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Item Details
Title: OIL AND THE WESTERN ECONOMIC CRISIS
By: Helen Thompson
Format: Hardback

List price: £54.99
Our price: £48.12
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ISBN 10: 3319525085
ISBN 13: 9783319525082
Availability: Usually dispatched within 3-5 days.
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Stock: Currently 1item in stock
Publisher: SPRINGER INTERNATIONAL PUBLISHING AG
Pub. date: 29 May, 2017
Edition: 1st ed. 2017
Series: Building a Sustainable Political Economy: SPERI Research & Policy
Pages: 118
Description: This book explains the place of oil in the economic and political predicaments that now confront the West.
Synopsis: 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.
Illustrations: 1 Illustrations, black and white; XII, 118 p. 1 illus.
Publication: Switzerland
Imprint: Springer International Publishing AG
Returns: Returnable
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