Power, Poverty, and Progress: How Energy Effects Economic Development and Global Stability

While countries with robust economies like the US and China can withstand wild fluctuations in energy price and supply, poorer countries cannot. Development economists at the World Bank and elsewhere have recognized this threat of "energy poverty" as particularly acute in Africa, Eastern Europe, and Central Asia, where soaring energy prices can put everyday necessities out of reach and reverse hard-fought economic gains, contributing to further poverty. How can developing countries take action to address "energy poverty"?

Festival: 2007

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