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p. 24 of 25 BACK | NEXT Foreword, Acronyms and Abbreviations, Definitions I. Developing Asia and the world II. Economic trends and prospects in developing Asia III. The challenge of higher oil prices Adjusting to higher oil prices: The challenge for developing Asia Why are oil prices so high? Why high oil prices matter Policy responses to higher oil prices Long-term responses Conclusions Selected references Statistical appendix

Asian Development Outlook 2005 Update : III. The challenge of higher oil prices

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Selected references

Goldman Sachs. 2005. "Reassessing long-term oil prices: Finding a new equilibrium." Global Commodity Research. 17 August.

International Energy Agency. 2004. "Analysis of the Impact of High Oil Prices on the Global Economy." Paris. Available: http://www.iea.org/textbase/papers/2004/high_oil_prices.pdf.

International Monetary Fund (IMF). 2000. "The Impact of Higher Oil Prices on the Global Economy." Research Department. Washington, DC. December. Available: http://www.imf.org/external/pubs/ft/oil/2000/oilrep.PDF.

------. 2005. "Oil Market Developments and Issues." Policy Development and Review Dep't. Washington, DC. 1 March.

International Trade Centre. 2005. International Trade Statistics. Available: http://www.intracen.org/tradstat/welcome.htm, downloaded 1 August.

United Nations Development Programme/World Bank Energy Sector Management Assistance Programme (UNDP/ESMAP). 2005. "The Impact of Higher Oil Prices on Low Income Countries and on the Poor." Washington, DC.

Verleger, P.K., Jr. 2005. "Energy: A Gathering Storm?" in The United States and the World Economy: Foreign Economic Policy for the Next Decade, edited by C. Fred Bergsten and the Institute for International Economics, pp. 209-246, chapter 7, Washington, DC. Available: http://www.iie.com/publications/chapters_preview/388/7iie3802.pdf.

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