scholarly journals Correction to: The Energy-Water Nexus in Iran: The Political Economy of Energy Subsidies for Groundwater Pumping

2021 ◽  
pp. C1-C1
Author(s):  
Tinoush Jamali Jaghdani ◽  
Vasyl Kvartiuk
Keyword(s):  
Political Economy ◽  
The Political ◽  
Groundwater Pumping ◽  
Energy Subsidies

Policy credibility and the political economy of reform: the case of Egypt's commodity subsidies

2013 ◽  
Vol 10 (2) ◽  
pp. 311-335 ◽  
Author(s):  
DALIBOR ROHÁČ
Keyword(s):  
Political Economy ◽  
Government Spending ◽  
Political Process ◽  
Veto Players ◽  
The Political ◽  
Policy Changes ◽  
Energy Subsidies ◽  
The Government ◽  
Political Groups ◽  
Political Economy Of Reform

Abstract:How can we account for the persistence of inefficient policies? To answer that question, this paper focuses on the issue of food and energy subsidies in Egypt. In 2012, over 13 percent of Egyptian GDP – roughly one-third of the overall government spending – was allocated to subsidies of prices of consumer goods including fuels and food. This paper offers an explanation of the resilience of commodity subsidies to reform, which relies on the inability of the government to credibly commit to a reform path. As a dictatorship, Egypt had a small number of veto players, making policy reversals easy. When opened to a competitive political process after 2011, Egypt lacked political groups that could make credible promises about policy changes. The paper provides a discussion of how appropriately designed reforms can mitigate the lack of credibility.

Sign in / Sign up

Export Citation Format

Share Document