A Potential Sudden Stop of Energy Imports from Russia

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ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (131 download)

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Book Synopsis A Potential Sudden Stop of Energy Imports from Russia by : Eva M. Berger

Download or read book A Potential Sudden Stop of Energy Imports from Russia written by Eva M. Berger and published by . This book was released on 2022 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The Russian war of aggression against Ukraine since 24 February 2022 has intensified the discussion of Europe's reliance on energy imports from Russia. A ban on Russian imports of oil, natural gas and coal has already been imposed by the United States, while the United Kingdom plans to cease imports of oil and coal from Russia by the end of 2022. The German Federal Government is currently opposing an energy embargo against Russia. However, the Federal Ministry for Economic Affairs and Climate Action is working on a strategy to reduce energy imports from Russia. In this paper, the authors give an overview of the German and European reliance on energy imports from Russia with a focus on gas imports and discuss price effects, alternative suppliers of natural gas, and the potential for saving and replacing natural gas. They also provide an overview of estimates of the consequences on the economic outlook if the conflict intensifies.

Economic Consequences of a Sudden Stop of Energy Imports

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Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (133 download)

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Book Synopsis Economic Consequences of a Sudden Stop of Energy Imports by : Tom Krebs

Download or read book Economic Consequences of a Sudden Stop of Energy Imports written by Tom Krebs and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This policy report studies the effects of a sudden stop of natural gas imports from Russia on the German economy. The analysis focuses on the supply-side effects that arise when a gas shortage affects production in the gas-intensive manufacturing sectors, with a corresponding production disruption that propagates along the value chain and through the entire economy. In a baseline scenario, a hypothetical gas embargo implemented in May 2022 leads to a short-run decline in aggregate output between 3.2 percent and 8 percent of GDP. In an alternative scenario, in which Germany can easily replace Russian gas imports by alternative imports, the short-run decline in aggregate output following the embargo is between 1.2 percent and 3 percent of GDP. In addition to the supply-side effects, an embargo causes a reduction in output via the demand-side channel. According to recent simulation studies, the demand-side effects of an energy embargo (coal, oil, natural gas) reduce GDP between 2 percent and 4 percent in the short run. These results underscore the high degree of uncertainty regarding the economic consequences of a sudden stop of Russian gas imports in the short run. Finally, an immediate gas embargo also causes permanent economic damage and has significant social implications. In policy terms, the results show the need for the German government to act as swiftly as possible to ensure independence from Russian energy imports. In addition, Germany's future energy system needs to be more resilient to macroeconomic and geopolitical shocks.

Russia's Response to Sanctions

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Publisher : Cambridge University Press
ISBN 13 : 1108415024
Total Pages : 245 pages
Book Rating : 4.1/5 (84 download)

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Book Synopsis Russia's Response to Sanctions by : Richard Connolly

Download or read book Russia's Response to Sanctions written by Richard Connolly and published by Cambridge University Press. This book was released on 2018-07-05 with total page 245 pages. Available in PDF, EPUB and Kindle. Book excerpt: The first in-depth scholarly analysis of the effects of Western sanctions, and Russia's response on the Russian economy.

Energy Relations Between Russia and China

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Publisher :
ISBN 13 : 9781784670641
Total Pages : 88 pages
Book Rating : 4.6/5 (76 download)

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Book Synopsis Energy Relations Between Russia and China by : James Henderson

Download or read book Energy Relations Between Russia and China written by James Henderson and published by . This book was released on 2016 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Europe's Energy Security

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Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (15 download)

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Book Synopsis Europe's Energy Security by : Michael Ratner

Download or read book Europe's Energy Security written by Michael Ratner and published by . This book was released on 2012 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Report that focuses on potential approaches that Europe might employ to diversify its sources of natural gas supply, Russia's role in Europe's natural gas policies, and key factors that could hinder efforts to develop alternative suppliers of natural gas.

