Petroleum Subsidies in Yemen : Leveraging Reform for Development

dc.creatorBreisinger, Clemens
dc.creatorEngelke, Wilfried
dc.creatorEcker, Olivier
dc.date2012-03-19T18:00:50Z
dc.date2012-03-19T18:00:50Z
dc.date2011-02-01
dc.date.accessioned2026-07-01T01:00:36Z
dc.descriptionPetroleum subsidy reform is increasingly seen as an opportunity for consolidating public finances and fostering sustainable economic development. Yemen, as the country with the lowest per capita income in the group of countries with a high level of energy subsidies, started to reduce subsidies in 2010 and is discussing further options for reform. The results of this paper support a comprehensive petroleum subsidy reform in Yemen. Economic growth is projected to accelerate between 0.1 and 0.8 percentage points annually as a result of reform. Yet, the design of the reform is critically important, especially for the poor. Outcomes of alternative reform scenarios range from an increase in poverty of 2 to 6 percentage points. A promising strategy combines subsidy reduction with direct transfers of 13,800 to 19,700 Yemeni rials annually to the poorest 30 percent of households and enhanced public investments. Investments should focus on the utilities, transport, trade, and construction sectors to integrate economic spaces and create the platform for a restructuring of agricultural, industrial, and service value chains, which should encourage private sector led and job creating growth in the medium term.
dc.formatapplication/pdf
dc.formattext/plain
dc.identifierhttp://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20110301090700
dc.identifierhttps://hdl.handle.net/10986/3351
dc.identifierhttps://doi.org/10.1596/1813-9450-5577
dc.identifier.urihttp://hdl.handle.net/123456789/414172
dc.languageEnglish
dc.relationPolicy Research working paper ; no. WPS 5577
dc.rightsCC BY 3.0 IGO
dc.rightshttp://creativecommons.org/licenses/by/3.0/igo/
dc.rightsWorld Bank
dc.subjectADVERSE IMPACT
dc.subjectAGRICULTURAL ECONOMICS
dc.subjectAGRICULTURAL GROWTH
dc.subjectAGRICULTURAL PRODUCTION
dc.subjectAGRICULTURAL SECTOR
dc.subjectAGRICULTURE
dc.subjectAVERAGE TRAVEL TIME
dc.subjectBORROWING
dc.subjectBUDGET CONSTRAINTS
dc.subjectCAPITAL ACCUMULATION
dc.subjectCAPITAL STOCK
dc.subjectCASH TRANSFERS
dc.subjectCLIMATE CHANGE
dc.subjectCOMMODITIES
dc.subjectCOMMODITY
dc.subjectCOMMODITY PRICE
dc.subjectCOMPETITIVENESS
dc.subjectCONSUMER GOODS
dc.subjectCONSUMERS
dc.subjectCONSUMPTION EXPENDITURES
dc.subjectCONTROLLED PRICES
dc.subjectCORRELATION ANALYSIS
dc.subjectCOUNTRY TO COUNTRY
dc.subjectCREDIT RATINGS
dc.subjectCROP PRODUCTION
dc.subjectCURRENT ACCOUNT
dc.subjectCURRENT ACCOUNT BALANCE
dc.subjectDEVELOPING COUNTRIES
dc.subjectDEVELOPMENT POLICY
dc.subjectDEVELOPMENT STRATEGY
dc.subjectDIESEL
dc.subjectDISTRIBUTIONAL EFFECTS
dc.subjectDIVERSIFICATION
dc.subjectDOMESTIC PRICE
dc.subjectDOMESTIC PRICES
dc.subjectDRIVERS
dc.subjectECONOMIC ACTIVITIES
dc.subjectECONOMIC DEVELOPMENT
dc.subjectECONOMIC DIVERSIFICATION
dc.subjectECONOMIC EFFICIENCY
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIC IMPLICATIONS
dc.subjectECONOMIC OPPORTUNITIES
dc.subjectECONOMIC SECTORS
dc.subjectELASTICITIES
dc.subjectELASTICITY
dc.subjectEMISSION
dc.subjectEMISSION REDUCTIONS
dc.subjectENDOGENOUS VARIABLES
dc.subjectENERGY SUBSIDIES
dc.subjectENVIRONMENTAL IMPACTS
dc.subjectEQUAL AMOUNTS
