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The Third Oil Shock (Routledge Revivals) - The Effects of Lower Oil Prices (Hardcover)
Loot Price: R3,386
Discovery Miles 33 860
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The Third Oil Shock (Routledge Revivals) - The Effects of Lower Oil Prices (Hardcover)
Series: Routledge Revivals
Expected to ship within 12 - 17 working days
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First published in 1983, this book a number of collects the essays
about the effects of a sustained period of low oil prices. The
opening chapter describes how oil prices have impinged on other
elements of the economy and assesses the costs and benefits, in the
short and long term, of low prices. The following three chapters
deal with different groups of countries and indicate clearly that
for none of them do lower oil prices have unequivocally positive or
negative effects - a situation examined in the chapter on the
international financial system. The last three chapters analyse the
shifts lower prices are likely to produce in relations among the
groups closely involved in the oil market.
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