IMPACT OF OIL ON INTERNATIONAL TRADE
Journal Title: MANAGERIAL CHALLENGES OF THE CONTEMPORARY SOCIETY - Year 2018, Vol 11, Issue 1
Abstract
One of the most actual problems of the contemporary world economy is the energy issue. In the last hundred years, oil has been one of the most important goods traded, this product is crucial in defining national development strategies, and world politics. Increasing amount of energy required for economic and social development in recent decades has led to an intensification of the exploitation of energy resources and thus increases fuel production. Possibilities for classic energy resources offered by Terra limited scope of the research is to determine the development trends of the market of oil products in the world, the factors that determine these trends, the assessment of the conditions created in the sphere of national economy with main oil products, determine their impact social and economic development, highlighting the problems faced by this sector of the economy and the development of measures to help improve the situation in the sector.
Authors and Affiliations
T. KARIMOV, M. LAMAN, U. ABBUZARLI
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