28.5.oil price increase official
TRANSCRIPT
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Group 8: Nguyen Hong Ngoc
Pham Thi Phuong Thu
Nguyen Thi Trang
Oil price increase
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Contents
Causes1
Influences2
Solutions3
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Import oil price in 2010-2011
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Causes:
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Root causes
Direct causes
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Root causes:
Political
instability in
the Middle
East & North
Africa
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Root causes:
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Earthquake, Tsunami in
Japan & New Zealand, and floodin Australia
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In Japan
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In New Zealand
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In Australia
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Direct causes:
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The policy of Iraq Government
Libya Civil War
Significant recovery of the global economy
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AD-AS Model
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From 2017 on
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6,5- 7 m
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Initial target
12m
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The world leading crude oil exporter
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5.4
2.4 2.3 2.1
0
1
2
3
4
5
6
Russia Arab Saudi Iraq Nigeria
Source: IEA, 2011
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Libya Civil War
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Global economic recovery
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Global economic recovery
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Global economic recovery
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INFLUENCES
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Rising manufacturing cost
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Process
Transportation
Oilprice
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Rising selling price
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Decline in demand
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Unemployment
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Inflation
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INFLUENCES
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From businesses view
1, Keep prices +Size of
production
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From businesses view
More shift works More salaries
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70%+ 30%
Capacity
70%
Capacity
100% +plan newmarketingstrategies
Situation1
Normalcondition
Situation2
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From businesses view
2, Prices + Plan newmarketingstrategies
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From businesses view
More customers More Sales
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Alternative sources
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Alternative sources
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FROM MACROECONOMIC VIEW
1.Reduceimport taxes on oil.
2. Establishthe oil stabilization fund
3. Build
the healthy competition.
Protect
SMEs & oilconsumers
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