By Tilak K. Doshi

ISBN-10: 9814620394

ISBN-13: 9789814620390

Singapore had, through the Eighties, emerged as one of many world's nice oil refining and buying and selling centres, with the "East of Suez" area inside of its sphere of effect. The city-state's policy-making went opposed to the grain in a lot of its perform of financial improvement. It ensured that power items have been obtained and offered within the household industry at basically international costs, unlike the typical perform in constructing international locations of subsidizing strength fuels for social fairness. with no drop of oil of its personal, Singapore additionally controlled to draw huge overseas investments within the capital-intensive oil refining and petrochemical production sectors in an export-oriented technique. This was once at a time whilst governments of such a lot newly autonomous international locations have been busy attempting to advertise heavy through protectionist exchange rules and import-substituting industrialization. the aim of this publication is two-fold. it's meant to introduce a bunch of energy-related discussions proper to a much wider team of readers who don't "do power" for a residing, but are keenly attracted to realizing the numerous complexities of contemporary commercial societies which have to stability monetary, environmental, and safety priorities of standard voters. it's also intended to function an introductory evaluation of key energy-related concerns, with a selected relevance for small complex international locations akin to Singapore.

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