Oil Supply Crises

Cooperation and Discord in the West

Nonfiction, Social & Cultural Studies, Political Science, Politics, Economic Policy, International, International Relations
Cover of the book Oil Supply Crises by Vessela Chakarova, Lexington Books
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Author: Vessela Chakarova ISBN: 9780739169766
Publisher: Lexington Books Publication: November 26, 2012
Imprint: Lexington Books Language: English
Author: Vessela Chakarova
ISBN: 9780739169766
Publisher: Lexington Books
Publication: November 26, 2012
Imprint: Lexington Books
Language: English

Oil Supply Crises: Cooperation and Discord in the West, by Vessela Chakarova, offers the most comprehensive, up-to-date analysis of consumer countries’ policies and reactions to oil supply shortages. In addition to being a valuable source of information on oil market dynamics, it provides a deep theoretical understanding of one of the most critical issues in international relations: inter-state cooperation.

This volume employs a structured, focused comparison to study European consumer countries’ cooperation in times of oil supply shortages. There have been fifteen such crises since the Second World War, three of which with dramatic consequences for the world economy. This analysis evaluates European cooperative efforts in seven of these cases, starting with the Abadan crisis in 1951. The cases are selected on the basis of their magnitude and economic impact. In particular, the study looks at intergovernmental negotiations within existing international bodies prior to, during, and immediately after the crisis. This study suggests that institutions are more likely to facilitate interstate cooperation in the presence of a strong leader—a role, which in the case of oil was assumed by the United States until the early 1970s. Cooperation in the oil issue-area has been the subject of only a few studies, none of which provides a systematic and comprehensive analysis. They are also limited in their scope and findings. Oil Supply Crises fills a significant gap in the literature on oil supply shortages and cooperation.

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

Oil Supply Crises: Cooperation and Discord in the West, by Vessela Chakarova, offers the most comprehensive, up-to-date analysis of consumer countries’ policies and reactions to oil supply shortages. In addition to being a valuable source of information on oil market dynamics, it provides a deep theoretical understanding of one of the most critical issues in international relations: inter-state cooperation.

This volume employs a structured, focused comparison to study European consumer countries’ cooperation in times of oil supply shortages. There have been fifteen such crises since the Second World War, three of which with dramatic consequences for the world economy. This analysis evaluates European cooperative efforts in seven of these cases, starting with the Abadan crisis in 1951. The cases are selected on the basis of their magnitude and economic impact. In particular, the study looks at intergovernmental negotiations within existing international bodies prior to, during, and immediately after the crisis. This study suggests that institutions are more likely to facilitate interstate cooperation in the presence of a strong leader—a role, which in the case of oil was assumed by the United States until the early 1970s. Cooperation in the oil issue-area has been the subject of only a few studies, none of which provides a systematic and comprehensive analysis. They are also limited in their scope and findings. Oil Supply Crises fills a significant gap in the literature on oil supply shortages and cooperation.

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