Posts Tagged ‘fuel subsidies’

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    Subsidies: Fueling Egyptian Turmoil

    Jul 6, 13 • 141 Views • Demand, Supply, and Markets, Developing Economies, Government, Households, International Trade and Finance, Macroeconomic MeasurementNo Comments

    The time is 8 am. During March 2012, 200 people at a depot just west of Cairo are waiting for a truck delivery of butane cylinders. One gentleman yells, “Please, I’ve been waiting for 10 days to get my cylinder–who can bear this?”