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This is one of the Threats identified during a SWOT analysis of the current world situation.

It is hard to over-emphasize the extent to which the world today relies for its energy on oil. If the rich nations (where most of the oil is burnt) were to stop using it, their economies would almost come to a halt. A huge investment will be needed to switch the world economy to a sustainable form of energy.

International trade is heavily weighted against the developing countries. Industrial governments refuse to accept UN proposals for fair terms of trade and reform of the international monetary system. Debt and falling prices means the poor are getting poorer.

 

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