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Journal articles on the topic "Namibian Economic Policy Research Unit"
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Jellenz, Moritz, Vito Bobek, and Tatjana Horvat. "Impact of Education on Sustainable Economic Development in Emerging Markets—The Case of Namibia’s Tertiary Education System and its Economy." Sustainability 12, no. 21 (October 23, 2020): 8814. http://dx.doi.org/10.3390/su12218814.
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The research’s fundamental investigation elaborates on interactions between tertiary educational factors and Namibia’s sustainable economic development. Sequential mixed-research-method guides the investigation towards its results: A quantitative statistical data analysis enables the selection of interrelated educational and economic factors and monitors its development within Namibia’s last three decades. Subsequent qualitative interviews accumulate respondents’ subjective assessments that enable answering the fundamental interaction. Globally evident connections between a nation’s tertiary education system and its economic development are partially confirmed within Namibia. The domestic government recognizes the importance of education that represents a driving force for its sustainable economic development. Along with governmental NDP’s (National Development Program) and its long-term Vision 2030, Namibia is on the right track in transforming itself into a Knowledge-Based and Sustainable Economy. This transformation process increases human capital, growing GDP, and enhances domestic’s living standards. Namibia’s multiculturalism and its unequal resource distribution provoke difficulties for certain ethnicities accessing educational institutions. Namibia’s tertiary education system’s other challenges are missing infrastructures, lacking curricula’ quality, and absent international expertise. The authors’ findings suggest that, due to Namibia’s late independence, there is a substantial need to catch up in creating a Namibian identity. Socioeconomic actions would enhance domestic’s self-esteem and would enable the development of sustainable economic sectors. Raising the Namibian tertiary education system’s educational quality and enhancing its access could lead to diversification of economic sectors, accelerating its internationalization process. Besides that, Namibia has to face numerous challenges, including corruption, unemployment, and multidimensional poverty, that interact with its tertiary education system.
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Semenets, А., D. Tiurina, Yе Kuzkin, and O. Yarmak. "STATISTICAL RESEARCH ON LOCAL BUDGET’S REVENUE FORMATION AMIDST DECENTRALIZATION." Financial and credit activity: problems of theory and practice 1, no. 36 (February 17, 2021): 310–19. http://dx.doi.org/10.18371/fcaptp.v1i36.227916.
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The article deals with economic and statistical research on the latest trends in local budget’s revenues caused by the decentralization reform, as well as the identification of its key problems, such as: significant differentiation in the regions’ fiscal capacity, arising due to a number of factors (social, geographical, resource, legislative ones); the regions’ dependence on central authorities due to the lack of effective mechanisms for devolution, hampering the efficiency and reducing the expediency of delegating certain functions; the insufficient level of the regions’ fiscal capacity; and finally, finding the ways of solving the abovementioned problems. These problems can be solved by creating conditions for increasing the local budgets’ own revenues in the face of limited budget funds. The state regional policy, having been carried out for decades, has created the regions’ deep dependence on the center and their lack of incentives to develop on their own by designing mechanisms to use the potential of Ukraine’s regions effectively. The recent decentralization policy is aimed at eliminating these negative trends. The success of this policy can only be ensured by improving and reforming the local government financing system. Local budgets are the main tool by which local authorities implement the program of social and economic development of a region. But at present, the mechanism of local budget formation is inefficient. This statement can be confirmed by the fact that the amount of financial assets in the local budget is insufficient to conduct an independent program of social and economic development. The structure and composition of local budget revenues have been studied on the basis of statistical information, their impact on the social and economic development of Ukraine’s regions has been determined. The research allows to conclude that successful implementation of the decentralization policy requires an individual approach to the formation of each administrative and territorial unit, a thorough study of economic sufficiency and independence of this unit, as well as research on social and economic development of this unit, as a whole.
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Filipenko, Anton, Olena Bazhenova, and Roman Stakanov. "ECONOMIC SANCTIONS: THEORY, POLICY, MECHANISMS." Baltic Journal of Economic Studies 6, no. 2 (May 15, 2020): 69–80. http://dx.doi.org/10.30525/2256-0742/2020-6-2-69-80.
