distribution. The paper overviews country experience with subsidy reform, drawing lessons …

countries’ own interests. The potential fiscal, environmental and welfare impacts of energy subsidy reform are substantial …

Rising fuel subsidies have contributed to fiscal pressures in India. A key policy concern regarding subsidy reform is … implications of fuel subsidy reform in India. Fuel subsidies are found to be badly targeted, with the richest ten percent of … households receiving seven times more in benefits than the poorest ten percent. Although subsidy reform would generate …

consumption to changes in energy prices and the implications of our findings for the debate on energy subsidy reform. Our findings … significant long-term benefits from the reform of energy subsidies. Our findings also indicate that short-term gains from subsidy … reform are likely to be much smaller, which suggests the need for either a gradual approach to subsidy reform or for more …

source—each program’s subsidy component. Recent credit reform proposals would make control of credit subsidies the primary … in improving their economic effects by eliminating unintended subsidies. However, many high subsidy-rate programs appear …