Counter-shock - The Oil Counter-Revolution of the 1980s (Hardcover)

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 picture and local study cases. In particular, it highlights the crucial interaction between the oil counter-shock and the political `counterrevolution' against state intervention in economic management, put forward by Ronald Reagan and Margaret Thatcher in the same period.

General

Imprint:	I.B. Tauris
Country of origin:	United Kingdom
Release date:	April 2018
Editors:	Duccio Basosi • Giuliano Garavini • Massimiliano Trentin
Dimensions:	216 x 138 x 36mm (L x W x T)
Format:	Hardcover
Pages:	400
ISBN-13:	978-1-78831-333-9
Categories:	Books > Humanities > History > History of specific subjects > Economic history Books > Business & Economics > Industry & industrial studies > Energy industries & utilities > Petroleum & oil industries Books > History > History of specific subjects > Economic history
LSN:	1-78831-333-X
Barcode:	9781788313339

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