The Impact of Rising Oil Prices on the World Economy

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Author :
Publisher : Springer
ISBN 13 : 1349063614
Total Pages : 217 pages
Book Rating : 4.3/5 (49 download)

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Book Synopsis The Impact of Rising Oil Prices on the World Economy by : Lars Matthiessen

Download or read book The Impact of Rising Oil Prices on the World Economy written by Lars Matthiessen and published by Springer. This book was released on 1982-06-18 with total page 217 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Economic Impact of Rising Oil Prices

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Publisher :
ISBN 13 : 9780317419993
Total Pages : pages
Book Rating : 4.4/5 (199 download)

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Book Synopsis The Economic Impact of Rising Oil Prices by : Julie G. Ranada

Download or read book The Economic Impact of Rising Oil Prices written by Julie G. Ranada and published by . This book was released on 1982 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

The impact of oil price dynamics on global economy

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Author :
Publisher : GRIN Verlag
ISBN 13 : 3668702942
Total Pages : 30 pages
Book Rating : 4.6/5 (687 download)

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Book Synopsis The impact of oil price dynamics on global economy by : Vivian Randhawa

Download or read book The impact of oil price dynamics on global economy written by Vivian Randhawa and published by GRIN Verlag. This book was released on 2018-05-14 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2014 in the subject Business economics - Trade and Distribution, grade: 1,7, Hamburg University of Applied Sciences, language: English, abstract: After oil was discovered in the late 19th century, oil prices were primarily determined first by the major petroleum companies and then by the oil-exporting nations, who joined forces in the Organization of Petroleum Exporting Countries (OPEC). In the 1960s, the market-oriented pricing system was adopted and since then oil prices are primarily formed by supply and demand. Oil prices are characterized by permanent price fluctuations. Especially rapid price rises and longer-term fluctuations are at the focus of many scientific work. Because oil is an indispensable resource for the global economy, the question arises after the economic impacts of such price developments. While oil- exporting countries benefit from strong price rises, oil- importing countries, with emerging countries leading the way, are negatively affected. The interplay of these opposite effects and the global economic situation are crucial for the net effect on global economy.

The Economic Impact of Rising Oil Prices

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Author :
Publisher :
ISBN 13 :
Total Pages : 68 pages
Book Rating : 4.:/5 (53 download)

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Book Synopsis The Economic Impact of Rising Oil Prices by : Julie G. Ranada

Download or read book The Economic Impact of Rising Oil Prices written by Julie G. Ranada and published by . This book was released on 1982 with total page 68 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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Author :
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 Impact of Rising Oil Prices on the World Economy

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Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (959 download)

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Book Synopsis The Impact of Rising Oil Prices on the World Economy by : Lars Matthiessen

Download or read book The Impact of Rising Oil Prices on the World Economy written by Lars Matthiessen and published by . This book was released on 1968 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Oil Price Developments - Drivers, Economic Consequences and Policy Responses

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Author :
Publisher : GRIN Verlag
ISBN 13 : 3640303040
Total Pages : 85 pages
Book Rating : 4.6/5 (43 download)

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Book Synopsis Oil Price Developments - Drivers, Economic Consequences and Policy Responses by : Nadine Pahl

Download or read book Oil Price Developments - Drivers, Economic Consequences and Policy Responses written by Nadine Pahl and published by GRIN Verlag. This book was released on 2009-04-16 with total page 85 pages. Available in PDF, EPUB and Kindle. Book excerpt: Research Paper (undergraduate) from the year 2007 in the subject Business economics - Economic Policy, grade: 1,0, University of Applied Sciences Berlin, course: General Economics, language: English, abstract: Oil prices are an important determinant of global economic performance. Crude Oil prices ranged between $2.50/bbl and $3.00/bbl from 1948 through the end of the 1960s. As of this day, the price for crude oil is $89.82/bbl. In general, spikes in oil prices are not unusual and are, to some extent, symptomatic of a gradual upward trend in daily oil price volatility. Volatile prices arise from supply and demand that are both highly inelastic in the short run, with the result that even small shocks can have large effects on price. But especially within the last few years, the oil price has continuously increased sharply - and to some extent unexpected. This recent sharp increase in the oil price prompts several questions: Why have oil prices risen? What is the impact on the global economy and on individual countries? How do oil importing countries cope with the higher prices? What are appropriate policy responses to stabilise the economy in face of high oil prices? And last but not least, what role does the Organisation of Petroleum Exporting Countries really play? To begin with, there is no doubt that the recent increase in oil price is mainly demand driven, combined with historically low excess capacity and heightened concerns about supply disruptions. And even without macroeconomic knowledge, everyone is aware that higher oil prices affect the economy as a whole and all its market participants. In the following, this paper analyses in detail the current main oil price drivers, their economic consequences and the possible policy responses - always framed by the volatility and uncertainty that characterise the oil market.