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The purpose of the article is to analyze the theory and practice of international economic sanctions. The application of international economic sanctions and debate about their effectiveness and scale of losses are now at the centre of international politics. Analysis of key factors, mechanisms and socio-economic consequences of economic sanctions in the world economy need a conceptual understanding. The subject of the research is international economic sanctions. According to known practice, economic sanctions policy is based largely on the discretionary approach of using, as required, a policy of rigid rules, which is clearly reflected in the mechanisms, means and instruments of its practical implementation. Economic sanctions are the integral part of international economic policy, implemented through the theory of public (rational) choice, structural theory (cost-issue model), decision-making theory, the theory of coordination and cooperative games, etc. The hierarchical nature of the mechanism for the application of sanctions is available in three main levels: global, regional and national. There are three types of economic sanctions: trade, investment or financial ones, and so-called targeted sanctions or “smart” sanctions (transportation and communications restrictions). The case of introduction of economic sanctions, especially by supranational bodies of international integration organisations, namely the EU, is of particular importance for economic policy coordination. The specific consequences of imposing economic sanctions take on various socio-economic dimensions, the main ones of them indeed being the economic growth rates. The economic sanctions demonstrate how the individual countries, regional and international organizations react on huge violations of human rights, sovereignty of countries, international law in general. Methodological basis of the research comprise the list of theoretical and empirical methods of research; in article, the analysis of recent research publications subject under the discussion has been provided, the results obtaining with statistical data have been compared, the practical recommendations, received on the base of survey results have been suggested. To examine how the Iranian economy responds to sanctions imposed by the US and other countries we have constructed vector autoregression model. To test the variables of the model for unit root we have used augmented Dickey-Fuller, Phillips-Perron and Kwiatkowski–Phillips–Schmidt–Shin criteria, which have shown that almost half of the indicators are first-order integrated, with the rate of inflation and investment, in relation to GDP, GDP growth rate, imports of goods and services and oil rent are stationary, that is zero-order integrated. The US sanctions have increased oil price fluctuations in the Middle East region. The results of the study have shown that economic sanctions nowadays are a comprehensive tool in global economic wars, which effectiveness largely depends on the ratio of the economic power of the sanction imposing country to the sanctioned one.
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OUYANG, B. C., and H. RAU. "AN ECONOMIC PRODUCTION LOT SIZE FOR CONTINUOUS DECREASE IN UNIT PRODUCTION COST." Asia-Pacific Journal of Operational Research 25, no. 05 (October 2008): 673–88. http://dx.doi.org/10.1142/s0217595908001948.
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It is common that prices of raw materials, parts or products decrease significantly after they come onto the market. High technology products are good examples, such as PCs, CPUs, DRAM, and mobile phones. Consequently, the traditional economic production quantity (EPQ) model assuming a constant unit production cost is no longer suitable for today's time-based competition. This study incorporates linearly and exponentially decreasing unit production costs during the mature stage of a product life cycle and presents a mathematical inventory model for production policy. A recursive algorithm is developed to obtain the optimal production schedule and a one-dimension search method is applied to find the optimal number of production cycles. In addition, numerical examples to illustrate the proposed model and its significance with or without considering a continuous reduction in unit production costs for the production policy are discussed as well.
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Ali, Hina, Malka Liaquat, Noreen Safdar, and Saeed ur Rahman. "Economic Growth, Inflation and Monetary Policy in Pakistan: Preliminary Empirical Estimates." Review of Applied Management and Social Sciences 4, no. 2 (May 21, 2021): 321–33. http://dx.doi.org/10.47067/ramss.v4i2.132.
