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Curious about this question of direct subsidies, will re-read the IMF report and see if they break these categories out. IMF report summary: - $5.3T global su
by tito 7y ago
Curious about this question of direct subsidies, will re-read the IMF report and see if they break these categories out.
IMF report summary:
- $5.3T global subsidy in 2015
- 6% growth per year between 2011 and 2015
- 6.5% of world GDP (2015), 6.4% (2013)
- 24 countries have a subsidy >10% of their own GDP (including China, India, Russia)
- Highest by percentage of GDP is Ukraine, 60.73% of GDP
Source: IMF “Counting the Cost of Energy Subsidies” (2015)
https://www.imf.org/en/Publications/WP/Issues/2019/05/02/Global-Fossil-Fuel-Subsidies-Remain-Large-An-Update-Based-on-Country-Level-Estimates-46509 https://www.imf.org/en/Publications/WP/Issues/2019/05/02/Glo...