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Publication Laka-library:
Energy developments and policies of the Asian newly industrialized (1990)

AuthorNEA, IEA
DateApril 1990
Classification 6.01.0.20/53 (IMPORTANCE WORLDWIDE)
Front

From the publication:

I. INTRODUCTION

1. The Asian Newly Industrialized Economies (South Korea, Taiwan, Singapore
andHong Kong) are one of the economic growing centers in the world, having 
enjoyed a high economic growth for the last two decades. Their role in the world 
economy and trade has rapidly expanded. Better understanding of and coordination 
with the NIEs are essential to successful management of the world economy. This 
is also the basic notion that has launched the new contacts between the OECD and the 
Dynamic Asian Economies (four Asian NIEs plus Malaysia and Thailand) since the 
beginning of 1989.

2. The above mentioned is basically true of the energy sector of the NIEs. Increasing
energy demand in developing countries is worried by the IEA member countries as 
a possible disturbing factor to their energy security. The necessity of study on the 
energy developments in developing countries is strongly felt. With this background, 
the Special Project on Energy Outlook in Non -Member Countries started in 1989 in 
the IEA.
The motive of this paper, "Energy Developments and Policies of the Asian Newly
Industrialized Economies", is in line with the above-mentioned concerns.

3. The Asian NIEs are chosen in this paper for several reasons. One is the rapidity of
energy demand increase of the NIEs. "The NIEs, a possible serious disturbing factor 
to the energy security of the IEA member countries?" or "What kinds of impacts will 
they bring about on energy policies of the IEA member countries? " may be quite 
natural concerns in the face of the sharp increase in energy demand of the NIEs, 
which reflects their economic success. This paper studies the past developments 
and possible future energy supply and demand of the NIEs.

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