MANILA (AFX-ASIA) – Rising energy prices may arrest growth in Pacific Rim economies, a study by an Asia-Pacific Economic Cooperation (APEC) forum warned. An APEC forum study on energy and security issues warned that “rising energy prices may cause growth in APEC economies to stall due to high oil import dependency and an inflexible energy…
MARKETS: Rising energy prices may stall economic growth in Pacific Rim; IEA raises growth forecast
Posted on June 18, 2004 by EnergyAsia