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- W212905247 abstract "The first chapter of the report sets out a general pricing framework for formulation of domestic pricing policies for pricing of crude oil, petroleum products, and natural gas. The second chapter examines the formulation of electricity pricing policy meeting the equity, economic efficiency, and financial viability criteria. In this regard, the chapter discusses the long run marginal cost approach as a framework for analyzing system costs and for setting tariffs. The third chapter focuses on the need for evaluating the macro economic implications, and analyzing the effects of energy price adjustments on industry, transport, and household sectors. It examines international experience of domestic energy price adjustments in the oil importing and the oil exporting countries, and presents alternative pricing policy options. A common theme in the report is that given the problems of debt and public revenue, the policy makers in the developing countries need to continue to pursue the goal of economic pricing of energy products and electricity. The present situation of low international fuel prices offers the best opportunity for completing the process of adjustment of domestic energy prrices to reflect their economic costs." @default.
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- W212905247 date "1989-04-30" @default.
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- W212905247 title "Domestic energy pricing policies" @default.
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