Energy and Economic Growth
As the world struggles to come out from a global economic decline and financial crisis, countries are looking for solutions to upgrade domestic economic performance and put people back to work. Global energy demand and prices have been resilient throughout the recession, leading policy-makers in countries with the potential to produce energy to look to that sector as a potential engine for economic furtherance. The energy sector constitutes a relatively modest share of GDP in most countries, except for those in which gas and oil income loom large. However, the energy sector’s impact on the economy is greater than the volume of its parts. Most importantly, energy is an input to nearly every good and service in the economy. For this reason, reasonable and stable energy prices are beneficial to reigniting, sustaining and expanding economic growth.
- Capital
- New products and services
- Political institutions, property rights, and rule of law
- Growth phases and sector shares
- Business cycle
- Income equality
- Energy Efficiency
- Energy Recovery Technologies
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Energy and Economic Growth Conference Speakers
Recommended Sessions
- Applications of Energy Engineering
- Atmospheric Electricity
- Economics of Energy Infrastructure
- Electric Power Transmission and Distribution
- Energy and Economic Growth
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