Vacation Over: Implications for the Caribbean of Opening U.S.-Cuba Tourism

Vacation Over: Implications for the Caribbean of Opening U.S.-Cuba Tourism

Rafael Romeu / Feb 24, 2020

Vacation Over Implications for the Caribbean of Opening U S Cuba Tourism This paper reviews evidence on the impact of fuel subsidy reform on household welfare in developing countries On average the burden of subsidy reform is neutrally distributed across income groups a

  • Title: Vacation Over: Implications for the Caribbean of Opening U.S.-Cuba Tourism
  • Author: Rafael Romeu
  • ISBN: 9781282841130
  • Page: 274
  • Format: ebook
  • This paper reviews evidence on the impact of fuel subsidy reform on household welfare in developing countries On average, the burden of subsidy reform is neutrally distributed across income groups a 0.25 decrease in the per liter subsidy results in a 6 percent decrease in income for all groups More than half of this impact arises from the indirect impact on prices of oThis paper reviews evidence on the impact of fuel subsidy reform on household welfare in developing countries On average, the burden of subsidy reform is neutrally distributed across income groups a 0.25 decrease in the per liter subsidy results in a 6 percent decrease in income for all groups More than half of this impact arises from the indirect impact on prices of other goods and services consumed by households Fuel subsidies are a costly approach to protecting the poor due to substantial benefit leakage to higher income groups In absolute terms, the top income quintile captures six times in subsidies than the bottom Issues that need to be addressed when undertaking subsidy reform are also discussed, including the need for a new approach to fuel pricing in many countries.

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      Posted by:Rafael Romeu
      Published :2019-05-06T23:29:41+00:00

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      • Rafael Romeu

        Rafael Romeu Is a well-known author, some of his books are a fascination for readers like in the Vacation Over: Implications for the Caribbean of Opening U.S.-Cuba Tourism book, this is one of the most wanted Rafael Romeu author readers around the world.


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