Harnessing social safety in a context of changing social contracts: compensation schemes and subsidy reforms in the GCC
Due to the sustained low oil price in international markets and the resulting fiscal stress, GCC countries have begun reforming their energy prices. Some of these reforms are structural, and intended to last beyond the low-oil-price period. However, so far, most GCC countries have not used compensat...
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Format: | Working paper |
Language: | English |
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Oxford Institute for Energy Studies
2017
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