Series: IMF Working Papers
Author(s): Benedict Bingham , James Daniel , and Giulio Federico
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 May 2001
Keywords: petroleum prices, petroleum products, spot price, petroleum pricing, Fiscal and Monetary Policy in Development, Energy: Government Policy,
This paper examines the case for government-led smoothing of domestic petroleum prices in the face of volatile international prices. Governments in most developing and transition countries engage in petroleum price...