The influence from a demand perspective with real economic activity: China versus the United States in world oil markets

Submitted by Luat Do on
EfD Authors:

In this paper, we provide direct evidence for an increasingly critical role of China in the world oil markets. Specifically, our empirical results confirm that the influence of China's oil demand on the oil price of the world has increased over time and surpassed that of the United States. The contribution of demand perspective from China are formally quantified by three key variables of world oil market, which are world oil production, real economic activity and the real price of crude oil.

Energy

Rethinking electricity trade in the Greater Mekong Subregion

Submitted by Luat Do on
EfD Authors:

Boosting cross-border electricity trade offers an important way for the Greater Mekong Sub-region (GMS) countries to improve their ability to meet the region’s increasing electricity demand in an economically advantageous, environmentally sustainable, and socially just manner. Regional interconnectivity could also result in more stable and efficient grid systems due to geographical diversification of electricity generation.

Energy, Policy Design

Inclusive Green Economy Policy Review for Rwanda

Submitted by Petra Hansson on

In order to achieve Agenda 2030, we need to get the economic incentives right and make sure to leave no one behind. In other words, we need a transformation towards an inclusive green economy. Such transformation requires increased knowledge of, and capacity to apply, policy instruments such as bans, taxes, fees, subsidies, permits, and refund systems that generate incentives for an inclusive green economy. The Inclusive Green Economy (IGE) Program aims to strengthen the country and regional capacity of green economy transformation in Ethiopia, Kenya, Rwanda, Tanzania, and Uganda.

Agriculture, Climate Change, Land, Policy Design, Waste