FEEM working papers "Note di lavoro" series
2012 .025

Energy-Based Economic Development: Prioritizing Opportunities for Developing Countries


Authors: Sanya Carley, Sameeksha Desai, Morgan Bazilian
Series: Energy: Resources and Markets
Editor: Giuseppe Sammarco
Keywords: Economic Development; Energy, Developing Countries, Sustainable Development
JEL n.: O10, O13, O21, Q48

Abstract

Energy-based economic development (EBED) can provide economic, social and environmental benefits related to national economic development and sustainable growth activities. As both policy and research interests in responsible mechanisms for economic development grow, EBED benefits are becoming increasingly attractive to planners in both developed and developing countries. The incentives, trade-offs, and payoffs for developing countries, however, are not well documented. To help address that gap, this paper identifies the general scope and role of EBED in a developing economy context, and outlines opportunities and challenges for decision-makers.

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