How To Build Public Support For Energy Subsidy And Pension Reforms
Many countries struggle with low economic growth and high debt and will need bold fiscal actions to restore their finances. Two significant areas for potential savings are energy subsidies and pension systems. However, reforms in both areas can be unpopular with the public, write ERA DABLA-NORRIS, DAVIDE FURCERI, and MAURICIO SOTO. Public support is crucial for the success of these reforms, and governments can leverage various strategies to enhance this support. As highlighted in the April 2025 Fiscal Monitor, we developed a new method to gauge public sentiment by analyzing...