Phasing Out Energy Subsidies As Part Of Egypts Economic Reform Program Impacts And Policy Implications

Author : Breisinger, Clemens
Publisher : Intl Food Policy Res Inst
ISBN 13 :
Total Pages : 37 pages
Book Rating : 4./5 ( download)

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Download or read book Phasing out energy subsidies as part of Egypt’s economic reform program: Impacts and policy implications written by Breisinger, Clemens and published by Intl Food Policy Res Inst. This book was released on 2018-02-21 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt: In order to address long-standing economic challenges, in 2016 the Government of Egypt (GOE) put in place a major economic reform program to restore macroeconomic stability and to promote inclusive growth. As a result, there are early signs that the economy is rebounding and Egypt’s economic outlook is becoming more favorable. However, it is less clear how the ongoing reform program is affecting households, especially the poor. To shed light on this question, this paper uses an economy-wide model to estimate the distributional impacts of the energy subsidy cuts in 2014, 2016, and 2017, the currency devaluation at the end of 2016, and the expected complete phasing out of energy subsidies over the coming years.

Author : Mr.Carlo A. Sdralevich
Publisher : International Monetary Fund
ISBN 13 : 1498348467
Total Pages : 130 pages
Book Rating : 4.61/5 ( download)

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Download or read book Subsidy Reform in the Middle East and North Africa written by Mr.Carlo A. Sdralevich and published by International Monetary Fund. This book was released on 2014-07-09 with total page 130 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the Middle East and North Africa (MENA) countries price subsidies are common, especially on food and fuels. However, these are neither well targeted nor cost effective as a social protection tool, often benefiting mainly the better off instead of the poor and vulnerable. This paper explores the challenges of replacing generalized price subsidies with more equitable social safety net instruments, including the short-term inflationary effects, and describes the features of successful subsidy reforms.

Author : Mr.Benedict J. Clements
Publisher : International Monetary Fund
ISBN 13 : 1484339169
Total Pages : 390 pages
Book Rating : 4.69/5 ( download)

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Download or read book Energy Subsidy Reform written by Mr.Benedict J. Clements and published by International Monetary Fund. This book was released on 2013-09-13 with total page 390 pages. Available in PDF, EPUB and Kindle. Book excerpt: Energy subsidies are aimed at protecting consumers, however, subsidies aggravate fiscal imbalances, crowd out priority public spending, and depress private investment, including in the energy sector. This book provides the most comprehensive estimates of energy subsidies currently available for 176 countries and an analysis of “how to do” energy subsidy reform, drawing on insights from 22 country case studies undertaken by the IMF staff and analyses carried out by other institutions.

Author : Mr.Trevor Serge Coleridge Alleyne
Publisher : International Monetary Fund
ISBN 13 : 1484366549
Total Pages : 125 pages
Book Rating : 4.47/5 ( download)

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Download or read book Energy Subsidy Reform in Sub-Saharan Africa written by Mr.Trevor Serge Coleridge Alleyne and published by International Monetary Fund. This book was released on 2013-08-12 with total page 125 pages. Available in PDF, EPUB and Kindle. Book excerpt: The reform of energy subsidies is an important but challenging issue for sub-Saharan African (SSA) countries. There is a relatively large theoretical and empirical literature on this issue. While this paper relies on that literature, too, it tailors its discussion to SSA countries to respond to the following questions: Why it is important to reduce energy subsidies? What are the difficulties involved in energy subsidy reform? How best can a subsidy reform be implemented? This paper uses various sources of information on SSA countries: quantitative assessments, surveys, and individual (but standardized) case studies.

Author : Breisinger, Clemens
Publisher : Intl Food Policy Res Inst
ISBN 13 :
Total Pages : 146 pages
Book Rating : 4./5 ( download)

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Download or read book Impact evaluation study for Egypt's Takaful and Karama cash transfer program: Part 1: Quantitative report written by Breisinger, Clemens and published by Intl Food Policy Res Inst. This book was released on 2018-10-19 with total page 146 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report of the evaluation study provides a greater focus on measuring the impact of the larger Takaful program and also attempts to measure the impact of the much smaller Karama program. In addition, IFPRI will conduct a qualitative assessment of the Takaful and Karama program focused on learning about the experience with the program among the poorest beneficiary households. This qualitative assessment will also draw lessons from the quantitative survey to provide another report on the experience of very poor households. The remainder of this report is organized as follows Chapter 2 provides an overview of the Takaful and Karama Program. Chapter 3 summarizes the impact evaluation design. Chapter 4 describes the evaluation survey and sample. Chapter 5 provides context for the program by using the survey data to summarize the characteristics of beneficiary and non-beneficiary households and describe beneficiaries’ experience with program implementation. Chapter 6 presents the impact estimates for Takaful and Chapter 7 the estimates for Karama. Chapter 8 uses data from a separate representative sample of households collected during the survey to assess the targeting performance of the program. Chapter 9 concludes and discusses implications for social policy in Egypt.

