Oil And The Western Economic Crisis
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Oil And The Western Economic Crisis
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Author : Helen Thompson
language : en
Publisher: Springer
Release Date : 2017-05-18
Oil And The Western Economic Crisis written by Helen Thompson and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-05-18 with Political Science categories.
This book explains the place of oil in the economic and political predicaments that now confront the West. Thompson explains the problems that the rising cost of oil posed in the years leading up to the 2008 crash, and the difficulties that a volatile oil market now poses to economic recovery under the conditions of high debt, low growth and quantitative easing. The author argues that the 'Gordian knot' created by the economic and political dynamics of supply and demand oil in the present international economy poses a fundamental challenge to the assumption of economic progress embedded in Western democratic expectations.
The Oil Crisis
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Author : Fiona Venn
language : en
Publisher: Routledge
Release Date : 2016-07-01
The Oil Crisis written by Fiona Venn and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-07-01 with History categories.
In October 1973 two crises – one economic, one political – intersected, with dramatic and long term consequences for international relations. On 6 October, Egypt and Syria launched an attack on Israel, and within a few days the major Arab oil producers announced their support by use of the ‘oil weapon’, including a boycott of supplies for countries friendly to Israel and a programme of production cuts. This was followed by the unilateral declaration of a steep increase in the price of oil by the Organization of Petroleum Exporting Countries (OPEC). The result was international panic and world recession. Crude oil prices soared by a massive fourfold in just three months. The West's vulnerability had been exposed: it was being held hostage to oil. Yet, despite efforts to address this dependence on oil imports in following years, the 1979 Iranian Revolution triggered a further upward surge in prices. Today, the importance of oil remains at the forefront of the West's foreign policy calculations in the Middle East. In this fascinating and timely new look at the oil crisis, Fiona Venn examines these issues and the more unexpected effects of the crisis. She asks just how much really changed in the economic balance of power. Most importantly she argues that OPEC was used as a scapegoat for the world recession, which had been already underway when the crisis detonated.
The Economics Of The Oil Crisis
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Author : T.M. Rybczynski
language : en
Publisher: Springer
Release Date : 1976-06-18
The Economics Of The Oil Crisis written by T.M. Rybczynski and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 1976-06-18 with Political Science categories.
Oil Shock
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Author : Elisabetta Bini
language : en
Publisher: Bloomsbury Publishing
Release Date : 2016-05-27
Oil Shock written by Elisabetta Bini and has been published by Bloomsbury Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-05-27 with Political Science categories.
The 1973 'Oil Shock' is considered a turning point in the history of the twentieth century. At the time it seemed to mark a definitive shift from the era of low priced oil to the era of expensive oil. For most Western industrialized countries, it became the symbolic marker of the end of an era. For many oil producers, it translated into an unprecedented control over their energy resources, and completed the process of decolonization, leading to a profound redefinition of international relations.This book provides an analysis of the crisis and its global political and economic impact. It features contributions from a range of perspectives and approaches, including political, economic, environmental, international and social history. The authors examine the origins of what was defined as an 'oil revolution' by the oil-producing countries, as well as the far-reaching effects of the 'shock' on the Cold War and decolonization, on international energy markets and the global economy. In doing so, they help place the event in its historical context as a key moment in the transformation of the international economy and of North-South relations.
Oil Dollars Debt And Crises
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Author : Mahmoud A. El-Gamal
language : en
Publisher:
Release Date : 2010
Oil Dollars Debt And Crises written by Mahmoud A. El-Gamal and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010 with Electronic books categories.
"Oil, Dollars, Debt, and Crises studies the causes of the current oil and global financial crisis and shows how America's and the world's growing dependence on oil has created a repeating pattern of banking, currency, and energy-price crises. Unlike other books on the current financial crisis, which have focused on U.S. indebtedness and American trade and economic policy, Oil, Dollars, Debt, and Crises shows the reader a more complex picture in which transfers of wealth to and from the Middle East result in a perfect storm of global asset and financial market bubbles, increased unrest, terrorism and geopolitical conflicts, and eventually rising costs for energy. Only by addressing long-term energy policy challenges in the West, economic development challenges in the Middle East, and the investment horizons of financial market players can policy makers ameliorate the forces that have been causing repeating global economic crises"--Provided by publisher.
Oil And World Power Routledge Revivals
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Author : Peter R. Odell
language : en
Publisher: Routledge
Release Date : 2013-10-14
Oil And World Power Routledge Revivals written by Peter R. Odell and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-10-14 with Business & Economics categories.
