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Title: Causes and consequences of the 2021 energy crisis
Authors: Gutium, Tatiana
Keywords: energy crisis
natural gas
pricing policy
tariff policy
welfare of the population
politica tarifara
criza energetica
gaze naturale
Issue Date: 2021
Publisher: Artifex
Citation: GUTIUM, Tatiana. Causes and consequences of the 2021 energy crisis. In : Experience. Knowledge. Contemporary Challenges “Implications of the social-economic and ecological Paradigm on the power reports and global Governance”: international symposium, 9 th edition, 15th -16th December, 2021. Artifex University of Bucharest. Bucharest, 2021, pp. 98-106. ISBN 978-606-8716-62-6.
Abstract: The growth rates of the fuel and energy complex of countries exports energy resources are closely related to economic growth rates of countries imports these. The growth or decline in macroeconomic indicators of exporting and importing countries is accompanied by a change in energy balance and, accordingly, a change in the state of energy markets. This market is also influenced by the policies promoted by the world key players. Therefore, it is very important to investigate the causes and consequences of the 2021 energy crisis. The article systematizes the opinions of a number of economists about the causes of the energy crisis, provides evidence confirming the author's opinion on this subject of research and presents the expected consequences of the crisis both for the economy and for the welfare of the population. This study has been supported by the State Program 20.80009.0807.29 “Improving the application mechanisms of the innovative instruments oriented towards the sustainable growth of the well-being of population of the Republic of Moldova.”
Description: Referinţe bibliografice: pp. 105-106 (12 titl.). JEL Classification: D60, Q43.
ISSN: 978-606-8716-62-6
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