Oil and the Western Economic Crisis

Author:   Helen Thompson
Publisher:   Springer International Publishing AG
Edition:   1st ed. 2017
ISBN:  

9783319525082


Pages:   118
Publication Date:   29 May 2017
Format:   Hardback
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:   1st ed. 2017
Dimensions:   Width: 14.80cm , Height: 1.00cm , Length: 21.00cm
Weight:   2.788kg
ISBN:  

9783319525082


ISBN 10:   3319525085
Pages:   118
Publication Date:   29 May 2017
Audience:   Professional and scholarly ,  Professional & Vocational
Format:   Hardback
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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