LEADER 01926nam 2200445 450 001 9910458350403321 005 20201110145615.0 010 $a1-4843-4696-3 035 $a(CKB)2550000001312891 035 $a(EBL)1701824 035 $a(MiAaPQ)EBC1701824 035 $a(Au-PeEL)EBL1701824 035 $a(CaONFJC)MIL616092 035 $a(OCoLC)881416260 035 $a(EXLCZ)992550000001312891 100 $a20201110d2013 uy 0 101 0 $aara 135 $aur|n|---||||| 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 10$aEnergy subsidy reform $elessons and implications /$fenedict J. Clements 210 1$aWashington, District of Columbia :$cInternational Monetary Fund,$d2013. 215 $a1 online resource (195 p.) 300 $aDescription based upon print version of record. 311 $a1-4843-8992-1 311 $a1-306-84841-5 330 $aEnergy 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 606 $aElectric utilities$xGovernment policy 608 $aElectronic books. 615 0$aElectric utilities$xGovernment policy. 676 $a338.436626 700 $aClements$b Benedict J.$0122914 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910458350403321 996 $aEnergy subsidy reform$91909182 997 $aUNINA