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Assessing Kuwaiti energy pricing reforms

Subtitle:
OIES paper: MEP 17
Abstract:

From mid-2014 Kuwait has experienced a substantial drop in its oil export price and, consequently, government revenue, causing a severe fiscal deficit and impaired economic performance. Cutting energy subsidies has become a policy priority. In the face of widespread opposition, the government raised gasoline prices in August 2016, proclaiming such reform key to solving its economic problems; yet recent policy discussions have not addressed the mechanism of pricing reforms. The paper offers...

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Publication status:
Published
Peer review status:
Peer reviewed

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Publisher copy:
10.26889/9781784670931

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Department:
Oxford Institute of Energy Studies
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Grant:
International Postgraduate Research Scholarship
Funding agency for:
Manal Shehabi
Publisher:
Oxford Institute for Energy Studies Publisher's website
Acceptance date:
2017-11-13
DOI:

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