Book Description
This digital document is an article from APS Review Oil Market Trends, published by Pam Stein/Input Solutions on October 4, 2004. The length of the article is 413 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.Citation Details
Title: TURKMENISTAN - The Macro-Economic Implications.
Publication: APS Review Oil Market Trends (Newsletter)
Date: October 4, 2004
Publisher: Pam Stein/Input Solutions
Volume: 63 Issue: 14Distributed by Thompson Gale
Excerpt. © Reprinted by permission. All rights reserved.
The same is true in the case of the global economy. The impact of sustained high oil and natural gas prices will depend on the effectiveness of macro-economic policies implemented by the G7 industrial countries, with a G7 ministerial meeting in Washington on Oct. 1 having warned about the implications of current oil prices.
In conjunction with strategies promoting investment in new production capacity for oil, natural gas and other sources of energy, G7 macro-economic policies will influence the future course of fuel prices and power generation costs. The following factors should temper the impact of the current rise in prices on global economic conditions and prospects:
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