This book investigates the impact of International Monetary Fund (IMF) programmes on macroeconomic instability and economic growth in recipient countries. Employing the New Institutional Economics approach as an analytical framework, it identifies the determinants of economic and political institutional quality by taking into account a broad variety of indicators such as parliamentary forms of …
Regarding the Arab region, GDP per capita virtually stagnated for more than 20 years from 1980. During the same period, GDP per capita in the world’s highly industrialized states further increased and the gap between the Middle East and North Africa (MENA) and the highly developed countries widened. However, the differences between Arab countries and the Western states exist not only economic…
Petroleum is a legislative term that includes oil, conventional gas and coal seam gas (CSG). However, the general term ‘petroleum and gas’ is often used to refer to both liquid petroleum and gaseous petroleum. The Petroleum and Gas (Production and Safety) Act 2004 and the Petroleum Act 1923 (collectively referred to here as the P&G Acts) authorise petroleum tenure holders to undertake ac…
An International Advisory Board recently met in Tokyo with the overarching goal of assessing the impact of satellite earth observation on society and policy. A series of roundtable discussions invited perspectives from experts to understand how Earth observations contribute to environmental and other policymaking, and how space agencies establish links between their programs, scientific advan…
This book examines the economics and related impacts of unconventional shale gas development. While focusing on the Marcellus and Utica Shales in the Mid-Atlantic region, additional insights from other regions are included to provide a broader view of these issues. Shale gas development in recent years has changed the energy discussion in the US, as existing reserves of natural gas coupled with…