Article

Alternative Energy as a New Factor of Economic Growth in the MENA

Publication status	published
Author(s)	Mikhail Borisov Affiliation:
Magazine	Восточная аналитика 2018 год № 1-2
Section	CONTENTS
Pages	134 - 141
Annotation	The Middle East and North Africa are not only the largest “custodian” of primary energy resources, but also their largest “energy sinker”. The extremely high energy intensity of regional GDP is a consequence of subsidizing energy which is part of the “social contract”. Excessive energy spending reduce the export potential of many countries and slows GDP growth. The way out of this situation is the accelerated development of alternative energy.
Keywords	renewable energy energy subsidies solar energy wind energy Middle East North Africa energy exports
Received	21.11.2022
Publication date
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