This study offers a vital reappraisal of the trade relationship between north-east Asia and the Gulf. Writing from a non-western standpoint, Dargin and Lim make a compelling case for how these regions became economically integrated in the wake of the 1973 oil crisis.

This book provides a broad and in-depth introduction to the geopolitical, economic and trade changes wrought with the increasing influence of the countries of the Global South in international affairs. The global role of the developing countries came to the forefront in 1974, when the United Nations General Assembly promulgated The New International Economic Order. Since then, the countries of the Global South, particularly China, India, Brazil, Saudi Arabia, South Africa and Qatar, made an indelible impact upon the world's economic architecture. However, their true influence became starkly illustrated during the onset of the 2000s, when several seismic events occurred. The September Eleventh terrorist attacks with the resultant debilitating wars in Iraq and Afghanistan -- extreme world commodity price increases and the global financial crisis of 2007-2008 all served to wrench the epicenter of global influence increasingly southward. While the developed countries of the Global North became mired in economic stagnation with problems associated with the global financial crisis, their collective influence waned. Since then, the world has been attempting to accommodate, somewhat unevenly, the rising geopolitical and economic clout of the Global South. This book presents a collection of scholarly articles that, taken together, functions as a primer on the workings of the immense global changes at the beginning of the twenty-first century.

This study offers a vital reappraisal of the trade relationship between north-east Asia and the Gulf. Writing from a non-western standpoint, Dargin and Lim make a compelling case for how these regions became economically integrated in the wake of the 1973 oil crisis.

Stakeholders in the international economy have long considered energy a crucial aspect of national sovereignty - a commodity inherently political in nature. Because of its contentious nature, energy and natural resources have been the source of conflicts for a millennia. With the sharp increase of the international price of oil and natural gas from 2002-2008, energy subsidization in the energy-rich exporting countries assumed center stage. A narrow focus on this new dynamic, however, obscures the basic issue that developed and developing countries tend to view energy in fundamentally contradictory ways. For developed, OECD countries energy is primarily a tool used to promote the smooth running of the global economy. This book discusses the role and development of energy in emerging regions.