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Routledge The Third Oil Shock - Routledge Revivals Economics Book

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Description

The Third Oil Shock examines the far-reaching effects of sustained low oil prices on global economies, first published in 1983 and now revived by Routledge. This comprehensive collection of essays analyses how oil price fluctuations have shaped economic policy and international finance across multiple regions and sectors. The opening section establishes the relationship between oil prices and broader economic performance, weighing both short-term and long-term consequences of lower prices for different nations. Subsequent chapters explore the divergent impacts on various country groups, revealing that lower oil prices bring neither universal benefits nor uniform harm. The book investigates critical shifts within the international financial system and considers structural economic changes resulting from sustained price reductions. Essential reading for economists, policy researchers, and anyone studying the interconnection between energy markets and macroeconomic stability during a pivotal period in modern economic history.

Key Features

The Third Oil Shock features essays originally published in 1983 examining sustained periods of low oil prices and their economic consequences.

This Routledge Revivals edition explores how oil price fluctuations affect multiple country groups with differing economic structures and dependencies.

The book analyses the international financial system's response to lower oil prices and related capital flow shifts.

Opening chapters assess both short and long-term costs and benefits of low oil prices for national economies.

Later sections examine structural economic changes and policy implications arising from sustained low energy costs.

Product Specifications

Format
hardcover
Domain
Amazon UK
Release Date
18 April 2016
Listed Since
27 November 2015

Barcode

No barcode data available

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