Oil Price Shocks and Renewable Energy: A policy Overview of Asian Economies

Misbah Hameed Qureshi; Shujaat Farooq

doi:10.52700/pjh.v4i1.143

Authors

Misbah Hameed Qureshi Pakistan Institute of Development Economics, Islamabad, Pakistan
Shujaat Farooq Pakistan Institute of Development Economics, Islamabad, Pakistan

DOI:

https://doi.org/10.52700/pjh.v4i1.143

Keywords:

Oil, Price, Energy, Asian economics, Policy

Abstract

This study aims to investigate and compare the national energy policy in Asian countries by probing deeply in the policies and energy overview of developing Asian economies i.e., .Japan, India, Pakistan, Sri Lanka, Malaysia, Indonesia, Vietnam, Bangladesh, Korea, Philippines, Singapore, Thailand. This study further investigates the reliability of these economies on oil and natural gas for the fulfillment of domestic energy needs and adoption of renewable energy. The comparison of energy policies exhibited that these countries differ in the implementation of energy policies due to geographical difference, difference in the development level and their pursuance of these policies with different objectives and policies.