Oil Shock - The 1973 Crisis and its Economic Legacy (Paperback)

The 1973 'Oil Shock' is considered a turning point in the history of the twentieth century. At the time it seemed to mark a definitive shift from the era of low priced oil to the era of expensive oil. For most Western industrialized countries, it became the symbolic marker of the end of an era. For many oil producers, it translated into an unprecedented control over their energy resources, and completed the process of decolonization, leading to a profound redefinition of international relations. This book provides an analysis of the crisis and its global political and economic impact. It features contributions from a range of perspectives and approaches, including political, economic, environmental, international and social history. The authors examine the origins of what was defined as an 'oil revolution' by the oil-producing countries, as well as the far-reaching effects of the 'shock' on the Cold War and decolonization, on international energy markets and the global economy. In doing so, they help place the event in its historical context as a key moment in the transformation of the international economy and of North-South relations.

General

Imprint:	Bloomsbury Academic
Country of origin:	United Kingdom
Release date:	February 2023
Editors:	Elisabetta Bini • Giuliano Garavini • Federico Romero
Dimensions:	216 x 140 x 25mm (L x W x T)
Format:	Paperback
Pages:	282
ISBN-13:	978-1-350-37415-7
Categories:	Books > Humanities > History > European history > General Books > Humanities > History > History of specific subjects > Economic history Books > Humanities > History > History of specific subjects > Industrial history Books > Social sciences > Politics & government > International relations > Embargos & sanctions Books > Business & Economics > Industry & industrial studies > Energy industries & utilities > Petroleum & oil industries Books > Humanities > History > World history > From 1900 > Postwar, from 1945 Books > Business & Economics > Economics > International economics > International trade > General Books > History > European history > General Books > History > History of specific subjects > Economic history Books > History > History of specific subjects > Industrial history Books > History > World history > From 1900 > Postwar, from 1945 Promotions
LSN:	1-350-37415-6
Barcode:	9781350374157

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