Book Description"This book is an extremely thorough and readable review of how effective utility subsidies are in reaching the poor. It makes sobering reading for policy makers who have implemented such subsidy programmes, who are looking for ways to ameliorate heavy price increases, or who believed that these subsidies were useful instruments for alleviating poverty." - Catherine Waddams, Director, Center for Competition Policy School of Management, University of East Anglia, United Kingdom "This study makes a fine contribution, theoretical and empirical, in an area where much nonsense has been preached, and many misconceptions have long been accepted as gospel. Analyzing a mass of material, the authors quantify the extent to which the most commonly applied forms of utility subsidies are regressive. And they then offer a range of practical measures that can be taken to correct the problem." - John Nellis, Senior Fellow Center for Global Development, Washington, DC While...

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