Basic issues of energy and development: II

Journal Article · · J. Energy Dev.; (United States)

OSTI ID:5513957

Lambsdorff, O G

Disequilibrium characterizes world energy markets and makes it essential to use energy resources with more care. The author outlines essential policies for industrial, oil-exporting, and oil-importing developing countries to pursue. Industrial countries should let market forces encourage energy conservation and new source development. Oil-importing developing countries face the greatest risks of reducing imports to solve their balance-of-payments problem. They should be targeted to self-help projects. The oil-exporting developing countries seek to optimize limited resources, but they must recognize that they cannot gear oil supply exclusively to their own needs. If nations with conflicting interests can develop a climate of mutual trust, they will make more progress, since none can successfully cope without more harmony in the international economic structure. (DCK)

• OSTI ID: 5513957
• Journal Information: J. Energy Dev.; (United States), Journal Name: J. Energy Dev.; (United States) Vol. 7:1; ISSN JENDD
• Country of Publication: United States
• Language: English

Related Subjects

29 ENERGY PLANNING, POLICY, AND ECONOMY
290200* -- Energy Planning & Policy-- Economics & Sociology
COOPERATION
DEVELOPING COUNTRIES
ECONOMIC POLICY
ENERGY POLICY
ENERGY SUPPLIES
GOVERNMENT POLICIES
INTERNATIONAL COOPERATION
OIL-EXPORTING COUNTRIES
OIL-IMPORTING COUNTRIES