Tags » Fuel Subsidies

Why is reforming fuel subsidies so hard?

With the recent dramatic fall in the price of oil, the issue of fuel subsidies comes to the fore again. Alan Beattie writes a good article in the Financial Times about fuel subsidy reform, how subsidies affect our economies and also why it is so hard to remove them. 1,012 more words


Most developing countries will benefit from oil price slump, says World Bank Group

WASHINGTON, January 7, 2015 Gains from low oil prices can be substantial for developing-country importers if supported by stronger global growth, says a World Bank Group analysis of the oil price decline, contained in the latest edition of Global Economic Prospects. 629 more words

World Bank

Malaysia eliminates fuel subsidies

Here’s an oil-exporting country that is taking advantage of the low price of oil to eliminate subsidies. That may be a tough policy to maintain when prices rise again, but at least they are trying. 46 more words