Energy demand in Asian developing economies

Energy demand in the developing Asian economies is central to world energy markets and to greenhouse gas emissions.

Before the 1997 financial crises these were the fastest growing regions in the world.

Their financial crises disrupted world energy markets and at the Kyoto summit their unwillingness to agree CO2 targets was a major obstacle to combating global warming.

This text reviews the relevant economic and econometric theory, introduces some econometric techniques, and uses these techniques to analyze energy demand by each economy individually and the region as a whole, by sector, by industry, and by fuel.

The models are then used to produce forecasts of energy demand until 2015.

The serious policy implications of these forecasts for the political economy of these countries and for global economic processes are then analyzed.