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: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2014
Series:Departmental Papers
Subjects:
Oil
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
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245 0 0 |a Subsidy Reform in the Middle East and North Africa  |b Recent Progress and Challenges Ahead  |c Carlo Sdralevich, Randa Sab, Younes Zouhar, Giorgia Albertin 
260 |a Washington, D.C.  |b International Monetary Fund  |c 2014 
300 |a 130 pages 
651 4 |a Jordan 
653 |a Inflation 
653 |a Energy: Demand and Supply 
653 |a Oil prices 
653 |a Social assistance spending 
653 |a Public finance & taxation 
653 |a Oil 
653 |a Investments: Energy 
653 |a Deflation 
653 |a Energy subsidies 
653 |a Fuel prices 
653 |a Gas industry 
653 |a Petroleum industry and trade 
653 |a Expenditure 
653 |a National Government Expenditures and Welfare Programs 
653 |a Price Level 
653 |a Commodities 
653 |a Energy: General 
653 |a Expenditures, Public 
653 |a Prices 
653 |a Macroeconomics 
653 |a Investment & securities 
653 |a Public Finance 
653 |a Energy industries & utilities 
700 1 |a Albertin, Giorgia 
700 1 |a Sab, Randa 
700 1 |a Zouhar, Younes 
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520 |a 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