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Asian Energy Outlook to 2020 : Trends, Patterns and Imperatives of Regional Cooperation

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  • Kokichi Ito

    (RIS)

  • Li Zhidong
  • Ryoichi Komiyama

Abstract

With booming economic growth Asia will play increasingly important role in global economic and energy matters. World primary energy consumption is projected to expand at an average annual growth rate of 2.1 percent by 2020. About 70 percent of the increase would be accounted for by non-OECD member economies, two thirds of which are from the Asian region. The increase in demand for oil in Asia will most likely amplify the dependency on shipments from other regions (particularly the Middle East). Ensuring energy security would therefore turn out to be a vital task. In Asia (particularly East Asia), the achievement of the three Es (economic development, energy security, and environmental preservation) could no longer be viewed as a task to be addressed by each economy separately. Instead, it should be approached through regionwide cooperation - a goal of common interest.

Suggested Citation

  • Kokichi Ito & Li Zhidong & Ryoichi Komiyama, 2005. "Asian Energy Outlook to 2020 : Trends, Patterns and Imperatives of Regional Cooperation," Energy Working Papers 22130, East Asian Bureau of Economic Research.
  • Handle: RePEc:eab:energy:22130
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    References listed on IDEAS

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    5. Bruce, Neil & Ellis, Gregory M., 1993. "Environmental taxes and policies for developing countries," Policy Research Working Paper Series 1177, The World Bank.
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    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    Energy; global economy; Asia; energy security; economic development; energy security; environmental preservation;

    JEL classification:

    • Q41 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Demand and Supply; Prices
    • Q43 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy and the Macroeconomy

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