Subsidy WatchIssue 6, November 2006


Also in this issue:

Commentary

  • An introduction to energy subsidies

    By By Trevor Morgan, President, Menecon Consulting*

    The recent surge in international energy prices has placed energy subsidies at the forefront of the economic policy agenda in many countries, particularly where government interventions are intended to keep prices low to households and industry, or to protect indigenous energy industries from foreign competition.

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  • Subsidies to biofuels: checking the bait

    By By Ronald Steenblik, Director of Research, Global Subsidies Initiative

    People invariably ask, given we have only recently started in this business, why did we choose to work on biofuels?

    In deciding research priorities we have several criteria. One is that we would not try to duplicate the work of others. Another is that when we look into subsidies to a particular sector, the sector should be one that is subsidized by many countries. Third, we would give priority to examining subsidies that are likely to affect the development prospects of developing countries, or the environment, and especially if they affect both.

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Studies

  • Readings

    Open Budget Initiative

    Nine in 10 countries surveyed by the Washington-based Center on Budget and Policy Priorities (CBPP) fail to provide adequate information on their budgets needed to keep governments accountable to their citizens.

    The CBPP's International Budget Project surveyed some 59 countries to assess the availability and quality of their budget documents. The results, released in October, find that most governments could do a better job of informing citizens about how they spend public funds.

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Events