Energy Empire

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Publisher :
ISBN 13 : 9781903558386
Total Pages : 64 pages
Book Rating : 4.5/5 (583 download)

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Book Synopsis Energy Empire by : Fiona Hill

Download or read book Energy Empire written by Fiona Hill and published by . This book was released on 2004 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Reliable, Affordable, and Environmentally Sound Energy for America's Future

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Publisher : Group Publishing (Company)
ISBN 13 :
Total Pages : 176 pages
Book Rating : 4.:/5 (327 download)

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Book Synopsis Reliable, Affordable, and Environmentally Sound Energy for America's Future by : United States. National Energy Policy Development Group

Download or read book Reliable, Affordable, and Environmentally Sound Energy for America's Future written by United States. National Energy Policy Development Group and published by Group Publishing (Company). This book was released on 2001 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Understanding Russian Strategic Behavior

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Publisher : Routledge
ISBN 13 : 0429537549
Total Pages : 273 pages
Book Rating : 4.4/5 (295 download)

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Book Synopsis Understanding Russian Strategic Behavior by : Graeme P. Herd

Download or read book Understanding Russian Strategic Behavior written by Graeme P. Herd and published by Routledge. This book was released on 2022-01-27 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the extent to which Russia’s strategic behavior is the product of its imperial strategic culture and Putin’s own operational code. The work argues that, by conflating personalistic regime survival with national security, Putin ensures that contemporary Russian national interest, as expressed through strategic behavior, is the synthesis of a peculiar troika: a long-standing imperial strategic culture, rooted in a partially imagined past; the operational code of a counter-intelligence president and decision-making elite; and the realities of Russia as a hybrid state. The book first examines the role of structure and agency in shaping contemporary Russian strategic behavior. It then provides a conceptual understanding of strategic culture, and applies this to Tsarist and Soviet historical developments. The book’s analysis of the operational code, however, demonstrates that Putinism is more than the sum of the past. At the end, the book assesses Putin’s statecraft and stress-tests our assumptions about the exercise of contemporary power in Russia and the structure of Putin’s agency. This book will be of interest to students of Russian politics and foreign policy, strategic studies and international relations.

China's Quest for Energy Security

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Publisher : Rand Corporation
ISBN 13 : 0833048325
Total Pages : 83 pages
Book Rating : 4.8/5 (33 download)

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Book Synopsis China's Quest for Energy Security by : Erica Strecker Downs

Download or read book China's Quest for Energy Security written by Erica Strecker Downs and published by Rand Corporation. This book was released on 2000-12-05 with total page 83 pages. Available in PDF, EPUB and Kindle. Book excerpt: China's two decades of rapid economic growth have fueled a demand for energy that has outstripped domestic sources of supply. China became a net oil importer in 1993, and the country's dependence on energy imports is expected to continue to grow over the next 20 years, when it is likely to import some 60 percent of its oil and at least 30 percent of its natural gas. China thus is having to abandon its traditional goal of energyself-sufficiency--brought about by a fear of strategic vulnerability--and look abroad for resources. This study looks at the measures that China is taking to achieve energy security and the motivations behind those measures. It considers China's investment in overseas oil exploration and development projects, interest in transnational oil pipelines, plans for a strategic petroleum reserve, expansion of refineries to process crude supplies from the Middle East, development of the natural gas industry, and gradual opening of onshore drilling areas to foreign oil companies. The author concludes that these activities are designed, in part, to reduce the vulnerability of China's energy supply to U.S. power. China's international oil and gas investments, however, are unlikely to bring China theenergy security it desires. China is likely to remain reliant on U.S. protection of the sea-lanes that bring the country most of its energy imports.

Eurasian Energy Security

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Publisher : Council on Foreign Relations
ISBN 13 : 087609423X
Total Pages : 66 pages
Book Rating : 4.8/5 (76 download)

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Book Synopsis Eurasian Energy Security by : Jeffrey Mankoff

Download or read book Eurasian Energy Security written by Jeffrey Mankoff and published by Council on Foreign Relations. This book was released on 2009 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Council Special Report explores the challenges faced by consumer and supplier alike in Europe and Eurasia. It looks at Russia's rise as an energy power, analyzing its control of supplies and delivery systems and its investments in energy infrastructure across Europe, as well as questions about the potential of its production. The report also examines Europe's difficulties in forging a common policy on energy supply and recommends a two-pronged strategy of integration and diversification. It urges Europe to integrate both internally -- developing a single EU gas market -- and externally -- tying Russia's energy sector to Europe and its more transparent regulations. It also recommends that Europe seek new sources of energy from both non-Russian suppliers and non-fossil fuels.