Oil Price Developments – Drivers, Economic Consequences and Policy Responses

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Author :
Publisher : GRIN Verlag
ISBN 13 : 3640297687
Total Pages : 78 pages
Book Rating : 4.6/5 (42 download)

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Book Synopsis Oil Price Developments – Drivers, Economic Consequences and Policy Responses by : Nadine Pahl

Download or read book Oil Price Developments – Drivers, Economic Consequences and Policy Responses written by Nadine Pahl and published by GRIN Verlag. This book was released on 2009-03-27 with total page 78 pages. Available in PDF, EPUB and Kindle. Book excerpt: Research Paper (undergraduate) from the year 2007 in the subject Business economics - Economic Policy, grade: 1,0, University of Applied Sciences Berlin, course: General Economics, language: English, abstract: Oil prices are an important determinant of global economic performance. Crude Oil prices ranged between $2.50/bbl and $3.00/bbl from 1948 through the end of the 1960s. As of this day, the price for crude oil is $89.82/bbl. In general, spikes in oil prices are not unusual and are, to some extent, symptomatic of a gradual upward trend in daily oil price volatility. Volatile prices arise from supply and demand that are both highly inelastic in the short run, with the result that even small shocks can have large effects on price. But especially within the last few years, the oil price has continuously increased sharply – and to some extent unexpected. This recent sharp increase in the oil price prompts several questions: Why have oil prices risen? What is the impact on the global economy and on individual countries? How do oil importing countries cope with the higher prices? What are appropriate policy responses to stabilise the economy in face of high oil prices? And last but not least, what role does the Organisation of Petroleum Exporting Countries really play? To begin with, there is no doubt that the recent increase in oil price is mainly demand driven, combined with historically low excess capacity and heightened concerns about supply disruptions. And even without macroeconomic knowledge, everyone is aware that higher oil prices affect the economy as a whole and all its market participants. In the following, this paper analyses in detail the current main oil price drivers, their economic consequences and the possible policy responses - always framed by the volatility and uncertainty that characterise the oil market.

The Economic Impact of the Oil Price Collapse

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Publisher :
ISBN 13 :
Total Pages : 128 pages
Book Rating : 4.0/5 (1 download)

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Book Synopsis The Economic Impact of the Oil Price Collapse by : United States. Congress. Joint Economic Committee. Subcommittee on Trade, Productivity, and Economic Growth

Download or read book The Economic Impact of the Oil Price Collapse written by United States. Congress. Joint Economic Committee. Subcommittee on Trade, Productivity, and Economic Growth and published by . This book was released on 1986 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Economic Impact of Oil Decontrol and OPEC Price Increase ..., Staff Evaluation

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Publisher :
ISBN 13 :
Total Pages : 42 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Economic Impact of Oil Decontrol and OPEC Price Increase ..., Staff Evaluation by : United States. Congress. Economic Joint Committee

Download or read book Economic Impact of Oil Decontrol and OPEC Price Increase ..., Staff Evaluation written by United States. Congress. Economic Joint Committee and published by . This book was released on 1975 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Economic Impact of Forthcoming OPEC Price Rise and "old" Oil Decontrol

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Publisher :
ISBN 13 :
Total Pages : 116 pages
Book Rating : 4.:/5 (327 download)

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Book Synopsis The Economic Impact of Forthcoming OPEC Price Rise and "old" Oil Decontrol by : United States. Congress. Joint Economic Committee. Subcommittee on Consumer Economics

