Against the backdrop of the ongoing Middle East War, key questions arise regarding the immediate and longer-term implications of the conflict for African economies, particularly in terms of supply chain disruptions and commodity price volatility.
This webinar will address these issues through a case study of Guinea, examining the potential impacts on the country’s energy sector and outlining relevant policy response options.
Discussions will focus on: the analytical framework underpinning the study; trends in global energy prices and the effects of the war in the Middle East; Guinea’s energy profile, including recent trends in energy imports; exposure of Guinea’s economy to the Persian Gulf market through gold exports and petroleum product imports; analysis of the economic impacts of oil price and import volume shocks; and policy options to mitigate adverse economic and welfare effects and strengthen government capacity to manage price shocks.
