The Decade of Energy Policy: Policy Analysis in Oil-Importing Countries

The Decade of Energy Policy: Policy Analysis in Oil-Importing Countries

The Decade of Energy Policy: Policy Analysis in Oil-Importing Countries

The Decade of Energy Policy: Policy Analysis in Oil-Importing Countries


This volume offers a policy-by-policy perspective on national energy management in the major oil-importing countries of the world. Relying on a political economy perspective, the authors identify and explain the principle kinds of energy which have been implemented in industrialized and underdeveloped countries. The book provides a comparative analysis of these policy areas, drawing materials from Europe, North and South America, Africa and Asia to illustrate the dilemmas and opportunities for energy policies in the 1980's.


This book provides a unique policy-by-policy approach to energy decision making by oil importer countries throughout the world. Whether large or small, rich or poor, socialist or capitalist, importers have resorted to a finite number of supply-and-demand policies over the last ten years in their effort to adjust to the international energy shocks of the 1970s and 1980s.

We try to account for the similarities, as well as the differences, in public policy toward the major fuels—oil, gas, coal, nuclear, renewables—and toward conservation. We also try to give the reader a sense of the individual countries' peculiar energy-relevant institutional, political, and economic features. But we have deliberately avoided fuel-by-fuel or country-by-country analysis, believing a policy-centered approach to be the most instructive.

We center our attention on the major importers, including key industrialized countries—the United States, Japan, Germany, the United Kingdom, France, and Canada, as well as developing countries, such as Brazil, India, Kenya, and Korea. We use country-specific information to clarify policy categories through national examples, but do not attempt to describe the detailed energy policy of any single country. the narrative is organized in each section to deal separately with the United States, then the other industrialized nations, and thirdly with the developing countries. This arbitrary division of these groups of nations will be convenient for readers with specific country or regional interests.

The Decade of Energy Policy focuses on the alternatively halting and hurried course of energy policy making between 1973 and 1983. We show how government officials in the major importing nations were forced to adjust their national policies both to the ups and downs of the volatile international oil market, and to its changed industrial structure.

Now, in hindsight, it is clear that no other problem burst forth so suddenly to confront private citizens and public officials during the last ten years. No other issue wrought such massive changes in our capital markets, inflation rates, and unemployment statistics. the sums involved were staggering, with

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