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Counter-shock The Oil Counter-Revolution of the 1980s

Counter-shock The Oil Counter-Revolution of the 1980s

Paperback

Series: International Library of Twentieth Century History

Business GeneralGeneral Middle Eastern HistoryInternational Relations

ISBN10: 1838605827
ISBN13: 9781838605827
Publisher: Bloomsbury Publishing PLC
Published: Oct 31 2019
Pages: 400
Weight: 1.02
Height: 0.82 Width: 5.50 Depth: 8.50
Language: English

The oil price collapse of 1985-6 had momentous global consequences: non-fossil energy sources quickly became uncompetitive, the previous talk of an OPEC 'imperium' was turned upside-down, the Soviet Union lost a large portion of its external revenues, and many Third World producers saw their foreign debts peak. Compared to the much-debated 1973 oil shock', the countershock' has not received the same degree of attention, even though its legacy has shaped the present-day energy scenario. This volume is the first to put the oil counter-shock' of the mid-1980s into historical perspective. Featuring some of the most knowledgeable experts in the field, Counter-Shock offers a balanced approach between the global

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General Middle Eastern History