The oil industry is the world’s largest commercial enterprise. Its extent is global; international issues are consistently influenced by considerations of oil production and consumption, while the international communications networks of the larger oil companies rival those of many nations. In this, the eighth edition of Oil and World Power, published in 1986, Peter Odell explains the complexities of this gigantic empire and its influence on the world. The far-reaching chapters discuss the U.S.A, the Soviet Union, O.P.E.C., Japan and the oil-consuming countries of the developing world. Evaluating the changing patterns of oil supply and the dramatic fall in oil prices in 1986, Odell proposes a number of forward-thinking conclusions surrounding the relationship between oil in global politics and economic development. This is an exceptionally interesting and relevant work, of great value to those with an interest in the oil industry, global power and international economic development.
Disorder
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Author : Helen Thompson
language : en
Publisher: Oxford University Press
Release Date : 2022-02-24
Disorder written by Helen Thompson and has been published by Oxford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-02-24 with Political Science categories.
Getting to grips with the overlapping geopolitical, economic, and political crises faced by Western democratic societies in the 2020s. The 21st century has brought a powerful tide of geopolitical, economic, and democratic shocks. Their fallout has led central banks to create over $25 trillion of new money, brought about a new age of geopolitical competition, destabilised the Middle East, ruptured the European Union, and exposed old political fault lines in the United States. Disorder: Hard Times in the 21st Century is a long history of this present political moment. It recounts three histories - one about geopolitics, one about the world economy, and one about western democracies - and explains how in the years of political disorder prior to the pandemic the disruption in each became one big story. It shows how much of this turbulence originated in problems generated by fossil-fuel energies, and it explains why as the green transition takes place the long-standing predicaments energy invariably shapes will remain in place.
The International Economic Crisis And The Post Soviet States
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Author : Valentina Feklyunina
language : en
Publisher: Routledge
Release Date : 2014-06-11
The International Economic Crisis And The Post Soviet States written by Valentina Feklyunina and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-06-11 with Political Science categories.
At first, it seemed as if the international financial crisis that broke out in 2008 would have little effect in Russia and the other post-Soviet states. But, by the end of the year, growth was slowing, banks were reluctant to lend, share values had collapsed and unemployment was rising inexorably. The stability of the Putin leadership, it appeared, had been built on the turnaround in economic performance that it had managed to achieve over more than a decade. How would it cope with a sudden reversal? In Ukraine, living standards fell even more sharply. In Belarus, there were fewer obvious signs of economic difficulty, but it could hardly be unaffected by the performance of its major trading partners. Drawing on a wide range of evidence, an international group of scholars address the impact of the international financial crisis in the post-Soviet states and the continuing implications of the crisis for these countries themselves and for the wider world. This book was published as a special issue of the Journal of Communist Studies and Transition Politics, now known as East European Politics.
The Misunderstood Crisis
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Author : Maarten van Mourik
language : en
Publisher: L'artilleur
Release Date : 2014-01-15
The Misunderstood Crisis written by Maarten van Mourik and has been published by L'artilleur this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-01-15 with Social Science categories.
"Bank collapses, the sub-prime crisis and state debts running out of control – since 2008, experts and politicians have defined the economic crisis as a derailment of the financial system. Governments, without hesitation, instituted emergency bank bailouts and numerous other measures to revive the ailing economy. Five years on, the recovery is, at best, faltering and, at worst, illusory. In this timely and thought-provoking book, Dutch oil industry experts Maarten van Mourik and Oskar Slingerland argue that the crisis has been falsely diagnosed. They make a compelling case that energy, rather than the financial system, lies at its root. In 2006, by analysing industry data, they correctly predicted steep oil price rises and the economic shock that would follow. Using the same data, they now argue that the era of cheap oil is over, and with it our prospects for long-term growth. The situation should trigger a radical change of our economic and production models, yet western governments have failed to grasp the challenge. If nothing changes, the book argues, we will be heading further into deep trouble. ".
The Netherlands And The Oil Crisis
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Author : Duco Hellema
language : en
Publisher: Amsterdam University Press
Release Date : 2004
The Netherlands And The Oil Crisis written by Duco Hellema and has been published by Amsterdam University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004 with History categories.
This incisive study examines the role of the Netherlands in the October War and the oil crisis of 1973. The authors contend that the actions of the Dutch government were hypocritical: the Dutch government faced a domestic crisis when an oil embargo was levied against them by Arab countries for selling arms to Israel; yet after oil began arriving again two months later, the Dutch rejected a proposal for a stricter interventionist energy policy within the European Union. A probing and thought-provoking study, The Netherlands and the Oil Crisis draws on previously unavailable archival sources to shed new light on a pivotal moment in contemporary Dutch history.