This paper provides an overview of the IEA's 1998 edition of the World Energy Outlook. It discusses the likely developments in global energy demand for the period to the year 2020. Special attention is paid to the power generation sector. Prospects for electricity generation are discussed in...

The weaknesses of the traditional measure of national output are well known and, in recent years, efforts to find more appropriate alternatives have intensified. One such methodology is the PPP approach which may capture the real value of the GDP. In general, this approach raises the incomes of...