International Conference on Eurasian Economies
17-18 September 2013 – St. Petersburg, RUSSIA
Paper detail
Paper ID : 836
Status : Paper published
Language : Turkish
Topic : Natural Resources and Environment
Presenter: Prof. Dr. Recep Kök
Session : 0A Opening Session
An Evaluation of the Potential of Energy Economies in Eurasia
Avrasya'da Enerji Ekonomileri Pontansiyeli Üzerine Bir Değerlendirme
- Prof. Dr. Recep Kök (Nişantaşı University, Türkiye)
Abstract
The basic hypothesis of this evaluation is how efficient the natural resource-rich countries use rents they can create so much sustainable welfare; how inefficient they use the rents, they will be subject to a welfare loss. When we consider the case of energy profile in the case of Eurasia in the scale of inventory, fossil oil, natural gas, coal and water reserves should be examined primarily. Shortly after, examining the distribution of the natural resource will be beneficial. In fact, it would be possible to develop more efficient policy propositions than the potential situation if we take into account the caring of the transportation/trade infrastructure and the infrastructure that enables a larger scale production through the current production and distribution channels. In this study, the results of different experiences acquaired till today will be elaborated. Some indicators will be given place with reference to the importance of R/P ratio. The priority condition for Eurasian countries to catch the contemporary civilization is directly related with the efficiently sustainable and steadily utilization of natural resources. Briefly, the evaluation of all propositions which are parts of the responsibilities of making projections for the future, especially with the historical mission of Turkey, will make contribution to the social peace as well as the welfare of people living in this region.
JEL codes: L60
Kök, Recep (2013). "An Evaluation of the Potential of Energy Economies in Eurasia" in Proceedings of International Conference of Eurasian Economies 2013, pp.22-22, St. Petersburg, RUSSIA.
DOI: https://doi.org/10.36880/C04.00836
