Fuel subsidy cuts across ASEAN will be incremental
Inefficient fuel subsidy regimes are leading authorities to market-based policies but welfare cuts carry electoral risk
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In this article
- Counting the economic cost
- Distorting market
- Deterring investment
- Straining finances
- Distorting consumption patterns
- Wasteful expenditure
- Policy preferences
- Pricing reform
- Energy 'coupons'
- Cash transfers
- Timing reform
- Political risk
- Inflation management
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_350.jpg "Barometers are pictured at the Pha Lai Thermal Power Plant northeast of Hanoi (Reuters/Kham)")