Posted: Mon May 30, 2005 2:53 pm Post subject: Macroeconomic Effects of an Oil Price Shock on the World
The Belgian Federal Planning Bureau publishes a study entitled The Macroeconomic Effects of an Oil Price Shock on the World Economy : A Simulation with the NIME Model. No coincidence that they publish it now.
Even though it takes only a macro-economic perspective of an "oil price shock" (and not of gradual and continuous decline in oil), it gives an interesting insight into what might happen to the world.
===========
The Belgian Federal Planning Bureau (FPB) is a public agency under the authority of the Prime Minister and the Minister of Economic Affairs. The FPB has a legal status that gives it an autonomy and intellectual independence within the Belgian federal public sector.
FPB’s activities are primarily focused on macroeconomic forecasting, analyzing and assessing policies in economic, social and environmental fields.
Joined: Nov 11, 2004 Posts: 978 Location: Heart of Canada's Oil Country
Posted: Mon May 30, 2005 3:29 pm Post subject:
Too bad they didn't also have a 50% and other higher price shock levels.
25% is manageable. _________________ Do not underestimate the difficulties of surviving the transition of peak oil, nor the dangers of global warming. We must embrace nuclear energy and renewables.
You cannot post new topics in this forum You cannot reply to topics in this forum You cannot edit your posts in this forum You cannot delete your posts in this forum You cannot vote in polls in this forum
News
Discussions
Resources
Members
Forum FAQ
Search
Usergroups
Profile
Log in to check your private messages
Log in
