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Modi, Sisi & Jokowi: Three New Leaders Face the Challenge of Food & Fuel Subsidies

In few policy areas does good economics seem to conflict so dramatically with good politics as in the practice of subsidies to food and energy.  Economics textbooks explain that these subsidies are lose-lose policies. In the political world that can … Continue reading

Posted in Asia, Commodities, Economic Development, Gas Prices, International Trade, Oil, Poverty | Tagged , , , , , , | Leave a comment