Machine summary:
In the Cold War era, oil had been • The Editor expresses his gratitude to "Rahbord Quarterly" for their kindly contribution to this edition of IJIA tMahmood Vaezi is Deputy for Foreign Policy Research at the Center for Strategic Researcii/ Tehran ©Institute for Political and International Studies 80 THE IRANIAN JOURNAL OF !!\'TERNA TJONAL AFFAIRS considered as a principle element for the growth of industrial countries.
Fall 2007 ASIAN MODEL FOR ENERGY SECURITY 81 reduced the gross national production growth of the majority of western states, raised the inflation rates as well as economic recession.
©Institute for Political and International Studies f 84 THE IRANIAN JOURNAL OF INTERNATIONAL AFFAIRS Energy Supply and Demand in Asia Asia featured the highest energy consumption growth rate in the world in the past decade and its rapid development highlighted the energy supply and energy security as a top priority for its developing countries.
As a result of such increase the share of this region in the world crude oil production will rise from 27 per cent to 33 per cent by the year 20201• Under such estimations, the share of Asia in the developing countries' consumption growth is 69 per cent.
China, inter alia, in the Asia enjoys one of the highest economic growth rates and therefore, its energy consumption is also ©Institute for Political and International Studies 86 THE IRANIAN JOURNAL OF INTERNATIONAL AFFAIRS more than others.