Can Iraq Overcome the Oil Curse?
Robert E. Looney
Volume 7, Number 1, 2006, pages 21 - 44
A growing literature suggests that the oil sector and the allocation of its revenues is the critical variable in shaping both the economic structure and political systems of countries like Iraq. For the most part this literature focuses on the so-called “oil curse” or the “paradox of plenty.” ... Read more
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Hydropower in Bhutan and Nepal
Why the difference?
Jeremy Berkoff
Volume 4, Number 3, 2003, pages 121 - 142
Bhutan and Nepal have followed differing hydropower development strategies.
Bhutan has co-operated with India and power export earnings have helped fund a
broadly successful economic, environmental and social programme. In contrast,
Nepal turned to the World Bank and other donors to fund its powe ... Read more
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Five Centuries of Energy Prices
Roger Fouquet & Peter Pearson
Volume 4, Number 3, 2003, pages 93 - 119
Concerns about rising energy prices tend to occur in times of economic
expansion, to disappear in times of recession. A recurring fear is that, in the long
run, real energy prices will trend upwards. This paper presents evidence from
five hundred years of prices of energy sources for the United K ... Read more
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Valuing the Future
Recent advances in social discounting
David Pearce, Ben Groom, Cameron Hepburn & Phoebe Koundouri
Volume 4, Number 2, 2003, pages 121 - 141
One of the most controversial areas of economics is the practice of discounting:
attaching a lower weight to future costs and benefits than present costs and
benefits. Discounting appears to offend notions of sustainable development and
the interests of future generations. Recent advances in the ... Read more
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Is the Internet Better than Electricity?
Martin Brookes & Zaki Wahhaj
Volume 2, Number 2, 2001, pages 53 - 72
This article looks at the economic impact of electrification in the United States to
gain insights about the possible consequences of today’s information
technologies. A close study reveals that electrification significantly raised
productivity growth by spurring a redesign of the optimal factory ... Read more
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Technical Progress and Global Warming
The case for a technology policy
Dennis Anderson
Volume 1, Number 3, 2000, pages 81 - 99
The case is argued for a larger and more explicit role for technology policies in responding to climate change. Policies and institutions set up during the Cold War arms race could be reformed and redirected towards the goal of making renewable energy a viable competitor to carbon-emitting fuels. Pu ... Read more
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