If we are to be successful in our goal of generating legal systems that genuinely serve to protect the integrity of Earth's ecosystems, it will be necessary to confront directly the growth model of progress that is currently driving the global economy toward ecological catastrophe. Since the...

After so many years of fruitless search for crude oil in the Ghana, in 2007 crude oil has been discovered in commercial quantities at the Jubilee offshore oil field. In fact, the offshore field is claimed to be the biggest find in offshore oilfields in West Africa in recent years. With examples...

The recent plunge in oil prices has brought into question the generally accepted view that lower oil prices are good for the United States and the global economy. In this paper, using a quarterly multi-country econometric model, we first show that a fall in oil prices tends relatively quickly to...

We examine the relationship between oil price fluctuations and economic activity in Azerbaijan using vector autoregressive models for the period 2002Q1-2018Q4. Our key results are as follows. First, quarterly GDP growth decreases after oil price innovations in both, the oil and gas sector and in...