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Working Paper 43 - Energy Sector Development in Africa

12-Feb-2002

The important and wide-ranging role of energy in the development process is well known and it needs no retelling here. However, suffice it to state that there is a strong feedback relationship between the energy sector and the national economy. Energy demand, supply and pricing have enormous impact on social and economic development and the living standards and overall quality of life of the population. On the other hand the economic structure and the changes in that structure as well as the prevailing macroeconomic conditions are key determinants of energy demand and supply. Furthermore, energy affects environmental quality through deforestation associated with unsustainable biomass energy dependence and greenhouse gas emission from fossil fuel use resulting in global warming

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