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CGEP_The impact of lower oil prices on the Mexican economy
CGEP_The impact of lower oil prices on the Mexican economy

... For 2015 the government has partially hedged its oil revenues. The hedging program, possibly the largest in the world, has two components: 1) a combination of Maya and Brent put options at an average strike price of $76.40 per barrel for the Mexican export mix, with a cost of $773 million; and 2) an ...
Searching for Hills among Plateaus, Mountains and Plains
Searching for Hills among Plateaus, Mountains and Plains

English - World Bank
English - World Bank

Press Release IMF publishes regional economic outlook for MENA
Press Release IMF publishes regional economic outlook for MENA

... aiming at raising growth rates through more inclusive growth with greater “pull up” effects, with job creation and higher productivity growth based on a growing role for the private sector, including through participation in infrastructure and development projects. We have the natural and financial ...
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Exam_one_4th_week

OPEC
OPEC

... • A decade after its formation (in 1970), OPEC became clearly the main dominant of the petroleum industry as the control of the Texas Commission and the Seven companies came to an end • 6 other nations joined OPEC by the end of 1971 being Qatar, Indonesia, Libya, United Arab Emirates, Algeria and Ni ...
Subject resources to minimum standards
Subject resources to minimum standards

... examining what the effects of such a policy would be on social security. The second challenge is that the Netherlands and Europe, even with a circular economy, will remain dependent on foreign natural resources. According to the researchers, these, too, must satisfy the minimum requirements for Peop ...


High oil prices
High oil prices

Issues in Domestic Petroleum Pricing in Oil
Issues in Domestic Petroleum Pricing in Oil

... Issues in Domestic Petroleum Pricing in OilProducing Countries Sanjeev Gupta IMF January 27, 2004 ...
South Sudan
South Sudan

Presentation Title
Presentation Title

Sustainable Development and North
Sustainable Development and North

Towards a Sustainable, Just and Efficient Economy in a Post Peak
Towards a Sustainable, Just and Efficient Economy in a Post Peak

... do work without low entropy energy No work = no economic production 86% of global energy use is fossil fuels 95% of nitrogen in our bodies was fixed by Haber process using natural gas ...
Oil in Southwest Asia: How “Black Gold” Has Shaped a Region
Oil in Southwest Asia: How “Black Gold” Has Shaped a Region

... oil producing countries. a. S.W. Asia members: Iran, Iraq, Saudi Arabia, Kuwait, Qatar, UAE. ...
Ecological Perspective BIOL 346/Ellen Ch1 Lecture
Ecological Perspective BIOL 346/Ellen Ch1 Lecture

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... • Middle East has shown second highest oil demand growth after China in recent years. Growth driven by population, strong GDP, low official fuel prices. • Near-term prospects for price liberalization for gasoline and distillates are limited. • The continued absence of sufficient power generation and ...
Lesson 1 Challenges of the 1970s
Lesson 1 Challenges of the 1970s

... Richard Nixon was elected President in 1968. He helped build better relations between the United States and the two largest Communist countries: China and the Soviet Union. In 1973, Israel was attacked by Egypt and Syria . Oil-producing countries that supported Egypt and Syria wanted to punish the U ...
Daniel Sherrell
Daniel Sherrell

... Africa through its oil are the international oil conglomerates who have been consistently implementing exploitative business policies that help themselves and hurt Africa. Instead of constantly conflicting ideals, there needs to be a symbiotic relationship between these companies and the African cou ...
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What is Economics?

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The Global Financial Crisis

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Stimson Center, Washington October 4, 2005. -
Stimson Center, Washington October 4, 2005. -

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PDF

Debts have locked many poor countries in vicious
Debts have locked many poor countries in vicious

Did Someone Die for that Diamond?
Did Someone Die for that Diamond?

... “Diamonds and their revenues play a key role in helping to develop Africa. They have made—and continue to make— significant contributions towards development and prosperity in a number of countries in Africa and elsewhere in the world. As a natural resource, rough diamonds represent one of the main ...
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Resource curse

The resource curse, also known as the paradox of plenty, refers to the paradox that countries and regions with an abundance of natural resources, specifically point-source non-renewable resources like minerals and fuels, tend to have less economic growth and worse development outcomes than countries with fewer natural resources. This is hypothesized to happen for many different reasons, including a decline in the competitiveness of other economic sectors (caused by appreciation of the real exchange rate as resource revenues enter an economy, a phenomenon known as Dutch disease), volatility of revenues from the natural resource sector due to exposure to global commodity market swings, government mismanagement of resources, or weak, ineffectual, unstable or corrupt institutions (possibly due to the easily diverted actual or anticipated revenue stream from extractive activities). The resource curse may not be universal for all countries with an abundance of natural resources, but on average, economies with abundant natural resources have tended to grow more slowly than natural-resource-scarce economies.
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