Financing the energy needs of developing countries

Journal Article · Fri Jan 01 04:00:00 EST 1982 · Annu. Rev. Energy; (United States)

DOI:https://doi.org/10.1146/annurev.eg.07.110182.000545· OSTI ID:5143473

Pachauri, R K

Most discussions of the energy problems of developing countries are characterized by a great deal of inexactness, oversimplication, and generalization, which emanate from the complex and diverse nature of the subject. Technically, the Kingdom of Saudi Arabia, even with its capital surplus is also a developing country, and those concerned with its future development may justifiably regard the transition to solar energy as an important goal for this desert kingdom, which not only has an abundance of energy underground but also a bounty of solar energy on its land surface. Whereas financing energy developments in nations with a capital surplus, like Saudi Arabia, presents no problem at all, other developing nations today are struggling to maintain political and economic stability in the face of mounting bills for oil imports and the high cost of devloping indigenous energy resources. Many of these latter countries now find their plans limited by a paucity of financial and other resources, having already stretched their capabilities for domestic savings, earnings from exports, and borrowings from the international banking system. Even though there is a rising awareness of third world energy problems in the West, enough research and debate has still not taken place. The importance of this subject lies not in its appeal to those with a charitable and generous disposition.

• Research Organization: Tata Energy Research Institute, Bombay
• OSTI ID: 5143473
• Journal Information: Annu. Rev. Energy; (United States), Journal Name: Annu. Rev. Energy; (United States) Vol. 7; ISSN AREND
• Country of Publication: United States
• Language: English

Related Subjects

29 ENERGY PLANNING, POLICY, AND ECONOMY
299001* -- Energy Planning & Policy-- Solar-- (1989-)
ASIA
CAPITAL
DEVELOPING COUNTRIES
ENERGY
ENERGY SOURCE DEVELOPMENT
ENERGY SOURCES
FINANCIAL ASSISTANCE
FINANCIAL INCENTIVES
FINANCING
PUBLIC ENTERPRISES
RENEWABLE ENERGY SOURCES
SAUDI ARABIA
SOLAR ENERGY