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In economic policy, construction Inflation is a core variable to be considered that determines the economic activity. To make a suitable monetary policy, it is very essential to check the price level and later on, many other variables are considered to achieve the goal. This study aims to reveal the affiliation of inflation on the growth of economic activities in Pakistan. Time series data set for the period 1989-2020 was used to have the empirical estimates. Augmented Dickey Fuller Unit Root Test is employed to check the unit root of the time series and Auto Regressive Distributive Lag techniques are used for empirical estimates. The present research uses Inflation as a dependent variable and Gross Domestic Product, Interest Rate, Money Supply, and Exchange Rate as the explanatory variables of the study. The findings of this analysis reveal that there's an antagonistic relation between Inflation and GDP.
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LEE, SHINE-DER, SHU-CHUAN LAN, and CHIN-MING YANG. "ECONOMIC PRODUCTION LOT SIZING MODEL WITH STOCHASTIC DEMAND." Asia-Pacific Journal of Operational Research 31, no. 03 (June 2014): 1450015. http://dx.doi.org/10.1142/s0217595914500158.
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We consider the extended economic production quantity (EPQ) problem when demand follows a Poisson process in a production system. A fixed lot sizing policy is implemented to minimize fluctuation of workload, and to smooth production planning and inventory control. The considered costs include setup cost, inventory carrying cost, and shortage cost when demand cannot be satisfied from stock. The main contributions of this paper are two folds. We develop and analyze the extended EPQ model. Under some mild conditions, the expected cost per unit time can be shown to be convex. Via computational experiments, we demonstrate that, in comparison with classical EPQ model, the average reduction of expected cost is significant when demand is random and the proposed model is used to determine lot sizing policy. Our computational tests have also illustrated the impact of various parameters on the expected cost model and the lot sizing policy.
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Carrera Portugal, Alberto. "The role of city rankings in local public policy design: Urban competitiveness and economic press." Global Media and China 4, no. 2 (June 2019): 162–78. http://dx.doi.org/10.1177/2059436419853892.
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The objective of this research is to identify the factors that determine the capacity of city rankings published in the economic press—particularly The Economist Intelligence Unit and AméricaEconomía—to not only trigger social dialogue about the ratings different territories attain but also to enrich the public debate on the “competitive city model” and influence the design and implementation of local public policies on the matter. The research method involved interviews with public officials responsible for the design and implementation of urban competitiveness policies in the following Mexican cities: Mexico City, Monterrey, Puebla, and Queretaro, all of which are listed in the rankings of the journals The Economist Intelligence Unit and AméricaEconomía. The field research included an interview with the editor responsible for conceptualizing, preparing, and publishing the first version of “The Best Cities to Do Business in Latin America” ranking of the journal AméricaEconomía. It also included a comparative analysis of city indexes from the theoretic and conceptual perspective of space of flows. The investigation was conducted between March and August 2017.
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Schuller, Tom. "Constructing International Policy Research: The Role of CERI/OECD." European Educational Research Journal 4, no. 3 (September 2005): 170–80. http://dx.doi.org/10.2304/eerj.2005.4.3.2.
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This article discusses how the Organisation for Economic Cooperation and Development's Centre for Educational Research and Innovation (CERI) addresses the task of conducting international policy research. The article begins with a descriptive account of CERI's work, including the way member countries shape the research agenda. Several issues which relate to how research evidence is compiled within an international context are addressed. First, why the supposed priority area of lifelong learning is only weakly supported by systematic research is considered. The author raises the question of how we are to judge the quality and impact of international research work, especially where it is policy-related. He suggests that an increasing focus on the outcomes of education raises questions about causality in a policy research context. This leads to some brief consideration of evaluation of research, and of the country as a unit of methodological analysis. Finally, he asks what might be meant by learning from international experience.
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Tsai, Deng-Maw, and Ji-Cheng Wu. "Economic production quantity concerning learning and the reworking of imperfect items." Yugoslav Journal of Operations Research 22, no. 2 (2012): 313–36. http://dx.doi.org/10.2298/yjor091109012t.
