroeconomics
Cover of the book Subsidy Reform in the Middle East and North Africa by Carlo A. Sdralevich, Randa Sab, Younes Zouhar, Giorgia Albertin, INTERNATIONAL MONETARY FUND
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Author: Carlo A. Sdralevich, Randa Sab, Younes Zouhar, Giorgia Albertin ISBN: 9781498348461
Publisher: INTERNATIONAL MONETARY FUND Publication: July 9, 2014
Imprint: Language: English
Author: Carlo A. Sdralevich, Randa Sab, Younes Zouhar, Giorgia Albertin
ISBN: 9781498348461
Publisher: INTERNATIONAL MONETARY FUND
Publication: July 9, 2014
Imprint:
Language: English
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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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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