Energy Security in Times of Economic Transition

Lessons from China

Yao Lixia

Emerald

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9781839824654

20 January 2021

$110.99

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9781839824647

20 January 2021

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9781839824661

20 January 2021

$110.99

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Contents
About

As China has shifted from a planned to a market-oriented economy, it has adjusted its energy policies accordingly. As a result, the Chinese energy industry has now gone through more than seventy years of transformation. Yet to date no single work has sought to assess the key factors driving these changes and their effects on China’s energy security, even though such questions have implications for assessments of the world’s energy security.

Energy Security in Times of Economic Transition addresses this gap. Juxtaposing a domestic perspective with a wider, pan-energy-industry view, Yao Lixia explores trends in the evolution of China’s energy policy since its inception in 1949 and discusses the relations between policy changes and macroeconomic reforms. Then, by employing a new, ground-breaking quantitative framework for evaluating energy security, Yao crucially shows that macroeconomic reform did not improve China’s energy security over the first three decades of the reform period but in fact restricted China from developing more effective energy policies. This insight ultimately suggests lines of inquiry that can be extended to research in other countries, especially those in the midst of economic transition.

For its detailed history of China’s energy policy and its novel, widely applicable methodology for evaluating energy security, this book is a must-read for researchers and postgraduate students in economics, security studies, political economy, and international political economy.

Chapter 1. Into the Landscape Chapter 2. Energy Security: Concepts, Frameworks and Indicators Chapter 3. Quantitative Analysis of Energy Security in China Chapter 4. Energy Policy in China since Its Reform and Opening up Chapter 5. The Impact of Economic Reforms on the Energy Sector and Energy Security Chapter 6 . Belt and Road Initiative and China’s Energy Security: Can China Be More Energy Secured? Chapter 7. Conclusion

Yao Lixia is a Senior Research Fellow at the Energy Studies Institute at the National University of Singapore. Her research focuses on the relations between politics, economics, and energy security throughout Asia.