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The classical economic production quantity (EPQ) model assumes that items produced are of perfect quality and the production rate is constant. However, production quality depends on the condition of the process. Due to process deterioration or other factors, the production process may shift and produce imperfect quality items. These imperfect quality items sometimes can be reworked and repaired; hence, overall production-inventory costs can be reduced significantly. In addition, it can be found in practice that the time or cost required to repetitively produce a unit of a product decreases when the number of units produced by a worker or a group of workers increases. Under this circumstance, the unit production cost cannot be regarded as constant and, therefore, cannot be ignored when taking account of the total cost. This paper incorporates the effects of learning and the reworking of defective items on the EPQ model since they were not considered in existing models. An optimal operation policy that minimizes the expected total cost per unit time is derived. A numerical example is provided to illustrate the proposed model. In addition, sensitivity analysis is performed and discussed.
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GUO, Qiannan. "Research on IFLP optimization model for carbon emission reduction." MATEC Web of Conferences 277 (2019): 01009. http://dx.doi.org/10.1051/matecconf/201927701009.
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This study proposed an optimization model combined with Binding Interval Linear Programming (ILP) and Fuzzy linear programming (FLP) Methods and further analyzed from the views of economic output, energy consumption, carbon dioxide emission and emission cost. The optimization model results demonstrated that the heavy energy consumption industries will significantly reduce, and the target of the carbon dioxide emissions per unit of GDP reduction decrease by 40%-45% from 2005 to 2020. In addition, the economic development model will trend to optimize the allocation of resources and green economy. However, a single low-carbon economic policy will always have shortcomings and low efficiency in emission reduction. Hence, the government should combine all emission reduction policies together and establish a lowcarbon economy system that practice production activities need.
Books on the topic "Namibian Economic Policy Research Unit"
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Erwin, Naimhwaka, ed. Policy research networks and policy making in Africa. Ausspannplatz, Windhoek, Namibia: Namibian Economic Policy Research Unit, 2005.
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Namibian Economic Policy Research Unit. The first ten years: A review of one decade : Namibian Economic Policy Research Unit, 1990-2000. [Windhoek]: The Unit, 2000.
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Ifo/IWF-Symposium (5th 1996 Budapest, Hungary). Die ungarische Forschung und Entwicklung sowie ausländische Direktinvestitionen in ihrer Wirkung auf den fortschreitenden Transformationsprozess in Ungarn: Ifo/IWF-Symposium vom 23. bis 26. Juni 1996 in Budapest. München: Weltforum Verlag, 1997.
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utviklingshjelp, Norway Direcktoratet for, Chr Michelsens institutt, Namibian Economic Policy Research Unit., and University of Namibia. Multi-disciplinary Research Centre. Social Sciences Division., eds. In search of research: Approaches to socio-economic issues in contemporary Namibia : papers presented at a NORAD-sponsored workshop of the Chr. Michelsen Institute (CMI), the Namibian Economic Policy Research Unit (NEPRU), and the Social Science Division (SSD) of the Multidisciplinary Research Centre at the University of Namibia. Ausspannplatz, Windhoek, Namibia: NEPRU, 1998.
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(Editor), Mark Aspinwall, and Gerald Schneider (Editor), eds. The Rules of Integration: The Institutionalist Approach to European Studies (European Policy Research Unit). Manchester University Press, 2001.
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The Rules of Integration: The Institutionalist Approach to European Studies (European Policy Research Unit). Manchester University Press, 2001.
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Story, Jonathan, and Ingo Walter. Political Economy of Financial Integration in Europe: The Battle of the Systems (European Policy Research Unit Series). Manchester Univ Pr, 1998.
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Yue, Chia Siow, and Tan Loong-Hoe. Trade, Protectionism, and Industrial Adjustment in Consumer Electronics: Asian Responses to North America (Field report series / ASEAN Economic Research Unit, Institute of Southeast Asian Studies). Institute of Southeast Asian Studies, 1989.
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1932-, Oppenländer Karl Heinrich, and Ifo-Institut für Wirtschaftsforschung, eds. Einfluss der Europäischen Wahrungsunion auf den Transformationsprozess in Ostmitteleuropa unter besonderer Berücksichtigung Ungarns: Ifo/IfW-Symposium vom 11. bis 13. Dezember 1995 in München. Köln: Weltforum, 1996.
