Details

Subject(s)

• Petroleum products—Prices—Developing countries [Browse]
• Price maintenance—Developing countries [Browse]

Related name

• International Monetary Fund. Fiscal Affairs Department [Browse]
• Arze del Granado, Javier [Browse]
• Eyraud, Luc [Browse]
• Tuladhar, Anita [Browse]

Series

• Technical Notes and Manuals; Technical Notes and Manuals ; No. 2012/003 [More in this series]
• Technical Notes and Manuals

Summary note

Many developing and emerging countries do not fully pass-through increases in international fuel prices to domestic retail prices, with adverse consequences for fuel tax revenues and tax volatility. The adoption of an automatic fuel pricing mechanism can help to address this problem, and the incorporation of a price smoothing mechanism can ensure pass-through over the medium term but also avoid sharp increases (and decreases) in domestic prices. This technical note addresses the following issues: (i) the design of an automatic fuel pricing mechanism; (ii) the incorporation of domestic price smoothing and resulting tradeoffs; (iii) the transition from ad hoc pricing adjustments to an automatic mechanism; and (iv) policies to support this transition and the maintenance of an automatic mechanism. A standardized template for simulating and evaluating the implications of alternative pricing mechanisms for price and fiscal volatility is available on request.

Notes

• "December 2012."
• At head of title: International Monetary Fund, Fiscal Affairs Department.

Bibliographic references

Includes bibliographical references (page 19).

Source of description

Description based on online resource; title from pdf title page (IMF.org website, viewed May 9, 2016).

ISBN

• 9781475514063
• 1475514069
• 9781475571196
• 1475571194

Statement on responsible collection description

Princeton University Library aims to describe library materials in a manner that is respectful to the individuals and communities who create, use, and are represented in the collections we manage. Read more...