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

More on this Session

Watch and Listen: World

The spring of 2018 marked the 15th anniversary of the US invasion of Iraq, and the war in Afghanistan has gone on long... See more
Historically, globalization has been characterized by cross-border flows of resources and products. Financial exchanges... See more
Lost amid the coverage of China’s rise is the incredible story of the billions of young people coming of age in India,... See more
The crown prince Mohammed bin Salman has embarked on the social and economic renewal of Saudi Arabia, launching a... See more
The United States is not a particularly happy country, according to the World Happiness Report. Issued annually by the... See more
Most of us probably harbor preconceived notions about refugees. Maybe it’s a misunderstanding about what drove them... See more

Pages