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Energy Subsidy Reform (ESRx)

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Deadline for the application has passed.
Course No.: OL 19.11
Location: Course Conducted Online, United States
Date: January 16, 2019-February 27, 2019 (4.2 Weeks)
Language: Arabic

Target Audience:

All government officials are welcome to register. Officials in the public sector, in particular those whose work relates to economic policy design and implementation, could benefit from the course. The course is offered in Arabic.

Qualifications:

Some knowledge of economics would be helpful. Basic Excel skills and access to a computer with a reliable Internet connection and a Google Chrome web browser are essential.

Course Description:

This online course is presented  by the IMF Middle East Center for Economics and Finance (based in Kuwait) in collaboration with the IMF's Institute for Capacity Development and the Fiscal Affairs Department. Drawing on lessons from a variety of country experiences around the world, the course discusses the concept of energy subsidies, their definition and measurement, and examines their economic, social, and environmental implications. It also presents toolkits to assess the welfare and distributional effects of alternative subsidy reform scenarios, as well as to design effective fuel pricing mechanisms. Finally, the course illustrates successes and failures from case studies, and brings to the fore best practices in energy subsidy reform. The expected workload for this course is six to eight hours per week. This course is self-paced.

Successful completion of the online course will be viewed favorably when applying for face-to-face IMF courses at headquarters or regional centers.

 

Course Objectives:

Upon completion of this course, participants should be able to:

  • Explain the concept of energy subsidy and estimate pre- and post-tax subsidies.
  • Define corrective energy taxes and explain how to calculate them.
  • Discuss the economic, social, and environmental impact of energy subsidies.
  • Explain how to design robust subsidy reform strategies.
  • Discuss policy responses to mitigate the effects of subsidy reform on inflation and on household welfare.
  • Use an Excel-based toolkit to assess the effects of alternative energy subsidy reform scenarios on households in different income groups.
  • Design effective fuel pricing mechanisms to mitigate fuel price volatility.

Important Note for Online Courses:

For Online Learning (OL) courses, which are delivered through the edX platform, you will need an additional piece of information to register: you will be prompted for your edX.org username. If you do not already have a username, please go to https://courses.edx.org/register and sign up for a free account. Once you have created an account, you may complete the IMF Institute application. If you already have an edX account, your username can be found on the top right of the screen after logging in.

Important Note for Internal Economics Training Courses:

Internal Economics Training (IT) courses are self-financed. The IMF will not charge officials for attending courses. However, all travel, insurance, hotel, and living costs will need to be covered by the agency sponsoring the participants.