Economics and Politics of Energy in the Middle East and Eastern Europe

(Hardback)

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Energy policy has always been important to the population for stability and to advance technological progress and economic growth. The scope of energy discussions and concerns in the world have expanded significantly in the last several decades. In order to cope with accelerating pollution from fossil fuels, countries have increased investments in renewable energy power plants. However, the existing technology does not allow for the significant increase of the capacity of renewable energy facilities in a short period. As a result, in order to maintain economic growth, countries continue to be highly dependent on fossil fuels like oil, natural gas, and coal. At the same time, some countries start to encounter such problems as depletion of their oil and natural gas resources. The aim of this book is to analyze energy resources in the Middle East and Eastern Europe and relations between countries that appear as a result of new discoveries in this area.

Reviews

This book brings together ten original studies on economics and politics of energy in the Middle East and Eastern Europe. The country specific analyses, embedded in rich description of resource, economic and political environments aiming for sustainable development. The contributions to the book are a combination on in-country researchers with in-depth local knowledge to access to data and scholars with technical expertise and experience. This approach ensures the books appeal to academics and researchers in energy studies. The readers will find the analysis invaluable.

Growing concerns over environmental degradation due to fossil energy consumption in the last three decades have led to academic researchers providing insightful explanations and plausible solutions. This edited book extends and contributes to the existing literature with further fruitful discussions and suggestions with an interdisciplinary approach. I believe that both scholars and policymakers in the fields of energy and environmental economics would equally benefit from the content of this valuable research.

Author Bio

Aye Sevencan is assistant professor of economics at Yeditepe University.

Natalya Ketenci is professor of economics at Yeditepe University.