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In 2019, over 96% of EU27 oil needs, nearly 90% of natural gas and over 43% of solid fuels were met by net imports, with the largest share coming from Russia (35% of oil, 40% of natural gas and 20% of solid fuels consumed in EU27). The decline in the share of oil since 2016 was more than off-set...
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On the basis of economic theory, what effects can globalisation be expected to have on trade and growth? Does the empirical evidence support this? What developments will the next phase of globalisation bring?
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followers. However, considering the globalization of the world economy, its effects might well be different from those expected. …
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macroeconomic fabric of nations. In the emergent borderless world macroeconomic theories and policy-making confront new challenges …
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