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G, Maasdorp G., ed. Industrial decentralisation in South Africa: Policy and practice : proceedings of a joint workshop of the Friedrich Ebert Stiftung and the Economic Research Unit held in Durban on 23-24 May 1984. Durban: Economic Research Unit, University of Natal, 1985.
Find full textBook chapters on the topic "Namibian Economic Policy Research Unit"
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"Investigating International Causal Linkages Between Latin European Stock Markets in Terms of Global Financial Crisis." In Emerging Research on Monetary Policy, Banking, and Financial Markets, 238–58. IGI Global, 2019. http://dx.doi.org/10.4018/978-1-5225-9269-3.ch012.
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The main objective of this chapter is to investigate international causal linkages between selected Latin European stock markets, such as Romania, Spain, and Italy, in terms of global financial crises. Moreover, the structure of this book chapter includes both theoretical developments and new empirical findings. In recent past, the global phenomenon of increasing cointegration, co-movements and financial contagion patterns between developed and emerging stock markets have significantly influenced foreign investment behavior. The global financial crisis has seriously affected the international financial architecture and global economic stability due to unprecedented dynamic financial contractions. In addition, as strictly economic approach, Romanian labor migration is very high level in Italy and Spain. On the other hand, financial integration and the international causal linkages suggest a certain behavioral pattern between receiving societies. The financial econometrics approach includes various tools such as Unit Root Test, Hodrick-Prescott (HP) filter, Augmented Dickey-Fuller stationary test, BDS test and Granger causality test. The final results provide a comprehensive framework regarding international portfolio diversification, risk management and strategic investment decision making process.
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Mukherjee, Sovik. "Energy Poverty Jinx." In Handbook of Research on Economic and Political Implications of Green Trading and Energy Use, 60–79. IGI Global, 2019. http://dx.doi.org/10.4018/978-1-5225-8547-3.ch004.
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The chapter starts by comparing India with China, U.S. and world as a whole in respect of composition, pattern of primary energy use, fuel access to clean cooking energy, and access to electricity for the households. Moving on, this relationship between energy and poverty has preoccupied development economists for decades and begs for a policy dialogue on whether the lack of energy in terms of the 3E's—energy security, energy accessibility, and energy use—makes a nation energy poor or not. This moves the focus on the state of equity in the distribution of energy in India. The chapter, then, looks at the issue of energy poverty, in particular, rural-urban magnitude of energy poverty by estimating the specific concentration curve using National Sample Survey (NSSO) household unit level data from the 68th round (July 2011 – June 2012). To conclude, the study comments on how the optimum fuel mix design should look and talks about sustainable strategies involving the use of new renewables for breaking India's energy poverty jinx.
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Pariante, Carmine M. "The intergenerational transmission of stress: psychosocial and biological mechanisms." In Perinatal Psychiatry. Oxford University Press, 2014. http://dx.doi.org/10.1093/oso/9780199676859.003.0023.
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I met Channi for the first time when I was a senior house officer (trainee) in psychiatry at the Maudsley Hospital, and I worked under his supervision for 6 months, in 1998. At that time, Channi was the only Consultant Perinatal Psychiatrist at the Maudsley, covering the Liaison Services at King’s College Hospital, the outreach work, and the Mother and Baby Unit. And, of course, he was leading the academic section. It is perhaps the best tribute to his memory that it takes now three consultants and two academics to do the work that he was then doing all by himself! I was already interested in neuroendocrinology, and Channi was fascinated by the possibility that hormones might have a role in the mental health problems of the perinatal period. At that time, the notion that hormonal changes in pregnancy could have long-lasting effects on the offspring was still at its infancy, and I remember fondly the many discussions on this topic with Channi, sitting at his famous old desk. Channi was a pioneer in this field: he was the first to emphasize the dramatic impact of depression in pregnancy on the wellbeing of mothers and children. I am honoured to be able to continue this line of research today. The intergenerational transmission of stress has powerful clinical and social consequences, consolidating social adversity and psychopathology in future generations. The 2007 Policy Briefing by the World Health Organization Regional Office for Europe, ‘Preventing child maltreatment in Europe: a public health approach’ (WHO 2007), recognizes that ‘there is an association between maltreatment in childhood and the risk of later . . . becoming a perpetrator of violence or other antisocial behaviour as a teenager or adult’. The report also highlights that the costs are both overt (for example, medical care for victims, treatment of offenders, and legal costs for social care) and less obvious (for example, criminal justice and prosecution costs, specialist education, and mental health provision). In Europe, only the United Kingdom has calculated the total economic burden, estimated to be ￡735 million in 1996 (WHO 2007).
