Premature Deindustrialization: Economic Growth Then & Now

Written by Ryan McGuine // The conventional path for economic development has been to use industrialization — the process of increasing industry's relative contribution to total GDP and employment, at the expense of those of agriculture and services — as a means to enable rapid convergence. "Convergence" refers to a catch-up effect whereby countries that … Continue reading Premature Deindustrialization: Economic Growth Then & Now

How We Use Energy in 2018

Written by Ryan McGuine // In June, oil supermajor British Petroleum (BP) released its 2018 Statistical Review of World Energy, a summary of the trends observed in the energy industry during the prior year and the economic factors driving those trends. BP's Statistical Review is published annually and is considered a benchmark for the energy … Continue reading How We Use Energy in 2018