Report sees large disparities in regional energy prices affecting industrial competitiveness 12 November 2013 Technology and high prices are opening up new oil resources, but this does not mean the world is on the verge of an era of oil abundance, according to the International Energy Agency’s (IEA) 2013 edition of the World Energy Outlook (WEO-2013). Although rising oil o
Read MoreThe Social Accounting Matrix (SAM) for Jordan, 2006 -An Analytical and Planning Tool for Growth, Income Distribution and Poverty Reduction- By Dr. Hashim Al-Ali * Abstract This Report presents the first Social Accounting Matrix (SAM) compiled for Jordan. This Jordanian Social Accounting Matrix (JOSAM) has been constructed using 2006 Input-Output (I
Read MoreFor full text of the paper including end-of-paper tables and appendix, click PDF file. I. The background[1] Since the commencement of the production of crude oil in the thirties and forties the oil wealth has transformed the oil countries gradually from low- to middle- and some to high-income countries. In the fifties, with the profit sharing agreements the major Arab oil produ
Read MoreAbstract Oil price volatility has always created pressure upon both developed and emerging economies. High oil prices have been blamed for economic downturns in the global economy. Oil producers have suffered widely fluctuating incomes. Price volatility has worsened since 2000 for a variety of factors such as geopolitics, speculation, terrorism, natural disasters, revolutions,
Read MoreDownload now Petroleum Economist - International Conference, LNG 17 , Houston April 2013 Iran’s threat to close the Strait of Hormuz in response to international sanctions over its nuclear programme is not grabbing the headlines as it was in 2012. But this is an issue that is far from being resolved, writes Luay J Al-Khatteeb of the Iraq Energy Institute.....To
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