Oil price shock can have serious inflation consequences and, therefore, elicit timely response from the Central Banks (CB). Our paper analyses monetary policy to oil prices in 5 Asian EMDEs during 2008–2019. Not only these countries are heavily dependent on imports for their increasing demand oil, but also CBs of gradually adopted targeting (IT) framework policy. Therefore, it is imperative exa...

This study tests for structural breaks in the oil price–stock price nexus during Russia-Ukraine War, by focusing on Asian oil-importing countries. We find evidence of these economies. Also, regression results from different regimes show that spillover effects intensify some countries but decline others. The are mixed and panel estimation.

The rapid increasing the industrialization, motorization, in the world has remarkably raised the demand of the petroleum products. The reservations of such a petroleum based fuels are limited in the world. Furthermore, they are exhaustible and cost is rapidly increasing day to day. For those countries having not ability of petroleum recourses, are importing the petroleum fuels. So, it is quit n...

From perspective of energy security, this study focuses on oil-importing optimal decision based on multi-objective programming approach. Different from other models, country risk is considered as the main objective to minimize risk exposure of importing disruption. What is more, this model connects emergency management with programming, and optimal decisions are solved under different scenarios...

in this study, we assess the impact of oil price changes on the macroeconomic variables of some oil importers in oecd countries, including usa, italian, france and japan during the period 1960-2002. the results for different countries imply asymmetric impact of oil price changes on gdp growth rates; moreover, the results show that monetary shocks are an important and noticeable factor explainin...

In the perspective of oil-importers, this paper considers an extension of the Value at Risk approach incorporated with timevarying conditional volatility model to trace the actual dynamic risk of regional oil-importing portfolio caused by the country risk volatility. With an application to oil economies in the Former Soviet Union (FSU) region, empirical results show that the country portfolio r...

China’s economic ascendance over the past two decades has generated ripple effects in the world economy. Its search for natural resources to satisfy the demands of industrialization has led it to Sub-Saharan Africa. Trade between China and Africa in 2006 totaled more than $50 billion, with Chinese companies importing oil from Angola and Sudan, timber from Central Africa, and copper from Zambia....