Download or read book The Economic Impact of Forthcoming OPEC Price Rise and "old" Oil Decontrol written by United States. Congress. Joint Economic Committee. Subcommittee on Consumer Economics and published by . This book was released on 1976 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Economic impacts of the increase in crude oil prices

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Publisher :
ISBN 13 :
Total Pages : 113 pages
Book Rating : 4.:/5 (221 download)

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Book Synopsis Economic impacts of the increase in crude oil prices by : P. Nagy

Download or read book Economic impacts of the increase in crude oil prices written by P. Nagy and published by . This book was released on 1974 with total page 113 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Economic Effects of Recent Increases in Energy Prices

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Author :
Publisher : Government Printing Office
ISBN 13 :
Total Pages : 40 pages
Book Rating : 4./5 ( download)

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Book Synopsis Economic Effects of Recent Increases in Energy Prices by : John Peterson

Download or read book Economic Effects of Recent Increases in Energy Prices written by John Peterson and published by Government Printing Office. This book was released on 2006-08 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: NOTE: NO FURTHER DISCOUNT FOR THIS PRINT PRODUCT--OVERSTOCK SALE -- Significantly reduced list price while supplies last Analyzes the short-term macroeconomic effects of the recent rise in energy prices as well as the likely effects over the next ten years. Utility company personnel, American citizens and consumers, economists, and energy policy advocates may be interested in this volume to compare it to today's energy position and dependence in America. Middle school students and above may be interested in this volume for research papers. All libraries should have a copy of this text in their reference collections. Related products: International Energy Outlook 2016, With Projections to 2040 can be found here: https://bookstore.gpo.gov/products/sku/061-003-01167-5 New Realities: Energy Security in the 2010s and Implications for the U.S. Military is available here: https://bookstore.gpo.gov/products/sku/008-000-01093-5 Energy& Fuels resources collection can be found here: https://bookstore.gpo.gov/catalog/science-technology/energy-fuels Other reports produced by the U.S. Congressional Budget Office (CBO) can be found here: https://bookstore.gpo.gov/agency/237

The Past as Prologue II

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Author :
Publisher :
ISBN 13 :
Total Pages : 816 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis The Past as Prologue II by :

Download or read book The Past as Prologue II written by and published by . This book was released on 1982 with total page 816 pages. Available in PDF, EPUB and Kindle. Book excerpt:

International Dimensions of Monetary Policy

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Publisher : University of Chicago Press
ISBN 13 : 0226278875
Total Pages : 663 pages
Book Rating : 4.2/5 (262 download)

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Book Synopsis International Dimensions of Monetary Policy by : Jordi Galí

Download or read book International Dimensions of Monetary Policy written by Jordi Galí and published by University of Chicago Press. This book was released on 2010-03-15 with total page 663 pages. Available in PDF, EPUB and Kindle. Book excerpt: United States monetary policy has traditionally been modeled under the assumption that the domestic economy is immune to international factors and exogenous shocks. Such an assumption is increasingly unrealistic in the age of integrated capital markets, tightened links between national economies, and reduced trading costs. International Dimensions of Monetary Policy brings together fresh research to address the repercussions of the continuing evolution toward globalization for the conduct of monetary policy. In this comprehensive book, the authors examine the real and potential effects of increased openness and exposure to international economic dynamics from a variety of perspectives. Their findings reveal that central banks continue to influence decisively domestic economic outcomes—even inflation—suggesting that international factors may have a limited role in national performance. International Dimensions of Monetary Policy will lead the way in analyzing monetary policy measures in complex economies.

The Economic Effects of Recent Increases in Energy Prices

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Author :
Publisher :
ISBN 13 :
Total Pages : 40 pages
Book Rating : 4.:/5 (319 download)

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Book Synopsis The Economic Effects of Recent Increases in Energy Prices by :

Download or read book The Economic Effects of Recent Increases in Energy Prices written by and published by . This book was released on 2006 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Oil and the Economy

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Publisher :
ISBN 13 :
Total Pages : 120 pages
Book Rating : 4.:/5 (327 download)

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Book Synopsis Oil and the Economy by : United States. Congress. Joint Economic Committee

Download or read book Oil and the Economy written by United States. Congress. Joint Economic Committee and published by . This book was released on 2009 with total page 120 pages. Available in PDF, EPUB and Kindle. Book excerpt: