Books > Business & Economics > Industry & industrial studies > Energy industries & utilities > Electrical power industries
|
Buy Now
Fiscal and welfare impacts of electricity subsidies in central America - moving from theory to practice in low- and middle-income countries (Paperback)
Loot Price: R1,100
Discovery Miles 11 000
|
|
Fiscal and welfare impacts of electricity subsidies in central America - moving from theory to practice in low- and middle-income countries (Paperback)
Series: Directions in development
Expected to ship within 10 - 15 working days
|
Central American countries spend approximately one percent of their
aggregate gross domestic product subsidizing residential
electricity consumption. This amount is comparable with what these
countries spend on education and social assistance. The pressure
that electricity subsidies exert on government budgets is
particularly high when international energy prices rise.
Electricity subsidies also provide perverse incentives for the
overconsumption of electricity as households do not pay the true
cost of their consumption, which in turn reduces incentives to
increase energy efficiency. This book answers key questions
regarding residential electricity subsidies in Central America. In
particular: How do the subsidy mechanisms function in each country?
What are their fiscal costs? Are these subsidies good value for the
money? How efficient are subsidies in reaching households in need,
and what drives this efficiency? What are the reform options? The
main message of this book is that there is considerable scope for
improving the efficiency of electricity subsidies in Central
America by better targeting them to low-income households. The book
shows that electricity subsidies help reduce the burden of
electricity costs on the lowest-income groups. However, the
existing electricity subsidy schemes are very inefficient at
targeting resources to low-income households, with the majority of
government spending going to higher-income households. Indeed, most
countries in the region have the opportunity to significantly
reduce the fiscal costs of electricity subsidies without imposing
significant costs on households, particularly poor households.
Given the limited fiscal space in the region and the major needs of
the countries in terms of social services and physical
infrastructure, this study seeks to provide Central American
policymakers with the analytical foundations necessary to assess
the costs and benefits of their electricity subsidy mechanisms, and
design effective reform strategies that reflect their unique
circumstances and policy priorities.
General
Is the information for this product incomplete, wrong or inappropriate?
Let us know about it.
Does this product have an incorrect or missing image?
Send us a new image.
Is this product missing categories?
Add more categories.
Review This Product
No reviews yet - be the first to create one!
|
|
Email address subscribed successfully.
A activation email has been sent to you.
Please click the link in that email to activate your subscription.