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Analysis of household expenditure surveys since 2008 in 22 Sub-Saharan African countries shows that one-third of all people use electricity. As expected, users are disproportionately urban and rich. In communities with access to electricity, lack of affordability is the greatest barrier to...
Persistent link: https://www.econbiz.de/10012570900
This paper studies the financial viability of electricity sectors in 39 countries in Sub-Saharan Africa using an approach similar to that in an earlier study, the Africa Infrastructure Country Diagnostic. The quasi-fiscal deficit in each country is calculated under two scenarios: existing...
Persistent link: https://www.econbiz.de/10012570924
The steep decline in the world oil price in the last quarter of 2014 slashed fuel price subsidies. Several governments responded by announcing that they would remove subsidies for one or more fuels and move to market-based pricing with full cost recovery. Other governments took advantage of low...
Persistent link: https://www.econbiz.de/10012571377
Between 1999 and 2008, world oil prices more than quadrupled in real terms. For oil importers, vulnerability to oil price increases, defined as the share of gross domestic product spent on net oil imports, rose considerably. Considering medians, low-income countries had the highest vulnerability...
Persistent link: https://www.econbiz.de/10012557110
Unable to cope fully with steadily climbing world oil prices since mid-2009, many of the 65 countries reviewed in this paper have progressed slowly or even reversed course in reforming pricing of petroleum products. End-user prices in July 2012 varied by two orders of magnitude across the...
Persistent link: https://www.econbiz.de/10012558132
Numbers ranging from half a trillion to two trillion dollars have been cited in recent years for global subsidies for fossil fuels. How are these figures calculated and why are they so different? The most commonly used methods for measuring subsidies are the price-gap approach -- quantifying the...
Persistent link: https://www.econbiz.de/10012564371