
Price Shock: What $200 Per Barrel Oil Would Mean for Asia
The Russian invasion of Ukraine has increased global oil market volatility. The economic impact of another oil price shock, should it materialize, would be significant.
Prior to joining ADB, he was an Assistant Professor at the Lebanese American University and a Lecturer at the Australian National University (ANU). He specializes in policy-oriented research centered around macroeconomic aspects of economic development, especially in resource-rich developing countries. He holds a PhD in Economics from the ANU.
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The Russian invasion of Ukraine has increased global oil market volatility. The economic impact of another oil price shock, should it materialize, would be significant.
As new virus outbreaks emerge in developing countries in Asia, vaccines are changing the nature of the pandemic by rendering COVID-19 a much less deadly disease. Governments are responding with milder containment measures.
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