Institutional Investor (June 15)
2015/ 06/ 16 by jd in Global News
“For economists who complain about the distortions and deficits caused by energy subsidies, 2014 was a godsend.” Over 25 countries made progress in curtailing “their fuel subsidy programs…in favor of aligning domestic prices with global prices. But the recent rebound in oil prices threatens to undo much of that good work.”
Tags: Deficits, Distortions, Domestic prices, Economists, Energy subsidies, Global prices, Oil prices, Rebound