Impact of high oil prices on Global Economy !

To my mind, it's very important and interesting to understand the real impact of high oil prices on Global economy!

In fact, Oil prices still matter to the health of the world economy.

The main cause of that, is the policy of OPEP.

The result of OPEC supply-management policies contributed to the global economic downturn in 2000-2001 and is dampening the current cyclical upturn.

So, there are logical economic and political consequences.

You can read the entire Study here:

-->http://www.iea.org/textbase/papers/2004/high_oil_prices.pdf<--

It's a document written by
"International Energy Agency "
May 2006