The Oil Shock in East Asia
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From the IMF’s Asia Pacific Department, a blog “Asia’s Economic Resilience Is Being Tested by the Energy Shock”, two tables of interest: Oil and natural gas import dependence and intensity.
First, net imports of oil and gas as a share of GDP, ranked from top to bottom. Singapore, Thailand, and Korea are at the top, but India and Japan are not so far behind.
With Brent averaging $94/bbl in March, compared to $71 in February, a 32% increase. Brent inn April through 4/20 a
First, net imports of oil and gas as a share of GDP, ranked from top to bottom. Singapore, Thailand, and Korea are at the top, but India and Japan are not so far behind.
With Brent averaging $94/bbl in March, compared to $71 in February, a 32% increase. Brent inn April through 4/20 a
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