Energy Pricing Policies for Inclusive Growth in Latin America and the Caribbean / (Record no. 5212)

MARC details
000 -LEADER
fixed length control field 03353cam a22004095i 4500
001 - CONTROL NUMBER
control field 211111
003 - CONTROL NUMBER IDENTIFIER
control field US-djbf
005 - DATE AND TIME OF LATEST TRANSACTION
control field 20210811114259.0
006 - FIXED-LENGTH DATA ELEMENTS--ADDITIONAL MATERIAL CHARACTERISTICS
fixed length control field m d
007 - PHYSICAL DESCRIPTION FIXED FIELD--GENERAL INFORMATION
fixed length control field cr cn|||||||||
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 020129s2017 dcu o i00 0 eng
020 ## - INTERNATIONAL STANDARD BOOK NUMBER
International Standard Book Number 9781464811128
Terms of availability
-- 5.00 USD
020 ## - INTERNATIONAL STANDARD BOOK NUMBER
Canceled/invalid ISBN 9781464811111
035 ## - SYSTEM CONTROL NUMBER
System control number (The World Bank)211111
040 ## - CATALOGING SOURCE
Original cataloging agency DJBF
Language of cataloging eng
Transcribing agency DJBF
Description conventions rda
100 1# - MAIN ENTRY--PERSONAL NAME
Personal name Beylis, Guillermo.
9 (RLIN) 26756
245 10 - TITLE STATEMENT
Title Energy Pricing Policies for Inclusive Growth in Latin America and the Caribbean /
Statement of responsibility, etc. Guillermo Beylis.
264 #1 - PRODUCTION, PUBLICATION, DISTRIBUTION, MANUFACTURE, AND COPYRIGHT NOTICE
Place of production, publication, distribution, manufacture Washington, D.C. :
Name of producer, publisher, distributor, manufacturer The World Bank,
Date of production, publication, distribution, manufacture, or copyright notice 2017.
300 ## - PHYSICAL DESCRIPTION
Extent 1 online resource (230 pages)
336 ## - CONTENT TYPE
Content type term text
Content type code txt
Source rdacontent
337 ## - MEDIA TYPE
Media type term computer
Media type code c
Source rdamedia
338 ## - CARRIER TYPE
Carrier type term online resource
Carrier type code cr
Source rdacarrier
347 ## - DIGITAL FILE CHARACTERISTICS
File type data file
Source rda
490 1# - SERIES STATEMENT
Series statement Directions in Development;Directions in Development - Energy and Mining
520 3# - SUMMARY, ETC.
Summary, etc. Government strategies for setting energy prices are not uniform across the Latin America and the Caribbean (LAC) region or even across fuels. Instead, they cover a full spectrum, ranging from discretionary price-fixing at one end to pure market-based approaches at the other. In between is a wide variety of other schemes such as price stabilization funds, import or export parity pricing, price smoothing through tax levels, and targeted direct price subsidies or vouchers. Governments in the LAC region, however, tend to be small as measured by government revenues as a percentage of GDP. So their limited government resources have to be used wisely and be better targeted to the poor and vulnerable. Although energy subsidies are an inefficient policy tool for protecting the welfare of the poor, energy price increases can have a big impact on these households. Energy Pricing Policies for Inclusive Growth in Latin America and the Caribbean finds that energy subsidies are highly regressive in an absolute sense that is, the lion's share of every dollar spent on keeping energy prices low benefits wealthier households. However, subsidies for fuels that are widely used for cooking and heating liquefied petroleum gas (LPG), natural gas, and kerosene as well as for electricity, can be relatively neutral or progressive, implying that lower-income households capture benefits that are proportionate to their expenditures. In other words, although poorer households receive very little from every dollar spent on energy subsidies, that small amount may represent an important share of their expenditures. It is important, then, that governments expand the coverage and depth of their social safety nets to provide relief for poor households if energy prices rise. This report also finds that aggregate price impacts and the competitiveness effects of energy price increases are moderate to small and can be smoothed out through macropolicy responses.
588 ## - SOURCE OF DESCRIPTION NOTE
Source of description note Description based on print version record.
650 #4 - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Electricity
9 (RLIN) 26757
650 #4 - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Energy Prices
9 (RLIN) 26758
650 #4 - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Inequality
9 (RLIN) 26759
650 #4 - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Pricing Policies
9 (RLIN) 26760
650 #4 - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Progressivity
9 (RLIN) 26761
700 1# - ADDED ENTRY--PERSONAL NAME
Personal name Beylis, Guillermo.
9 (RLIN) 26756
700 1# - ADDED ENTRY--PERSONAL NAME
Personal name Cunha, Barbara.
9 (RLIN) 26762
776 08 - ADDITIONAL PHYSICAL FORM ENTRY
Main entry heading Print Version:
International Standard Book Number 9781464811111
830 #0 - SERIES ADDED ENTRY--UNIFORM TITLE
Uniform title World Bank e-Library.
9 (RLIN) 26763
856 40 - ELECTRONIC LOCATION AND ACCESS
Uniform Resource Identifier <a href="http://elibrary.worldbank.org/doi/book/10.1596/978-1-4648-1111-1">http://elibrary.worldbank.org/doi/book/10.1596/978-1-4648-1111-1</a>

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