Publication: The Vulnerability of African Countries to Oil Price Shocks : Major Factors and Policy Options, The Case of Oil Importing Countries
dc.contributor.author | Bacon, Robert | |
dc.contributor.author | Mattar, Adib | |
dc.date.accessioned | 2014-04-22T20:57:46Z | |
dc.date.available | 2014-04-22T20:57:46Z | |
dc.date.issued | 2005-08 | |
dc.description.abstract | Apart from a few oil exporters, Sub-Saharan Africa consists of a large number of low-income countries, many of which are highly dependent on oil imports as a source of primary energy. The purpose of this study is to provide information on a number of aspects of energy and oil use in these countries, with a view to highlighting the vulnerabilities of the different countries against sustained or even increasing oil prices, and explore some of the policy implications. The topics investigated are: 1) How vulnerable is each country at present to a sustained oil price rise measured in terms of the ratio of net oil imports to gross domestic product (GDP), and in terms of its ability to pay as indexed by the ratio of net external debt to GDP? 2) What are the energy and oil intensities of the economies and what are the recent trends (measured by the ratio of energy use to GDP)? Can countries expect that energy and oil intensity will rise or fall as the level of development improves? 3) What is the oil fuel dependence of the economy, and what is its recent history (measured as the share of the use of oil and oil products in total primary energy use)? What has been the pattern of use of other fuels? What distinguishes Africa from other regions is its almost complete reliance on imported oil (apart from the net oil exporters) and its very high oil fuel dependence for its primary energy consumption besides biomass. This report shows that net oil importing countries of Sub-Saharan Africa are highly vulnerable to oil shocks, have the highest ratio of external debt to GDP and the lowest per capita income. | en |
dc.identifier | http://documents.worldbank.org/curated/en/2005/08/6329730/vulnerability-african-countries-oil-price-shocks-major-factors-policy-options-case-oil-importing-countries | |
dc.identifier.doi | 10.1596/18009 | |
dc.identifier.uri | https://hdl.handle.net/10986/18009 | |
dc.language | English | |
dc.language.iso | en_US | |
dc.publisher | World Bank, Washington, DC | |
dc.relation.ispartofseries | Energy Sector Management Assistance Program working paper series;ESM 308/05 | |
dc.rights | CC BY 3.0 IGO | |
dc.rights.uri | http://creativecommons.org/licenses/by/3.0/igo/ | |
dc.subject | AMOUNT OF OIL | |
dc.subject | BARREL | |
dc.subject | BIOMASS | |
dc.subject | BIOMASS USE | |
dc.subject | COAL | |
dc.subject | CRUDE OIL | |
dc.subject | CRUDE OIL PRICES | |
dc.subject | DEMAND FOR ENERGY | |
dc.subject | DEMAND FOR OIL | |
dc.subject | DOMESTIC OIL PRODUCTION | |
dc.subject | DOMESTIC USE | |
dc.subject | EFFICIENCY OF ENERGY | |
dc.subject | EFFICIENCY OF ENERGY USE | |
dc.subject | END USERS | |
dc.subject | ENERGY CONSUMPTION PER CAPITA | |
dc.subject | ENERGY DEMAND | |
dc.subject | ENERGY INTENSITY | |
dc.subject | ENERGY INTENSIVE | |
dc.subject | ENERGY MARKETS | |
dc.subject | ENERGY PLANNERS | |
dc.subject | ENERGY PRACTICES | |
dc.subject | ENERGY SECURITY | |
dc.subject | ENERGY USE | |
dc.subject | FUEL | |
dc.subject | FUEL SUBSTITUTION | |
dc.subject | FUELS | |
dc.subject | GAS | |
dc.subject | GAS PIPELINE | |
dc.subject | HIGHER OIL PRICES | |
dc.subject | HYDROCARBONS | |
dc.subject | INCOME | |
dc.subject | INTERNATIONAL ENERGY AGENCY | |
dc.subject | OIL | |
dc.subject | OIL DEMAND | |
dc.subject | OIL EXPORTERS | |
dc.subject | OIL EXPORTING | |
dc.subject | OIL EXPORTING COUNTRIES | |
dc.subject | OIL IMPORT | |
dc.subject | OIL IMPORT BILL | |
dc.subject | OIL IMPORTERS | |
dc.subject | OIL IMPORTING | |
dc.subject | OIL IMPORTING COUNTRIES | |
dc.subject | OIL IMPORTS | |
dc.subject | OIL PRICE | |
dc.subject | OIL PRICE CHANGES | |
dc.subject | OIL PRICES | |
dc.subject | OIL PRODUCERS | |
dc.subject | OIL PRODUCTION | |
dc.subject | OIL PRODUCTS | |
dc.subject | OIL SECTOR | |
dc.subject | OIL SHOCK | |
dc.subject | OIL SHOCKS | |
dc.subject | OIL USE | |
dc.subject | PER CAPITA INCOME | |
dc.subject | PETROLEUM | |
dc.subject | PETROLEUM PRODUCT | |
dc.subject | PETROLEUM PRODUCT PRICES | |
dc.subject | PETROLEUM PRODUCTS | |
dc.subject | PIPELINE | |
dc.subject | POWER GENERATION | |
dc.subject | PRICE ELASTICITIES | |
dc.subject | PRICE OF OIL | |
dc.subject | PRIMARY ENERGY | |
dc.subject | PRIMARY ENERGY CONSUMPTION | |
dc.subject | PRIMARY ENERGY SOURCE | |
dc.subject | SUB-SAHARAN AFRICA | |
dc.subject | SUSTAINABLE ENERGY | |
dc.subject | TOTAL CONSUMPTION | |
dc.subject | TOTAL PRIMARY ENERGY CONSUMPTION | |
dc.subject | URBANIZATION | |
dc.title | The Vulnerability of African Countries to Oil Price Shocks : Major Factors and Policy Options, The Case of Oil Importing Countries | en |
dspace.entity.type | Publication | |
okr.crosscuttingsolutionarea | Jobs | |
okr.date.disclosure | 2005-10-06 | |
okr.date.doiregistration | 2025-05-05T11:58:52.854618Z | |
okr.doctype | Publications & Research::ESMAP Paper | |
okr.doctype | Publications & Research | |
okr.docurl | http://documents.worldbank.org/curated/en/2005/08/6329730/vulnerability-african-countries-oil-price-shocks-major-factors-policy-options-case-oil-importing-countries | |
okr.globalpractice | Environment and Natural Resources | |
okr.globalpractice | Energy and Extractives | |
okr.globalpractice | Trade and Competitiveness | |
okr.globalpractice | Energy and Extractives | |
okr.guid | 320221468204861308 | |
okr.identifier.externaldocumentum | 000160016_20051006163048 | |
okr.identifier.internaldocumentum | 6329730 | |
okr.identifier.report | ESM308 | |
okr.language.supported | en | |
okr.pdfurl | http://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2005/10/06/000160016_20051006163048/Rendered/PDF/esm3080PAPER0v1ty0african0countries.pdf | en |
okr.region.administrative | Africa | |
okr.topic | Energy::Energy Demand | |
okr.topic | Energy::Energy and Environment | |
okr.topic | Oil Refining and Gas Industry | |
okr.topic | Environment::Environment and Energy Efficiency | |
okr.topic | Rural Development::Rural Land Policies for Poverty Reduction | |
okr.topic | Industry | |
okr.unit | Office of the Regional Vice Pres (AFRVP) | |
okr.volume | 1 of 1 |
Files
License bundle
1 - 1 of 1