Oil Prices and Economic Development
Submission DeadlineMar. 10, 2020

Online submission system: http://www.sciencepublishinggroup.com/login

Lead Guest Editor
Faculty of Economics and Social Sciences, Szent Istvan University, Budapest, Hungary
Guest Editors
  • Headmound Isoe
    Department of Business Administration & Management, Technical University of Kenya, Nairobi, Kenya
  • Esther Nkatha
    Department of Accounting and Finance, The Catholic University of Eastern Africa, Nairobi, Kenya
  • Maria Fekete
    Faculty of Economics and Social Sciences, Szent Istvan University, Godollo, Hungary
  • Dr. Denis Muchangi
    Department of Business Studies, Kirinyaga University, Nairobi, Kenya
  • Gary McLean
    Department of Human Resource, Institute of Education and Human Development, University of Minnesota, Minnesota, USA
  • Marcos Ferasso
    Department of Business and Management, Unochapeco University, Chapeco Campus, Santa Catarina Region, Brazil
  • Prof. Zoltan Zeman
    Faculty of Economics and Social Sciences, Szent Itvan University, Budapest, Hungary
Introduction
Oil is one of the essential resources in the world and has a direct influence on the international commodity market. Emerging industrial markets such as Latin America, China and India tend to significantly influence the prices of oil since they require more and more to support their economic growth and the resultant rise in energy consumption. Crude oil being a valuable commodity is, however, limited and the supply cannot be increased further. It is becoming increasingly difficult to establish and develop new oil reserves in recent years. As a result, there has been a tremendous and continuous increase in the prices of oil throughout the whole continent. It has a strong influence on international economic development. So far, crude oil is the world’s most important source of energy, and its price has, therefore, a direct impact on industrial and economic development. The continuous increase in the prices year in year out has had an adverse effects on how businesses are done. This special issue therefore will provide empirical and primary research on issues related to oil prices and its effects on economic development.
Aims and Scope:
  1. Oil Prices
  2. Share Prices
  3. Forein Direct Investment
  4. Economics Crisis
  5. Economic Development
  6. Interest Rates
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