Potential and Prospects for Regional Energy Trade in the South Asia Region
South Asian region is enjoying unprecedented economic growth. The growth, however, is becoming constrained by significant shortages in energy supply, and unless corrective steps are urgently initiated and implemented, it may be difficult to sustain...
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| Language: | English en_US |
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Washington, DC
2014
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| Online Access: | http://documents.worldbank.org/curated/en/2008/08/9996256/potential-prospects-regional-energy-trade-south-asia-region http://hdl.handle.net/10986/17537 |
| Summary: | South Asian region is enjoying
unprecedented economic growth. The growth, however, is
becoming constrained by significant shortages in energy
supply, and unless corrective steps are urgently initiated
and implemented, it may be difficult to sustain the achieved
growth rates. The region's political leaders and its
business community are increasingly recognizing the need to
foster cross-border energy investments and promote regional
energy trade in order to take full advantage of the energy
resources available within the region. This study describes
the potential and identifies the main opportunities for
development of regional trade in electricity and gas. The
study also identifies the policies that the governments
should pursue to promote cross-border energy trade and
describes the supporting role of the international financing
institutions. The author hope that the study will stimulate
further interest and contribute to development of energy
trade within South Asia Region and between the region and
its neighbors. |
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