dc.subjectEQUILIBRIUM
dc.subjectEQUILIBRIUM THEORY
dc.subjectEXCHANGE RATE
dc.subjectEXOGENOUS VARIABLES
dc.subjectEXPENDITURE
dc.subjectEXPORTS
dc.subjectEXTREME POVERTY
dc.subjectFACTOR DEMAND
dc.subjectFACTORS OF PRODUCTION
dc.subjectFARM HOUSEHOLDS
dc.subjectFINANCIAL RESOURCES
dc.subjectFISCAL DEFICIT
dc.subjectFISCAL RESOURCES
dc.subjectFOOD INSECURITY
dc.subjectFOOD POLICY
dc.subjectFOOD PRICES
dc.subjectFOOD SECURITY
dc.subjectFOREIGN CURRENCY
dc.subjectFOREIGN EXCHANGE
dc.subjectFOSSIL FUEL
dc.subjectFREIGHT
dc.subjectFUEL
dc.subjectFUEL CONSUMPTION
dc.subjectFUEL COSTS
dc.subjectFUEL PRICE
dc.subjectFUEL PRICES
dc.subjectFUEL SUBSIDIES
dc.subjectFUELS
dc.subjectGASOLINE
dc.subjectGDP
dc.subjectGDP PER CAPITA
dc.subjectGLOBAL GROSS DOMESTIC PRODUCT
dc.subjectGOVERNMENT BUDGET
dc.subjectGOVERNMENT EXPENDITURES
dc.subjectGROSS DOMESTIC PRODUCT
dc.subjectGROWTH RATE
dc.subjectGROWTH RATES
dc.subjectHOUSEHOLD BUDGET
dc.subjectHOUSEHOLD BUDGETS
dc.subjectHOUSEHOLD CONSUMPTION
dc.subjectHOUSEHOLD INCOME
dc.subjectHOUSEHOLD INCOMES
dc.subjectHOUSEHOLD WELFARE
dc.subjectHOUSEHOLDS
dc.subjectIMPACT ON POVERTY
dc.subjectINCOME EFFECT
dc.subjectINCOMES
dc.subjectINFRASTRUCTURE INVESTMENT
dc.subjectINFRASTRUCTURES
dc.subjectINTEREST RATES
dc.subjectINTERNATIONAL BANK
dc.subjectINTERNATIONAL COOPERATION
dc.subjectINVESTMENT DECISIONS
dc.subjectINVESTMENT OPPORTUNITIES
dc.subjectINVESTMENT OPTION
dc.subjectIRRIGATION
dc.subjectLABOR MARKET
dc.subjectLABOR MARKETS
dc.subjectLOW-INCOME COUNTRIES
dc.subjectMACROECONOMICS
dc.subjectMARGINAL PROPENSITY TO SAVE
dc.subjectMARKET PRICES
dc.subjectMIDDLE INCOME COUNTRY
dc.subjectMULTIPLIER EFFECTS
dc.subjectOUTPUT
dc.subjectPER CAPITA INCOME
dc.subjectPETROLEUM PRODUCTS
dc.subjectPOOR
dc.subjectPOOR HOUSEHOLDS
dc.subjectPOPULATION GROWTH
dc.subjectPOVERTY ASSESSMENT
dc.subjectPOVERTY IMPACT
dc.subjectPOVERTY LEVELS
dc.subjectPOVERTY LINE
dc.subjectPOVERTY RATES
dc.subjectPOVERTY REDUCTION
dc.subjectPOVERTY STATUS
dc.subjectPRICE CONTROLS
dc.subjectPRICE INCREASES
dc.subjectPRICE OF FUEL
dc.subjectPRICE SUBSIDIES
dc.subjectPRIVATE INVESTMENT
dc.subjectPRIVATE SECTOR GROWTH
dc.subjectPRODUCTION COSTS
dc.subjectPRODUCTION FUNCTION
dc.subjectPRODUCTION STRUCTURE
dc.subjectPRODUCTIVITY
dc.subjectPRODUCTIVITY GROWTH
dc.subjectPROFITABILITY
dc.subjectPUBLIC FINANCES
dc.subjectPUBLIC INVESTMENT
dc.subjectPUBLIC INVESTMENTS
dc.subjectPUBLIC POLICY
dc.subjectPUBLIC SAVINGS
dc.subjectPUBLIC SPENDING
dc.subjectPUBLIC TRANSPORTATION
dc.subjectREAL INCOME
dc.subjectREMITTANCES
dc.subjectROAD
dc.subjectROAD INFRASTRUCTURE
dc.subjectROAD NETWORK
dc.subjectROADS
dc.subjectRURAL
dc.subjectRURAL AREAS
dc.subjectRURAL COUNTERPARTS
dc.subjectRURAL FARM
dc.subjectRURAL HOUSEHOLDS
dc.subjectSAVINGS INCREASES
dc.subjectSOCIAL DEVELOPMENT
dc.subjectSOCIAL IMPACTS
dc.subjectSOCIAL INEQUALITY
dc.subjectSOCIAL PROTECTION
dc.subjectSTRUCTURAL CHANGE
dc.subjectSUBSIDIZATION
dc.subjectSUSTAINABLE DEVELOPMENT
dc.subjectSUSTAINABLE GROWTH
dc.subjectSUSTAINABLE POVERTY REDUCTION
dc.subjectTARGETING
dc.subjectTAX
dc.subjectTOTAL FACTOR PRODUCTIVITY
dc.subjectTRANSACTION COSTS
dc.subjectTRANSPORT
dc.subjectTRANSPORT SECTOR
dc.subjectVALUE ADDED
dc.subjectVULNERABLE HOUSEHOLD
dc.subjectWAGE RATES
dc.subjectWORLD MARKET
dc.titlePetroleum Subsidies in Yemen : Leveraging Reform for Development

Archivos

Colecciones