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Monetary Policy and Crude Oil - Prices, Production and Consumption (Hardcover)
Loot Price: R3,158
Discovery Miles 31 580
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Monetary Policy and Crude Oil - Prices, Production and Consumption (Hardcover)
Series: New Directions in Post-Keynesian Economics series
Expected to ship within 12 - 17 working days
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The global crude oil market is critically important in many
respects. It is the fuel that drives the global economy and, as
such, is the focus of climate policies. Moreover, crude oil is the
basis of a tradable financial asset. It is therefore connected to
several outstanding macroeconomic developments of recent years,
including financial market fluctuations, the financial crisis and
the exceptional conduct of monetary policy. This book investigates
the impacts of monetary policy and the financial system on the
global crude oil market. Furthermore, it outlines how monetary
policy may also be used to guarantee stability and to contribute to
ecological sustainability. This unique and innovative book will
appeal to students and economists interested in macroeconomics, the
environment, energy and monetary policy. It will also be essential
reading for policy makers and those interested in economic policy
that will benefit both society and the environment.
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