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

Petroleum Product Subsidies: Costly, Inequitable, and Rising

By John M. Piotrowski, David Coady, Justin Tyson, Mr. Rolando Ossowski, Mr. Robert Gillingham & Mr. Shamsuddin Tareq

  • Release Date: 2010-02-25
  • Genre: Politics & Current Events
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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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