Oil and the Western Economic Crisis

Author:   Helen Thompson
Publisher:   Springer International Publishing AG
Edition:   Softcover reprint of the original 1st ed. 2017
ISBN:  

9783319849195


Pages:   118
Publication Date:   01 August 2018
Format:   Paperback
Availability:   Manufactured on demand   Availability explained
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Oil and the Western Economic Crisis


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Overview

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. 

Full Product Details

Author:   Helen Thompson
Publisher:   Springer International Publishing AG
Imprint:   Springer International Publishing AG
Edition:   Softcover reprint of the original 1st ed. 2017
Weight:   0.454kg
ISBN:  

9783319849195


ISBN 10:   3319849190
Pages:   118
Publication Date:   01 August 2018
Audience:   Professional and scholarly ,  Professional & Vocational
Format:   Paperback
Publisher's Status:   Active
Availability:   Manufactured on demand   Availability explained
We will order this item for you from a manufactured on demand supplier.

Table of Contents

Chapter 1: Introduction.- Chapter 2: The spectres of peak conventional oil and stagflation.- Chapter 3: Salvation and damnation: the rise of non-conventional oil and quantitative easing.- Chapter 4:  Revisiting the 1970s.- Chapter 5: Conclusions.

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Author Information

Helen Thompson is Professor of Political Economy in the Department of Politics and International Studies at the University of Cambridge, UK. She is currently principal investigator on a research project on austerity and its consequences within the EU, which is financed by the Philomathia Foundation. 

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