Author
Sdralevich, Carlo A., Gupta, Sanjeev., Fabrizio, Stefania., Coady, David., Clements, Benedict J., Alleyne, Trevor Serge Coleridge.
Publication Date
2013
Publication Place
-
International Monetary Fund
Subject
Electric utilities -- Government policy., Electric utilities -- Law and legislation., Electric utilities -- Management., Energy policy -- Case studies.
Type
kitap
Language
Turkish
Digital
Yes
Manuscript
No
Pages Count
194
Physical Dimensions
1 online resource (194 pages)
Library
University College Dublin Library
Library Asset ID
10.5089/9781484346969.071
Record ID
b3075897
Library Location
In collection: Ebook Central Academic Complete UKI Edition
Date
2013
Sample Text
Energy subsidies have wide-ranging economic consequences. Although they are aimed at protecting consumers, subsidies aggravate fiscal imbalances, crowd out priority public spending, and depress private investment, including in the energy sector. Subsidies also distort resource allocation by encouraging excessive energy consumption, artificially promoting capital-intensive industries, reducing incentives for investment in renewable energy, and accelerating the depletion of natural resources. Most subsidy benefits are captured by higher-income households, reinforcing inequality. Even future gene.