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Power, Poverty, and Progress: How Energy Effects Economic Development and Global Stability
78 minutes, 35.8mb, recorded 2007-07-07
Image caption: David Goldwyn and David Dollar
David Goldwyn and David Dollar

Aspen Institute
Aspen, CO
Jul 4th, 2007
[A video version of this presentation is available at Fora.tv]

Economic development, environmental health and global stability all hinge on wise management of global energy resources. Discussing the problems of energy poverty, David Goldwyn and David Dollar paint a positive picture on what developing countries and governments in the west can do to improve the state of energy use abroad and at home. Opinions are strong as the speakers face questions from the audience.

Goldwyn discusses the problems that energy poverty creates in developing countries, as well as some of the potential road blocks faced in improving the situation. He believes the three causes of continual failures in African economies are poor investment, knowledge and governance. He then looks to the actions that international cooperation should support. He suggests that a major goal of the US should be the end of energy poverty.

Dollar looks at the impact subsidized pricing of petroleum has in limiting economic development. With emerging economies on the cusp of building new structures and infrastructure, developed and developing countries will need to enforce their emissions standards if carbon emissions are to be curbed. Finally, the speakers face challenging questions from the audience on market intervention, the impact on rural communities, and a final stumper from a student.


Our publication of this program was made possible by the support of the following:

David Goldwyn is president of Goldwyn International Strategies LLC, an international energy consulting firm offering advice on issues such as political risk, economic sanctions, and corporate social responsibility. He is a senior fellow in the Energy Program at the Center for Strategic and International Studies and he serves on the Council of Foreign Relations Task Force on Energy Security. A former Assistant Secretary of Energy for International Affairs, he also served in the State Department's Office of the Under Secretary for Political Affairs. He is author of many publications on transparency in the oil sector and US strategic reserve policy.

David Dollar heads the China office of the World Bank. An authority on the effects of globalization, he has served as the Bank's director of development policy and has headed the macroeconmics and growth group in its research department. He has also served as its country director for Mongolia and policy advisor to Vietnam. He has written on topics such as trade openness, growth, and development, and he has been an assistant professor of Economics at UCLA and a visiting professor at the Chinese Academy of Social Sciences in Beijing.
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