Low Oil Prices : Long-Term Economic Effects for the EU and Other Global Regions Based on the Computable General Equilibrium PLACE Model
Oil prices on global markets have plunged from United States (U.S.) $115 per barrel in mid-June of 2014 to U.S. $48 at end-January 2015, while other fuel prices have continued the slow downward trend of recent years. The rapid decline in oil prices...
| Main Authors: | , |
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| Format: | Working Paper |
| Language: | English en_US |
| Published: |
World Bank, Washington, DC
2015
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| Online Access: | http://documents.worldbank.org/curated/en/2015/06/24677885/low-oil-prices-long-term-economic-effects-eu-other-global-regions-based-computable-general-equilibrium-place-model http://hdl.handle.net/10986/22398 |