In this paper, we examine the evolution and functioning of the traded gas market in Great Britain.1 We will begin by looking at the historical background and the reasons why a successful liberalised gas market was able to develop in Britain. We will look at the Network Code and the National Balancing Point and examine […]
Few areas of development economics have witnessed such a sharp correction to received wisdoms in a space of a few years as has infrastructure finance. Until the 1980s, especially in developing countries, the prevailing trend had been for governments and state monopolies to assume responsibility for the provision and finance of power. By the mid-1980s, […]
Argentina has a peculiar history. In the early 1900s, it was one of the leading countries in the world, but at the end of the century it more resembled a developing country. Argentina remains however the richest country in South America despite its economic decline, as measured by GDP per capita.
Following the referral of British Gas plc. (BG) to the Monopolies and Mergers Commission (MMC) in July 1992, the MMC spent one year on a wide-ranging enquiry into the UK gas industry and has written two separate but related reports: one under the 1973 Fair Trading Act, the other under the 1986 Gas Act. The […]
New OIES presentation on oil price shocks: Building a case for a sustained rise in oil prices based on geopolitical… https://t.co/g0V1Qc0sNh
Demand Shocks, Supply Shocks and Oil Prices: Implications for OPEC https://t.co/mWubAQ8fmi
The Geopolitics of East Med Gas: Hyped Expectations and Hard Realities https://t.co/2BOXoOzDnr
OIES paper on China’s growing gas import dependency: Given gas been playing a growing role in China’s plans to clea… https://t.co/GNQeFWpQT9