Energy Pricing Policies for Inclusive Growth in Latin America and the Caribbean - Beylis, Guillermo; Cunha, Barbara
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Developing countries tend to subsidize energy products. This study finds that these subsidies can be very expensive when oil prices increase as in the 2000s. Moreover, they are an inefficient tool for protecting the poor.

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Produktbeschreibung
Developing countries tend to subsidize energy products. This study finds that these subsidies can be very expensive when oil prices increase as in the 2000s. Moreover, they are an inefficient tool for protecting the poor.
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Autorenporträt
The World Bank came into formal existence in 1945 following the international ratification of the Bretton Woods agreements. It is a vital source of financial and technical assistance to developing countries around the world. The organization's activities are focused on education, health, agriculture and rural development, environmental protection, establishing and enforcing regulations, infrastructure development, governance and legal institutions development. The World Bank is made up of two unique development institutions owned by its 185 Member Countries. The International Bank for Reconstruction and Development (IBRD) focuses on middle income and creditworthy poor countries and the International Development Association (IDA), which focuses on the poorest countries in the world.