A number of developed and developing countries have engaged in fuel subsidy policy reforms. These countries include: Argentina, Brazil, Canada, China, Senegal, India, Indonesia, Italy, Korea, Mexico, Russia, Span, France and the United states.
IISD (2001) maintains that once in place, fuel subsidies are extremely difficult to remove. There is no single observed formula for success, country circumstance and changing global conditions are major contributory factors IISD (2010) recognizes six important reform approaches: Research, parameters, clear frames of progress, and maintaining and evaluation.
The Ghana case is recorded as a substantial success for the following reasons: research was conducted to identify those most likely to be impacted by reform, a communication strategy was employed to increase popular support, semi-independent and transparent institutions were established to manage fuel pricing and policies were implemented to reduce impacts on the poor
IISD (2001) maintains that once in place, fuel subsidies are extremely difficult to remove. There is no single observed formula for success, country circumstance and changing global conditions are major contributory factors IISD (2010) recognizes six important reform approaches: Research, parameters, clear frames of progress, and maintaining and evaluation.
The Ghana case is recorded as a substantial success for the following reasons: research was conducted to identify those most likely to be impacted by reform, a communication strategy was employed to increase popular support, semi-independent and transparent institutions were established to manage fuel pricing and policies were implemented to reduce impacts on the poor