Go back

Opecs Dilemma And The Future Of Oil(1st Edition)

Authors:

Weshah Razzak

Free opecs dilemma and the future of oil 1st edition weshah razzak 1032784857, 978-1032784854
4 ratings
Cover Type:Hardcover
Condition:Used

In Stock

Shipment time

Expected shipping within 2 Days
Access to 10 Million+ solutions Free
Ask 10 Questions from expert 200,000+ Expert answers
7 days-trial

Total Price:

$0

List Price: $161.50 Savings: $161.5(100%)

Book details

ISBN: 1032784857, 978-1032784854

Book publisher: Routledge

Get your hands on the best-selling book Opecs Dilemma And The Future Of Oil 1st Edition for free. Feed your curiosity and let your imagination soar with the best stories coming out to you without hefty price tags. Browse SolutionInn to discover a treasure trove of fiction and non-fiction books where every page leads the reader to an undiscovered world. Start your literary adventure right away and also enjoy free shipping of these complimentary books to your door.

Book Summary: The UN’s Net Zero Goal Is To Limit The Rise In Mean Global Temperatures To 1.5°C By 2050. They Suggested That It Could Be Achieved By Reducing Global Emissions By 45 Percent By 2030 And Then To Zero By 2050. This Book Is A New Stress Test In Applied Econometric Analysis Of Oil-producing Countries. It Includes A Positive Economic Analysis Using A Sample Of 11 OPEC (Organization Of Petroleum Exporting Countries) Nations From 1970 To 2019; And Presents An Empirical Analysis Of OPEC’s Operating Model – The State-owned Oil Monopoly, Hence Its Dilemma. The Book Estimates A Production Function For Every OPEC Nation And Then Uses Counterfactual Scenarios To Show That OPEC 's Strategy To Peg The Price Of Oil By Cutting Oil Production By More Than 45 Percent By 2030, Results In A Reduction Of Permanent Income, Which Has Negative Macroeconomic Consequences, Such As On Social Welfare Losses. The Book Begins By Defining The Dilemma, Describing The Stylized Facts Of OPEC Economies And Oil Production Organizations, Their Political Environments, The Dominant Features Of These Economies Such As Oil Rent, Productivity; Oil Dependence, And The Long-run And Cyclical Correlation Between Oil And Output. It Provides A Microeconomic Foundation For The Macro Analysis By Testing The Monopoly Vs. Competition Price Mechanism. Finally, There Is A Discussion Of The Policy Options Available To OPEC To Deal With The UN’s Race To Zero. Students, Scholars And Researchers Will Benefit From The Innovative Ideas Presented In The Book And It Will Be A Useful Guide For Policymakers And Global Governance Experts.