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Item Details
Title: OIL, DOLLARS, DEBT, AND CRISES
THE GLOBAL CURSE OF BLACK GOLD
By: Mahmoud A. El-Gamal, Amy Myers Jaffe
Format: Electronic book text

List price: £162.00


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ISBN 10: 0511812329
ISBN 13: 9780511812323
Publisher: CAMBRIDGE UNIVERSITY PRESS
Pub. date: 5 June, 2012
Description: This book explains the links between past and present oil crises, financial crises, and geopolitical conflicts.
Synopsis: 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 US 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 policymakers ameliorate the forces that have been causing repeating global economic crises.
Illustrations: 38 b/w illus. 3 tables
Publication: UK
Imprint: Cambridge University Press (Virtual Publishing)
Returns: Non-returnable
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