The debate over the importance of subsidizing fuel energy still persist in nowdays. The conventional argument against the policy argues that it puts government in a difficult financial situation. While the argument for the policy argues that it supports the economy especially of the lower-income people.
The Economic Journal of Emerging Markets (EJEM) is a peer-reviewed journal which provides a forum for scientific works pertaining to emerging market economies. Published every April and October, this journal welcomes original research papers on all aspects of economic development issues. The journal ...