What is the impact of high oil prices on the global economy? (Part 2 of 3)

10 April 2012

The second set of slides continues to focus on the global impact of the current oil price.

Slides (part 2): Impact of high oil prices on the economy

  • Annual expenditure on net imports of oil
  • Europe: Rising energy prices compound the pain of austerity
  • Fukushima adds to the economic impact of higher oil prices in Japan
  • As China continues to grow, the impact of high energy prices is keenly felt