Conference papers on the topic "Namibian Economic Policy Research Unit"
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Xiao, Ning, Qingchuan Zhang, Zhiyuan Xu, and Yanna Li. "Economic and Operational Characteristics of PWR Unit Participation in Grid Peak-Load Regulation." In 2017 25th International Conference on Nuclear Engineering. American Society of Mechanical Engineers, 2017. http://dx.doi.org/10.1115/icone25-66237.
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Following the unceasing changes in power demand and the power utility structure in China, the load fluctuation characteristics of the power grid are gradually increasing. The capacity of the power grid’s peak-load regulation and transmission has become the bottleneck of nuclear power and intermittent renewable energy consumption. In some jurisdictions of China, the curtailment of the wind and solar power output is higher than 30%, and the unplanned halt of nuclear power plant operation happens periodically. These phenomena cause energy efficiency decreases and potential safety hazards for nuclear power generation units. How to increase the “flexibility” of the power system has become a main issue of China’s power grid that can contribute to the promotion of nuclear power plants’ production and reduce the curtailment of wind and solar energy. Based on China’s power grid structure, the power plants’ geographical distribution, the power plants’ operation characters, the power grid load characteristics, and the power grid operation modes, the performances of various types of power sources participating in daily load regulation are compared, including the peak-load regulation capacity, response characteristics, environmental benefits and economic benefits. On account of the above outcome, drawing on the experience of international research results and based on a feasible power plant’s load characteristics and operation economy, a strategy of power plants participating in peak-load regulation is proposed, and an evaluation index system is built. The strategy and index are both used to elevate the power grid’s power quality and operation economy, optimize the multi-energy coupling power supply model, and evaluate the PWR units’ core competence. A peak-load regulation strategy and policy proposal is concluded in the treatise.
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Kunsch, P. L. "A Framework for Assessing the Cost and Financing Uncertainties of the Belgian High Level-Waste Repository." In ASME 2003 9th International Conference on Radioactive Waste Management and Environmental Remediation. ASMEDC, 2003. http://dx.doi.org/10.1115/icem2003-4636.
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This paper presents the general approach presently developed by ONDRAF/NIRAS/NERAS, the Belgian radioactive waste management agency for dealing with the economic and financial uncertainties of the High-level-Waste (HLW) repository project in clay. This project will be for many more years the object of R&D studies. Many uncertainties thus still exist regarding the final design, the eventual costs, and the realisation schedule. Recommendations from the Electric Power Research Institute (EPRI) are available for computing contingency factors to be applied on top of the basic costs delivered by project engineers. We show in this paper that fuzzy logic is a natural way to use the recommendations of EPRI. Fuzzy logic is a mathematical technique for representing unprecise or relatively vague judgments made by experts, like: ‘this project is preliminary’, ‘this concept is insufficiently mature’, etc. This approach is considered in many fields as being well-suited for coping with uncertainties implied by such judgments. In the present case, distinction is made between uncertainties related to policy, project, technology, and realisation schedule. The paper details the sequence of basic steps used by the agency to produce as a final product the per-unit tariff of the different waste categories. Expert judgments are interpreted by the fuzzy-logic technique to derive EPRI-like contingency factors for each project task, as well as a fuzzy operating schedule within a given political scenario. Conclusions are given on how this approach can be validated and set into practice.
