Exporting Countries (exporting + country)

Distribution by Scientific Domains


Selected Abstracts


Indonesia tries to reverse output decline

OIL AND ENERGY TRENDS, Issue 4 2007
Article first published online: 17 APR 200
Despite being a member of the Organization of the Petroleum Exporting Countries, Indonesia is a net importer of oil. Consumption is rising rapidly and output is declining. The country's plight is made worse by the fact that its gas production is falling as well, leaving it few options to improve its energy situation. [source]


Evidence that the terms of petroleum contracts influence the rate of development of oil fields

OPEC ENERGY REVIEW, Issue 1 2002
Mustafa Bakar Mahmud
This paper presents evidence that the main determinant of the rate of development of Libya's crude oil upstream activities, from 1961 to 1999, was the terms of the petroleum contractual agreements, which existed between the state and the international oil industry during that period, and that US sanctions against the Socialist People's Libyan Arab Jamahiriya failed to affect this rate of development. In keeping with other Members of the Organisation of the Petroleum Exporting Countries (OPEC), Libya has, over three decades, been a key player in helping to regulate global production levels of oil and gas. However, the economic and political strengths and weaknesses of individual Members of OPEC vary widely and it is inevitable that the stresses arising from adherence to OPEC policies will vary proportionately to these strengths and weaknesses. It is instructive, therefore, to analyse how successfully Libya has exploited its own petroleum resources. The results are thought-provoking and send signals to the superpowers of the futility of economic sanctions against countries whose political policies they find distasteful. Further, the analysis highlights the need for OPEC Members to be fully informed of the significance of the terms of the petroleum agreements they employ in their countries. [source]


Trade Linkages in Shrimp Exports: Japan, Thailand and Vietnam

DEVELOPMENT POLICY REVIEW, Issue 3 2006
Masahiro Kagawa
Considerable attention has been devoted to the social and environmental consequences of shrimp farming in the tropics, but relatively little has been given to the relationships involved in international trade in processed shrimp. Based on extensive field research, this article addresses this gap in the literature by examining the nature of the linkages between Japan, a major importer, and two major exporting countries, Thailand and Vietnam, underlying which are informal agreements rather than formal contractual relationships. It examines the rationale and operation of such informal agreements in the context of a dynamic market characterised by an international division of labour between Thailand (with an advanced food products industry) and Vietnam (just emerging into the world market). [source]


TERRORISM AND THE RETURNS TO OIL

ECONOMICS & POLITICS, Issue 3 2009
BROCK BLOMBERG
The effect of terrorism on global oil prices has been largely explained through demand-side effects. We estimate an empirical model to re-examine the effect of terrorism on the price of global oil stocks across oil market regimes that reflect different supply constraints. We believe that terrorism will have larger impacts when global capacity is tight (i.e. when global demand is close to global supply). This means that any shock to capacity (say by conflict) should have the largest impact on profits before the first OPEC shock in the early 1970s. Since then, conflict shocks would not allow firms to exploit production in the same way, thus reducing the available profits that could be garnered by such production manipulation. If capacity constraints are binding when a conflict occurs, then we predict that a positive stock price reaction can be expected for oil firms from such a shock. We exploit a new panel dataset to investigate the relationship between oil profitability and conflict, using conflict data from the top 20 oil producing and exporting countries in the world. We show that in the later part of our sample, 1974,2005, as cartel behavior of OPEC member countries has diminished and as conflict has become more regular and thus the information surrounding it noisier, oil stock prices do not increase in response to conflict. However, in earlier capacity constrained eras, we find that oil stocks can in fact increase in response to conflict. In some cases, the impact of conflict may cause the return of oil stocks to increase by as much as 10 percentage points. [source]


Can Remittances Spur Development?

INTERNATIONAL STUDIES REVIEW, Issue 1 2006
A Critical Survey
The increasing volume of global remittances has impressed policymakers and social scientists alike. Besides outpacing official development assistance and private capital flows, remittances have proven markedly stable and counter-cyclical. They represent an essential nondebt creating, safety-net vehicle administered by extended families and local communities rather than provincial and national governments. This essay surveys the recent pattern of remittances and critically examines the theoretical and empirical literature on their determinants and welfare impact. The argument is made that the developmental contribution of remittances can be significantly enhanced through complementary macroeconomic policies in labor exporting countries and financial innovations in remittance transmission. Enhanced policy coordination on temporary transnational worker migration,as facilitated by Mode 4 of the General Agreement on Trade in Services,can prove instrumental in helping remittances offset the traditional brain drain besetting developing economies. [source]


Climate Policy Beyond Kyoto: Quo Vadis?

KYKLOS INTERNATIONAL REVIEW OF SOCIAL SCIENCES, Issue 4 2005
A Computable General Equilibrium Analysis Based on Expert Judgments
Summary We investigate the possible future of Post-Kyoto climate policies until 2020. Based on a cross-impact analysis, we first evaluate an expert poll to identify the most likely Post-Kyoto climate policy scenarios. We then use a computable general equilibrium model to assess the economic implications of these scenarios. We find that Post-Kyoto agreements will include only small reductions in global greenhouse gas emissions, with abatement duties predominantly assigned to the industrialized countries, while developing countries remain uncommitted, but can sell emission abatement to the industrialized world. Equity rules to allocate abatement duties are mainly based on sovereignty or ability-to-pay. Global adjustment costs to Post-Kyoto policies are very moderate, but regional costs to fuel exporting countries can be substantial because of distinct terms-of-trade effects on fossil fuel markets. [source]