Overview
- Places oil at the centre of analysis of the present economic crisis
- Demonstrates the place of geo-politics in the present economic predicaments
- Offers an original account of the west arrived at the present crisis from the 1970s
Part of the book series: Building a Sustainable Political Economy: SPERI Research & Policy (SPERIRP)
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About this book
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.
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Table of contents (5 chapters)
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Bibliographic Information
Book Title: Oil and the Western Economic Crisis
Authors: Helen Thompson
Series Title: Building a Sustainable Political Economy: SPERI Research & Policy
DOI: https://doi.org/10.1007/978-3-319-52509-9
Publisher: Palgrave Macmillan Cham
eBook Packages: Political Science and International Studies, Political Science and International Studies (R0)
Copyright Information: The Editor(s) (if applicable) and The Author(s) 2017
Hardcover ISBN: 978-3-319-52508-2Published: 29 May 2017
Softcover ISBN: 978-3-319-84919-5Published: 01 August 2018
eBook ISBN: 978-3-319-52509-9Published: 18 May 2017
Series ISSN: 2946-3394
Series E-ISSN: 2946-3408
Edition Number: 1
Number of Pages: XII, 118
Number of Illustrations: 1 b/w illustrations
Topics: International Political Economy, Fossil Fuels (incl. Carbon Capture), Macroeconomics/Monetary Economics//Financial Economics, US Politics, Supply Chain Management