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Wrestling with the subsidy pain
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Brendan Pereira
New Straits Times
05-08-2005
Wrestling with the subsidy pain
Byline: Brendan Pereira
Edition: New Sunday Times
Column: Plain talk
BITE the bullet. Over the past few days, 25 million Malaysians have been
told to accept the reality that they will have to pay more for petrol,
medical services and other services currently being heavily subsidised by
the Government.
The argument is rooted in Economics 101 - demand and supply.
There will never be enough money in government coffers to fund
development, improve infrastructure, educate top students at top
universities abroad and ...
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; ...demand that the state-run oil company PEMEX resume selling diesel at subsidized prices. At that time, the government said diesel subsidies were eliminated because the local fishing industry was reselling the fuel to the tourism industry at market prices. But...
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The way forward.(Stabilise food prices)(Letter to the editor)
Magazine article from: African Business
; ...bio-fuel subsidies and open their markets to bio-fuel exporters like Brazil. Bio-fuel subsidies in the US and ethanol and bio-diesel subsidies in Europe have proven to be misguided policies that have distorted world food markets. Subsidies on bio-fuel crops also...
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