The Potential Contribution of Natural Gas to Sustainable Development in South Eastern Europe
Article from: OGEL 2 (2007), in National and International Issues in Natural Gas Development
- The energy resources of South East Europe (SEE) are below the European average. Energy intensity throughout the region is higher than the world average and several times greater than the OECD average. However, most of the region's exports are energy intensive goods that create difficult problems for the terms of trade and the quality of economic development. - The economies of the region could be classified as foreign aid dependent since all of them have low employment of labor and capital and large trade deficits while exchange rates remain relatively ...