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Fu, Xingguo, Xiaohong Xu, and Xuguang Zhou. "The New Lubrication Technology and China’s Sustained Development." In World Tribology Congress III. ASMEDC, 2005. http://dx.doi.org/10.1115/wtc2005-63123.
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The application of new lubrication technology has a close relationship with the industrial development of automobile, machinery and transportation. Energy saving and environment protection are main two factors to push lubricants upgrades. Lubricant quality and correct application directly influence the use-life of machine, consumption of energy and environment protection. All over the world, especially in Western developed countries people pay more attention to the research and application of new lubricant technology. The lubricant specifications were reviewed and upgraded continuously according to the requirements of machine, fuel economy and emission. China’s sustained development means the ability to satisfy current human’s requirement as well as not to destroy nature resources for next generation. That also means we must balance the fast development of economy, society, resources and environment, we must protect natural resources and environment such as water, ocean, lands and forest which we live on, which can keep our next generation developing. Research and application of new lubricant technology is basic issues to keep China’s economy continuously growing. China’s petroleum consumption increased rapidly during the recent decades. There are two rapid period within 25 years after China’s application of opening and reform policy. The first is from 1978 to 1990, the whole petroleum consumption increased from 913 million to 1.18 billion tons respectively, increasing rate is 2.0% per year. The second was from 1991 to 2003, petroleum consumption increased from 1.18 billion to 2.74 billion tons, increasing rate was up to 6.7% per year. If we compare 2003 with 2001, the net petroleum consumption amount had increased 42million tons, increase rate is 8.7% per year. China now becomes one of biggest petroleum consumption country. The efficiency of China’s petroleum consumption is low. According to world petroleum consumption level (ton per thousand U.S. Dollar, GDP), China consumes four times more petroleum than that of Japan, three times of that of European, two times of that of USA. The wide application of low-grade lubricating oil and the lack of new lubrication technology are the main cause of the low-efficient petroleum usage. In the future decades petroleum shortages will be more and more strict in China, and it will have an important role in the delay of economic development and national safety. It is our lubricants workers duty to develop and apply the new lubrication technology to enhance the use efficiency of petroleum, to prevent our reliable environment and to push the China’s sustainable development. The world total consumption quantity of lubricating oil keeps about 37 to 39 million tons per year. It shares about 1% of total crude refining amount. The lube consumption amount in North American keeps stable about 9.5 million tons which listed No.1 while European and previous Unit Soviet area decreased. Asia is the only increased area, mainly because of the fast economic growth in China and India. China has consumed 4.4million tons lubricating oil in 2003, take about 1.6% of total crude refining amount, shares about 11% of whole world consumption amount, values about 22 billion RMB [1]. The increased rate reaches the highest—10.56% compared to 2002. This was the first time China become the second lubricant consumer in the world, just after USA. In 2004, China’s lubricants consumption will reach over 5 million tons, reaches the top in history, the increased rate will reach 10% comparing with 2003. China’s Automobile industry develops rapidly in the recent years, at the same time fuel efficiency keeps a low level. In 2002 China’s automobile has consumed 2.28 ton fuel per automobile which is 110–120 percent of USA, 200 percent of Japan. There exists a wide market for the application of new lubrication technology. The application of those additives and lube oils such as environment-friend additives, friction modified agents, nano-lube additives, energy-conserving multi-grade lube oils can enhance lubrication efficiency of equipments, decrease fuel consumption and conserve the petroleum resources. In this paper the applications of Cu nano-lube additive are introduced. and 0.1% Cu nano-lube is added into passenger car motor oil 5W30 SJ. The four-ball test equipment, cam-tappet test equipment and MS VI engine test are used to evaluate the performance, the test results shows the application of Cu nano-additive can obviously decrease the friction coefficient and fuel consumption. China should establish its national lube oil evaluation system, this system can greatly push the warranty of the quality of lube oil. The standard and national principle for fuel-conserving should be acted to improve the application of multi-grade lube oil and energy-conserving lube oil and new technology.