Vulnerability to Higher Oil Prices : Decomposition Analysis of One Hundred and 158 Countries between 2003 and 2008

This note examines changes in vulnerability to oil price increases over a five-year period ending in 2008. A decomposition analysis applied to one hundred and fifty-eight countries found that vulnerability had increased in eighty-two percent of countries, with more than half experiencing vulnerability exceeding five percent in 2008 and one fifth experiencing vulnerability exceeding ten percent. This document explores the background of the issue, and includes tabulation to indicate the countries with greatest vulnerabilities, decomposition results for Bank client countries in Africa, Europe and Central Asia, Latin America and the Caribbean, South Asia, and the Middle East and North Africa, and corresponding tabulation for non-IDA/IBRD countries.

Bibliographic Details

Main Author:	Kojima, Masami
Language:	English en_US
Published:	World Bank, Washington, DC 2011-06
Subjects:	APPROACH, COMMERCIAL ENERGY, COMMERCIAL ENERGY CONSUMPTION, CRUDE OIL, CRUDE OIL PRODUCTION, DIESEL, DOMESTIC CRUDE, DOMESTIC CRUDE OIL, DOMESTIC CRUDE OIL PRODUCTION, ECONOMIC DEVELOPMENT, ENERGY CONSUMPTION, ENERGY INTENSITY, FUEL, FUEL OIL, HIGHER OIL PRICES, INCOME, INTERNATIONAL ENERGY AGENCY, KEROSENE, NET OIL, OIL, OIL CONSUMPTION, OIL EXPORTER, OIL EXPORTS, OIL IMPORTS, OIL PRICE, OIL PRICES, OIL PRODUCERS, OIL PRODUCTION, OIL PRODUCTS, OIL USE, PRICE OF GASOLINE, PRICE OF OIL, REFINED PRODUCTS, WORLD OIL,
Online Access:	http://documents.worldbank.org/curated/en/2011/06/18686748/vulnerability-higher-oil-prices-decomposition-analysis-one-hundred-fifty-eight-countries-between-2003-2008 https://hdl.handle.net/10986/16970
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