Sustaining Economic Expansion in Pakistan in an Era of Energy Shortfalls: Growth Options to 2035
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Authors
Looney, R.E.
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Date of Issue
2007
Date
2007
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Abstract
Pakistan’s recent economic acceleration together with rapid rates
of population growth is having a significant impact on the country’s
energy supply/demand balances. Energy supplies in turn affect the
pace and pattern of the country’s economic expansion. Drawing on
the empirically-based complex links between energy and the economy,
several alternative scenarios of growth and energy needs are
developed in an attempt to answer several key questions. In particular,
what are some of the key interrelationships between sources
of energy demand and supply? What are the economic growth consequences
of alternative energy availabilities and, in turn, how do
these growth patterns affect the subsequent energy supply and demand
patterns? What energy strategies are suggested by the interconnection
between the country growth requirements and energy
needs? Are these significantly modified under rising or falling energy
prices? Based on this analysis, several guidelines are drawn for
the country’s future energy policy.
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Article
Description
OPEC Review, 2007.
Refereed Journal Article
Refereed Journal Article
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Citation
Looney, R.E., “Sustaining Economic Expansion in Pakistan in an Era of Energy Shortfalls: Growth Options to 2035,” OPEC Review, 2007.
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This publication is a work of the U.S. Government as defined in Title 17, United States Code, Section 101. Copyright protection is not available for this work in the United States.