Oil, Dollars, Debt, and Crises

The Global Curse of Black Gold

Business & Finance, Economics, International Economics, Nonfiction, Social & Cultural Studies, Social Science
Cover of the book Oil, Dollars, Debt, and Crises by Mahmoud A. El-Gamal, Amy Myers Jaffe, Cambridge University Press
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Author: Mahmoud A. El-Gamal, Amy Myers Jaffe ISBN: 9781107714199
Publisher: Cambridge University Press Publication: December 14, 2009
Imprint: Cambridge University Press Language: English
Author: Mahmoud A. El-Gamal, Amy Myers Jaffe
ISBN: 9781107714199
Publisher: Cambridge University Press
Publication: December 14, 2009
Imprint: Cambridge University Press
Language: English

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.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

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.

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