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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Bibliographic Details
Main Author: Moerenhout, T
Format: Working paper
Language:English
Published: Oxford Institute for Energy Studies 2017
Subjects: