Petroleum Product Subsidies: Costly, Inequitable, and Rising by John M. Piotrowski, David Coady, Justin Tyson, Mr. Rolando Ossowski, Mr. Robert Gillingham & Mr. Shamsuddin Tareq

Petroleum Product Subsidies: Costly, Inequitable, and Rising

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Petroleum product subsidies have again started to increase with the rebound in international prices. This note reviews recent developments in subsidy levels and argues that reforming the policy framework for setting petroleum product prices is necessary t

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