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Fossil Fuel Subsidy Reform, Rent Management and Political Fragmentation in Developing Countries.
- Source :
-
New Political Economy . Aug2015, Vol. 20 Issue 4, p475-494. 20p. - Publication Year :
- 2015
-
Abstract
- Over the last decade, pressure to reduce subsidies for energy (especially fossil fuels) in developing countries has mounted, but reform is politically controversial. The debate on reform is dominated by a liberal narrative that employs an understanding of energy subsidies as political rent, based on public choice theory. Here, it is argued that this approach takes too static and limited a view of rent, and that engagement with theories of the state in the development process suggests a more dynamic view. The degree of centralisation of political power is also argued to be a key factor in the use and reform of subsidy. This application of the framework is then illustrated in the case of Indonesia. Finally, implications for reform strategies are drawn out. [ABSTRACT FROM AUTHOR]
Details
- Language :
- English
- ISSN :
- 13563467
- Volume :
- 20
- Issue :
- 4
- Database :
- Academic Search Index
- Journal :
- New Political Economy
- Publication Type :
- Academic Journal
- Accession number :
- 102883704
- Full Text :
- https://doi.org/10.1080/13563467.2014.923826