| Oil and the Western Economic Crisis 2017 Edition Contributor(s): Thompson, Helen (Author) |
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ISBN: 3319525085 ISBN-13: 9783319525082 Publisher: Palgrave MacMillan OUR PRICE: $61.74 Product Type: Hardcover - Other Formats Published: May 2017 |
| Additional Information |
| BISAC Categories: - Political Science | Political Economy - Science | Energy - Business & Economics | Economics - Macroeconomics |
| Dewey: 339 |
| Series: Building a Sustainable Political Economy: Speri Research & P |
| Physical Information: 0.38" H x 5.83" W x 8.27" (0.68 lbs) 118 pages |
| Descriptions, Reviews, Etc. |
| Publisher Description: 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. |