Spotlight on Globalization
Highlighting Current Issues in Globalization
Global Energy Security
The world energy markets are in turmoil with petroleum pricing hovering around $100 a barrel, continuing conflict in Middle East countries, Global Warming, increasing energy consumption in China and India. These issues and others have fueled the intensity of the policy debate over energy security and the best way to achieve it. The expanded demand for energy around the world is putting nations in competition with each other for global energy resources and challenging conventional ideas about what policies will be the most effective way to advance any individual nation's—and all nations'—energy security. The GWCSG supports research efforts to address some of the critical issues related to Global Energy Security.
Articles of Interest
"Recent economic indicators are frightening and raise serious concerns about the world economy in a globalizing world. Since August 2007, the US dollar has depreciated from 1.37 to 1.55 dollars per Euro, oil prices have jumped from 65 to 110 dollars per barrel to translate into higher prices of final goods and services, gold prices from 670 to 1000, and most other commodities and food prices have risen at unprecedented rates around the globe."
To continue reading Hossein Askari and Noureddine Krichene's piece Fed Policy and the Specter of Prolonged Global Stagflation please click here.
Working Papers
Title: Crude Oil Prices: Trends and Forecasts.
Authors: Hossein Askari, The George Washington University; Noureddine Krichene, International Monetary Fund
Date: 2007
Title: H2Power: Development of a Methodology to Calculate Life Cycle Cost of Small and Medium-Scale Hydrogen Systems
Authors: Laura E. Verduzco, Michael R. Duffey and Jonathan P. Deason, The George Washington University
Date: 2007
Title: Inflationary Trends in World Commodities Markets: 2003-2007
Authors: Hossein Askari, The George Washington University; Noureddine Krichene, International Monetary Fund
Date: November 2007
Title: Crude Oil Price Dynamics (2002-2006)
Authors: Hossein Askari, The George Washington University; Noureddine Krichene, International Monetary Fund
Date: November 2007
Title: World Crude Oil Markets: Monetary Policy and the 2004-05 Oil Shock
Authors: Hossein Askari, The George Washington University; Noureddine Krichene, International Monetary Fund
Date: November 2007
Title: A Short-Run Crude Oil and Natural Gas Model Incorporating Monetary Policy
Authors: Hossein Askari, The George Washington University; Noureddine Krichene, International Monetary Fund
Date: November 2007
Title: Political Risk and Real-Asset Values: M&A Evidence
Authors: Robert Weiner and Reid W. Click, The George Washington University
Source: Resources for the Future
Date: January 2007
Title: Energy Policy Act of 1992 and Executive Order 12149: Proposed Compliance Strategies and Process Improvements for Federal Agencies
Authors: Michael Helwig and Johnathan P. Deason, The George Washington University
Source: Resources for the Future
Date: December 2006
Title: Do Birds of a Feather Flock Together? Speculator Herding in the World Oil Market
Author: Robert Weiner, The George Washington University
Source: Resources for the Future
Date: June 2006
Title: Do Crises Tear the Fabric of Oil Trade?
Author: Robert Weiner, The George Washington University
Source: Resources for the Future
Date: March 2006
Title: Structuring Objectives to Facilitate Convergence of Divergent Opinion in Hydrogen Production Decisions
Authors: Elvin Yüzügüllü and Jonathan P. Deason, The George Washington University
Source: Resources for the Future
Date: January 2006
Title: Speculation in International Crises: Report from the Gulf
Author: Robert Weiner, The George Washington University
Source: Journal of International Business Studies
Date: July 2005
Title: The Gulf Crisis: Report from the Volatility Front
Author: Robert Weiner, The George Washington University
Date: March 31, 2003
Title: Default, Market Microstructure, and Changing Trade Patterns in Forward Markets: A Case Study of North Sea Oil
Author: Robert Weiner, The George Washington University
Source: Resources for the Future
Date: April 10, 2002
