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来源类型 | Working Paper |
规范类型 | 工作论文 |
The political economy of Middle East and North Africa oil exporters in times of global decarbonisation | |
Simone Tagliapietra | |
发表日期 | 2017-04-11 |
出版年 | 2017 |
语种 | 英语 |
概述 | Middle East and North Africa (MENA) oil exporting countries are still not adequately equipped to prosper in a decarbonising world. Decarbonisation should therefore represent an incentive for MENA oil exporters to pursue structural processes of transition from rentier to production states. |
摘要 | This paper was produced within the framework of the Bruegel- OCP PC joint conference, with the kind support of Compagnia di San Paolo. Endowed with half of the world’s known oil and gas reserves, the Middle East and North Africa (MENA) region is a cornerstone of the global energy architecture. This architecture is currently undergoing a structural transformation, prompted by two different forces: decarbonisation policies and low-carbon technology advancements. The energy literature offers no comprehensive analysis of the potential impact of the global energy transformation on the MENA region. This paper seeks to fill this gap by investigating the following research question: are MENA oil exporting countries equipped to prosper in times of global decarbonisation? Making use of the Rentier State Theory and of a business-as-usual projection of the exploitation of oil resources in MENA countries, we highlight on the lack of incentives for MENA oil exporters to pursue paths of economic diversification. On the basis of a scenario-based analysis, we illustrate that, should the Paris Agreement on climate change be implemented, MENA oil exporters would see their oil rents decline over the next few decades. MENA oil exporting countries are still not adequately equipped to prosper in a decarbonising world. Therefore, decarbonisation should represent an incentive for MENA oil exporters to pursue structural processes of transition from rentier to production states. |
主题 | Energy & Climate |
关键词 | Decarbonisation energy Mediterranean region oil Paris Agreement |
URL | https://bruegel.org/2017/04/the-political-economy-of-middle-east-and-north-africa-oil-exporters-in-times-of-global-decarbonisation/ |
来源智库 | Bruegel (Belgium) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/429624 |
推荐引用方式 GB/T 7714 | Simone Tagliapietra. The political economy of Middle East and North Africa oil exporters in times of global decarbonisation. 2017. |
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WP-2017_05.pdf(1923KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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