The global recession and energy markets

Leonid Grigoriev
Authors registered in the RePEc Author Service: Leonid Markovich Grigoryev

No 1, CASE Network E-briefs from CASE-Center for Social and Economic Research

Abstract: In the years before the economic crisis, global demand for energy resources rose sharply, especially from developing countries. During the economic crisis, oil demand decreased for a short period. In forecasting post-crisis developments, it is reasonable to assume a future reduction in the elasticity of demand for energy in GDP growth as a result of government measures and technological progress.

Keywords: Energy sector; natural resources; economic crisis (search for similar items in EconPapers)
Pages: 4 Pages
Date: 2010-01
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