How Long to Read Issues in Domestic Petroleum Pricing in Oil-Producing Countries

How Long Does it Take to Read Issues in Domestic Petroleum Pricing in Oil-Producing Countries?

It takes the average reader and 31 minutes to read Issues in Domestic Petroleum Pricing in Oil-Producing Countries by Benedict J. Clements

Assuming a reading speed of 250 words per minute. Learn more

Description

This paper discusses issues relating to the domestic pricing of petroleum in oil-producing countries. It finds that in most major oil-exporting countries, government policies keep domestic prices below free-market levels, resulting in implicit subsidies that equaled 3.0 percent of GDP, on average, in 1999. Moreover, the paper argues, these petroleum subsidies are inefficient and inequitable-entailing substantial opportunity costs in terms of forgone revenue or productive spending-and also procyclical, complicating macroeconomic management. Nonetheless, the elimination of petroleum subsidies is often politically difficult, although countervailing measures and publicity campaigns can help engender support for reform.

How long is Issues in Domestic Petroleum Pricing in Oil-Producing Countries?

Issues in Domestic Petroleum Pricing in Oil-Producing Countries by Benedict J. Clements is 31 pages long, and a total of 7,781 words.

This makes it 10% the length of the average book. It also has 10% more words than the average book.

How Long Does it Take to Read Issues in Domestic Petroleum Pricing in Oil-Producing Countries Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 42 minutes to read Issues in Domestic Petroleum Pricing in Oil-Producing Countries aloud.

What Reading Level is Issues in Domestic Petroleum Pricing in Oil-Producing Countries?

Issues in Domestic Petroleum Pricing in Oil-Producing Countries is suitable for students ages 8 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Issues in Domestic Petroleum Pricing in Oil-Producing Countries?

Issues in Domestic Petroleum Pricing in Oil-Producing Countries by Benedict J. Clements is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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