Author : El Enbaby, Hoda
Publisher : Intl Food Policy Res Inst
ISBN 13 :
Total Pages : 72 pages
Book Rating : 4./5 ( download)

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Download or read book Impact evaluation report: Egypt’s Takaful Cash Transfer Program: Second round report written by El Enbaby, Hoda and published by Intl Food Policy Res Inst. This book was released on 2022-10-11 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt: Egypt introduced the Takaful and Karama Program (TKP), a pair of targeted cash transfer schemes in March 2015. Takaful and Karama was designed as a conditional cash transfer program providing income support targeted to the poor and most vulnerable; namely poor families with children (under 18 years of age), poor elderly (aged 65 years and above) and persons with severe disability. Originally implemented as an unconditional cash transfer, the program is now a conditional cash transfer program, but the conditionalities have yet to be monitored. Starting July 2017, households received EGP60 for each child under 6 years old, EGP80 for each child in primary education, EGP100 for children in preparatory education, and EGP140 for secondary education. As of June 2017, 90% of TKP beneficiaries were women. In 2018, the International Food Policy Research Institute (IFPRI) completed the first round of impact evaluation of TKP, based on household survey data collected after the first 15 months of the program. The evaluation found that TKP substantially improved wellbeing for poor households, increasing household consumption per adult equivalent by 8.4 percent. and reducing the probability that a beneficiary household is poor (< USD1.90 per capita per day) by 11.4 percentage points, which is comparable to several of the well-known, large-scale programs in Latin America where consumption impacts are on the order of 7-8 percent.

Author : Manfred Hafner
Publisher : Springer Nature
ISBN 13 : 3031307054
Total Pages : 430 pages
Book Rating : 4.58/5 ( download)

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Download or read book The Energy Sector and Energy Geopolitics in the MENA Region at a Crossroad written by Manfred Hafner and published by Springer Nature. This book was released on 2023-08-28 with total page 430 pages. Available in PDF, EPUB and Kindle. Book excerpt: This open access book offers a holistic and interdisciplinary analysis of the energy sector in the Middle East and North Africa (MENA) region and its ongoing transformation. Taking into account global decarbonization policies, it offers a comprehensive overview of the transition’s effects in the region highlighting socioeconomic, geopolitical and cultural aspects. The book is divided into four parts, the first of which illustrates the historical, cultural and socioeconomic heterogeneity of the MENA region. The second part assesses the region's energy sector, with a special focus on the energy mix and consumption evolution at the national level. The third part addresses the geopolitics and geoeconomics of the energy sector in MENA countries, including foreign interference, conflicts, investments and partnerships both related to hydrocarbons and energy transition. Lastly, the fourth part provides overall conclusions and key takeaways on all major aspects addressed by the book, highlighting various paths and strategies for decarbonization in the region.

Author : Wouterse, Fleur Stephanie
Publisher : Intl Food Policy Res Inst
ISBN 13 : 0896295982
Total Pages : 284 pages
Book Rating : 4.88/5 ( download)

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Download or read book Boosting growth to end hunger by 2025: The role of social protection written by Wouterse, Fleur Stephanie and published by Intl Food Policy Res Inst. This book was released on 2018-10-23 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt: Social protection programs—public or private initiatives that aid the poor and protect the vulnerable against livelihood risks—can effectively be used to assist those trapped, or at the risk of being trapped, in chronic poverty. These programs aim to address chronic poverty through redistribution and protect vulnerable households from falling below the poverty line. Although investments in social protection programs are often motivated by equity concerns, they can also contribute to economic growth by, for example, encouraging savings, creating community assets, and addressing market imperfections. Despite their potential and proliferation, not enough is known about social protection programs in Africa. The 2017–2018 Annual Trends and Outlook Report (ATOR) reduces this knowledge gap by focusing on the potential of such programs on the continent and the corresponding opportunities and challenges. The chapters of the Report highlight the benefits of these programs, not only to their direct recipients but also others in the community through spillover effects. They also underscore the importance of appropriate design and sustainability to fully realize the potential of social protection programs.

Author : Jakob Skovgaard
Publisher : Cambridge University Press
ISBN 13 : 1108416799
Total Pages : 349 pages
Book Rating : 4.95/5 ( download)

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Download or read book The Politics of Fossil Fuel Subsidies and Their Reform written by Jakob Skovgaard and published by Cambridge University Press. This book was released on 2018-08-23 with total page 349 pages. Available in PDF, EPUB and Kindle. Book excerpt: This comprehensive volume provides the first book-length account on the politics of fossil fuel subsidies. This title is also available as Open Access.

Author : Mostefa Ouki
Publisher :
ISBN 13 : 9781784671129
Total Pages : 29 pages
Book Rating : 4.26/5 ( download)

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Download or read book Egypt - a Return to a Balanced Gas Market? written by Mostefa Ouki and published by . This book was released on 2018 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt: