Balancing ACT: Cutting Energy Subsidies While Protecting Affordability (Eastern Europe and Central Asia Reports)

by Anne Olivier

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In Eastern Europe and Central Asia there are significant pressures for residential energy tariffs to rise, as government budgets are increasingly stretched and cannot afford to pay large energy subsidies. Further pressures for tariffs to rise come from environmental concerns, as the tariff levels that households now face do not cover the social costs of energy production. Because reforms that would increase energy tariffs are likely to affect significantly the poor and the middle class, their political feasibility may be questioned unless appropriate ways of cushioning the impacts can be devised.

Balancing these competing claims-fiscal and environmental concerns...Read more
  • ISBN10 0821397907
  • ISBN13 9780821397909
  • Publish Date 26 June 2014 (first published 30 January 2013)
  • Publish Status Active
  • Imprint World Bank Publications
  • Format eBook
  • Pages 191
  • Language English