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l INTEREST in the off-shore petroleum resources of South-East Asia was manifested in the 1960s when development in off-shore technol ogy allowed oil companies to search beyond prospective land areas. The dramatic increases in oil prices in the early 1970s but more particularly the events of 1973 and 1974, when world oil prices were quadrupled by the oil exporting nations and major supply cutbacks were experienced by certain developed nations, further heightened this interest. Cost/price relationships had not only improved and made off-shore oil in hitherto less attractive areas commercially prospective; nations that were net importers and whose international exchange reserves were strained b...
which may be termed 'political. risks'-may be important deter minants of investment. After taking such risks into consideration in the exploration and development stage, a firm computing the pres ent value of its probable income stream must consider several other factors. In addition to the current rate of production, it must con sider these: (I) engineering limits to the rate of extraction in any given period, (2) physical limits to the total amount of the resource that can be produced within a given location, and (3) limits to the availability of new petroleum sources at the same costs as at the present location. It might be useful at this point to note that the firm as an explo ration age...
The South China Sea Event Timeline aims to become the world’s most accurate and comprehensive chronological reference about the history of the South China Sea maritime territorial disputes. From major incidents at sea to meetings and statements of world leaders, events of all types are included in the event timeline, the complete volumes of which span over a century of history in the region. Today, the event timeline is one of the few indispensable sources of information to date for policymakers, researchers, students, the media, and others interested in the disputes.
First published in 1982. Wide-ranging and fully documented, this book is the first detailed study of the origins, contexts and consequences of the long-standing dispute between China, Taiwan, Vietnam and the Philippines over the Paracel and Spratly Archipelagos in the South China Sea - one of the world's most strategically important inter-ocean basins and China's southern maritime frontier. Samuels' analysis: * Highlights the impact of the shifting balance of power in Asia and the growing competition for oceanic resources * Examines the implications of the dispute in terms of the historical and modern role of china as a maritime power in Asia.
The Socialist Republic of Vietnam and the Law of the Sea analyzes Vietnam's policies on the law of the sea in relation to the country's overall foreign policy goals and its position at the center of the South China Sea geostrategic region. It examines Vietnam's claims in zones of maritime jurisdiction and its regulation of maritime activities in the context of the 1982 U.N. Convention on the Law of the Sea and against the backdrop of Vietnam's security interests, economic development, and regional leadership goals. The author explores Vietnam's maritime boundary disputes with its Southeast Asian neighbors and China and assesses their impact on regional stability. This is the first comprehens...
The main part of this volume is composed of papers commissioned for the Energy Pricing Policy Workshop held at Bangkok from 8 to 11 May 1984, co-ordinated by the U nited Nations Economic and Social Commission for Asia and the Pacific (ESCAP) and the Resource Systems Institute of the East-West Center. The Workshop, which involved high-level policy planners was financially sponsored by several from several Asian developing countries, organizations: the ESCAP Regional Energy Development Programme funded by the United Nations Development Programme; the European Economic Community; the International Labour Organisation; and the International Development Research Centre. Publication of these paper...
The author examines the measurement and conceptual issues that complicate analytical work in the energy demand field. Successful policy decisions depend on the use of appropriate data and analytic methods; because the demand side of the energy-economy interaction is highly complex, this study focuses on the more basic economic and energy concepts and methods in demand analyses. He critiques measures used to analyze the relationship of energy to economic growth and summarizes the various demand estimation methods and their results. Highlighting the problems faced by analysts in developing countries who often have limited time and inadequate data, she discusses the serious implications of basing policy decisions on questionable analytic methods and data.
With special reference to developing countries