OECD Economic Outlook, Volume 2022 Issue 1

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Publisher : OECD Publishing
ISBN 13 : 9264607684
Total Pages : 231 pages
Book Rating : 4.2/5 (646 download)

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Book Synopsis OECD Economic Outlook, Volume 2022 Issue 1 by : OECD

Download or read book OECD Economic Outlook, Volume 2022 Issue 1 written by OECD and published by OECD Publishing. This book was released on 2022-06-08 with total page 231 pages. Available in PDF, EPUB and Kindle. Book excerpt: The war in Ukraine is a major humanitarian crisis with associated economic shocks that threaten the post-pandemic recovery. The OECD Economic Outlook, Volume 2022 Issue 1, highlights the implications and risks for growth, inflation and living standards from higher commodity prices and potential disruptions to energy and food supplies, and discusses the associated policy challenges.

Russia and European Energy Security

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Publisher : CSIS
ISBN 13 : 9780892065554
Total Pages : 36 pages
Book Rating : 4.0/5 (655 download)

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Book Synopsis Russia and European Energy Security by : Keith C. Smith

Download or read book Russia and European Energy Security written by Keith C. Smith and published by CSIS. This book was released on 2008 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Distributional Implications of the Impact of Fuel Price Increases on Inflation

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Publisher : International Monetary Fund
ISBN 13 : 1616356154
Total Pages : 34 pages
Book Rating : 4.6/5 (163 download)

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Book Synopsis The Distributional Implications of the Impact of Fuel Price Increases on Inflation by : Mr. Kangni R Kpodar

Download or read book The Distributional Implications of the Impact of Fuel Price Increases on Inflation written by Mr. Kangni R Kpodar and published by International Monetary Fund. This book was released on 2021-11-12 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper investigates the response of consumer price inflation to changes in domestic fuel prices, looking at the different categories of the overall consumer price index (CPI). We then combine household survey data with the CPI components to construct a CPI index for the poorest and richest income quintiles with the view to assess the distributional impact of the pass-through. To undertake this analysis, the paper provides an update to the Global Monthly Retail Fuel Price Database, expanding the product coverage to premium and regular fuels, the time dimension to December 2020, and the sample to 190 countries. Three key findings stand out. First, the response of inflation to gasoline price shocks is smaller, but more persistent and broad-based in developing economies than in advanced economies. Second, we show that past studies using crude oil prices instead of retail fuel prices to estimate the pass-through to inflation significantly underestimate it. Third, while the purchasing power of all households declines as fuel prices increase, the distributional impact is progressive. But the progressivity phases out within 6 months after the shock in advanced economies, whereas it persists beyond a year in developing countries.

The Eurozone Crisis

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Publisher :
ISBN 13 : 9781907142932
Total Pages : pages
Book Rating : 4.1/5 (429 download)

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Book Synopsis The Eurozone Crisis by : Richard E. Baldwin

Download or read book The Eurozone Crisis written by Richard E. Baldwin and published by . This book was released on 2015 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Russo-Ukrainian Gas Dispute of January 2009

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Publisher :
ISBN 13 : 9781901795851
Total Pages : 66 pages
Book Rating : 4.7/5 (958 download)

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Book Synopsis The Russo-Ukrainian Gas Dispute of January 2009 by : Simon Pirani

Download or read book The Russo-Ukrainian Gas Dispute of January 2009 written by Simon Pirani and published by . This book was released on 2009 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Winning the Oil Endgame

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Publisher : Earthscan
ISBN 13 : 9781844071944
Total Pages : 340 pages
Book Rating : 4.0/5 (719 download)

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Book Synopsis Winning the Oil Endgame by : Amory B. Lovins

Download or read book Winning the Oil Endgame written by Amory B. Lovins and published by Earthscan. This book was released on 2004 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt: Enough about the oil problem. Here?s the solution.Over a few decades, starting now, a vibrant US economy (then others) can completely phase out oil. This will save a net $70 billion a year, revitalize key industries and rural America, create a million jobs, and enhance security.Here?s the roadmap ? independent, peer-reviewed, co-sponsored by the Pentagon ? for the transition beyond oil, led by business and profit.

NATURAL GAS AS AN INSTRUMENT OF RUSSIAN STATE POWER.

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Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (139 download)

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Book Synopsis NATURAL GAS AS AN INSTRUMENT OF RUSSIAN STATE POWER. by : Alexander Ghaleb

Download or read book NATURAL GAS AS AN INSTRUMENT OF RUSSIAN STATE POWER. written by Alexander Ghaleb and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: