Speech given at Session 3: Challenge Facing Resource Development. Ms. King focused on some of the uncertainties, changes, risks, and opportunities from the viewpoint of the private financial sector, again with regard to energy. She also highlighted some of the uncertainties in the specific sectors. And there are big differences between electricity and natural gas, on one hand, and oil, on the o...

India being an agricultural economy, packaging will play a prominent role in food related sector. Processed food sector will be a major purchaser of packaging supplies. Transportation of milk, food grains and commodities like tea, coffee, edible oil over long distances and under changing climatic conditions is a major challenge to the packaging industry. Fruits and vegetables are perishable and...

This paper suggests a new methodology for evaluating technological change in a multi-sector general equilibrium framework. The double calibration technique was applied to an ex post decomposition analysis of technological change between two periods, enabling a distinction to be made between price-induced and factor-biased technological changes for each sector. The method is applied to an empiri...

In this research, a model is designed to assess the effect of banking facilities over private sector investment. In this model, private investment is a function of non-oil GDP, and with a time lag, of import of capital goods, investment of public sector and the real facilities granted by the banking system to the private sector. The effects of the model indicate a meaningful effect of the ...

There has been much attention paid to oil security in China in recent years. Although China has begun to establish its own strategic petroleum reserve (SPR) to prevent potential losses caused by oil supply interruptions, the system aiming to ensure China's oil security is still incomplete. This paper describes and provides evidence for the benefits of an auxiliary strategic oil policy choice, w...

Introduction The Joint Programme (JP) was designed as a pilot project to address the issues of the oil seeds sector indicated in the Master Plan. The JP worked to showcase development of an efficient oil seed value chain that would promote entrepreneurship, provide capital and services to farmers, raise demand for agricultural products and connect farmers with markets, addressing the production...

The international oil companies (IOCs) in Nigeria have expressed concern over the federal government’s intention to change the laws governing the oil and gas industry including the fiscal terms. They claim that the proposed fiscal terms will affect their bottom line and trigger uncertainties in their investments in the upstream sector. Therefore, this research was conducted with the aim of eval...