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Energy development is an integral part of enhanced economic development. The fact that expanded provision and use of energy services is strongly associated with economic development leaves open how important energy is as a causal factor in economic development, however; and energy development competes with other opportunities for scarce capital and opportunities for policy and institutional reform. In this paper we first give a brief conceptual discussion that seeks to identify the channels through which increased availability of energy services might be a key to stimulating economic development along different stages of the development process. We then examine some empirical work to see what evidence it might provide...
President Bush has identified US dependence on imported oil as an urgent energy, economic, and national security concern. The President's energy plan promotes the development of domestic resources, based on the assumption that economic incentives and the opening of frontier areas for exploration will increase domestic production. If realized, this will reduce dependence on imported oil and reduce OPEC's ability to affect aggregate oil supply and price. The evidence suggests, however, that this policy will not increase significantly US production of crude oil, will not reduce significantly OPEC's influence, and it will distort the US macroeconomy. Even if allowed, production from the Arctic National Wildlife Refuge...
SILMU, which runs from 1990 to 1995, aims at studying climate change and its impacts. It also seeks to provide information to Finnish policy makers on adaptation and mitigation. The topics range from air chemisrty to sociology, and the total number of projects is 74. Interim evaluation of the programme was carded out in 1992. During the second half of SILMU, 10 % of the total budget (total: 14 Million ECU) has been devoted to programme integration.
Categories: Publication; Types: Citation; Tags: History, energy, prices