This report analysed the key socioeconomic vulnerabilities to and likely impact of oil price and supply shocks on developing countries, and recommended a broad set of mitigation strategies and policies for ameliorating these impacts. The areas covered included the energy system, transport, agriculture, macro-economy and socioeconomic welfare. The report included detailed oil shock vulnerability assessment case studies on Malawi, Nigeria, South Africa and India.
United Kingdom’s Department for International Development
Oil Shock Mitigation, Sustainability in the African Context