Petrodollars
Petrodollar recycling is the international spending or investment of a country's revenues from petroleum exports ("petrodollars"). It generally refers to the phenomenon of major petroleum-exporting nations, mainly the OPEC members plus Russia and Norway, earning more money from the export of crude oil than they could efficiently invest in their own economies. The resulting global interdependencies and financial flows, from oil producers back to oil consumers, can reach a scale of hundreds of billions of US dollars per year – including a wide range of transactions in a variety of currencies, some pegged to the US dollar and some not. …
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CIGI: Centre for International Governance Innovation · 22 February 2024 English
Headquartered understanding of the socio-economic and technological in Waterloo, Canada, CIGI has received support impacts of digitalization and improve the quality and from the Government of Canada, the Government relevance …
economic inertia that has been fuelled globally by petrodollars in order to implement effective policies to …
ACUS: Atlantic Council of the United States · 23 January 2024 English
Then the bloc will have and pipeline blackmail at the hands of authoritarian to look outward: the global landscape is defined by the suppliers, of which Vladimir Putin’s Russia is …
may control the destiny of and international petrodollars at scale, European states’ Europe.”17 balance …
PCNS: Policy Center for the New South · 29 December 2023 English
Nevertheless, the growing geostrategic influence of the multipoles of the coalition of the Rest is still balanced off by the continuing military superiority in the Northern Atlantic on the plane …
non-communist world through the recycling of the ‘petrodollars’ from oil producers export surpluses back into … exchange, through the recycling of surplus OPEC petrodollars in U.S. financial markets. This petrodollar …
World Bank Group · 5 December 2023 English
This paper investigates the effects of real energy price shocks on the current account balances of 45 emerging market and developing economies using country-specific structural vector autoregression models. The empirical …
R., Hasanov, F., 2013. Global imbalances and petrodollars. The World Economy 36, 213–232. Backus, D …
World Bank Group · 1 December 2023 English
This paper investigates the effects of real energy price shocks on the current account balances of 45 emerging market and developing economies using country-specific structural vector autoregression models. The empirical …
R., Hasanov, F., 2013. Global imbalances and petrodollars. The World Economy 36, 213–232. Backus, D …
AFRODAD: African Forum and Network on Debt and Development · 14 November 2023 English
the ‘Exchange and Sharing Workshop’ (Dakar, September 2021), The ‘financial’ or ‘budget’ or ‘fiscal’ refers to the disclosure of wherein it was emphasised that the authorities should increase information on …
borrower category, but there lack of access to petrodollars, high interest rates, as well as variability …
Small Arms Survey · 13 October 2023 English
The peace The loans have been used to pay the salaries of security agreement and its SSR process have not improved the lives of the young women services allied to …
southern Sudanese society. It became dependent on petrodollars rather than popular support. Kiir’s regime used … more of the government’s way the regime diverts petrodollars. Central and Eastern Equatoria states and budget … Pibor Administrative Area payoffs are made with petrodollars. Such the Sudd Operating Company. IDP Internally …
CSEP: Centre for Social and Economic Progress · 27 September 2023 English
Asia is expected to incrementally con- coming years in the economic and po- tribute a higher proportion to global litical-strategic spheres? How will India India’s orientation to the East began …
terms, based not merely on costs but also on petrodollars to Russia while avoiding a the West, still led …
IMF: International Monetary Fund · 8 September 2023 English
This paper analyzes the cross-border risks that could result from a decarbonization of the world economy. We develop a typology of cross-border risks and their respective channels. Our qualitative and …
investment position implies fewer investment of petrodollars in international financial centers. The effects … fossil exporting countries could affect flows of petrodollars into international financial centers, notably … by Nsouli (2006), investment of oil exporter petrodollars in the U.S. may have helped keep U.S. long-term …
Federal Reserve Bank of New York · 21 July 2023
Journal of Future Economists articles may be reproduced for educational or training purposes, provided they are reprinted in full; include credit to the author(s), the publication, and the Bank; and …
Regional High School Allendale, N J Making CENTS of Petrodollars M O D E R ATO R : Is the petrodollar running … petrodollar? MLA 9th Edition EC O N O M I ST A H N : Petrodollars are U.S. dollars used to buy and sell oil. In … let me drill a bit deeper here – how do these petrodollars benefit our economy? EC O N O M I ST BA E : … question, what would the impact of these decreased petrodollars be on our domestic oil market? EC O N O M I … I ST K H O S L A : As the use of petrodollars decreases, so would the utilization of foreign oil. This …
