News from 2015-03-31 / KfW Research
An end to energy subsidies in developing countries and emerging markets – if not now, then when?
In many developing countries the state, for socio-political reasons, sets energy prices at a low level that does not cover costs. This subsidy policy is questionable from an economic, developmental and environmental point of view. Happily, a number of countries have used the recent fall in oil prices to dismantle their energy subsidies. However, that is far from the end of the problem.
An end to energy subsidies in developing countries and emerging markets – if not now, then when?
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