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_beng
041 _aeng
050 0 0 _aHD9560.5
_b.E37o 2010
082 0 0 _a338.2/7282
_222
100 1 _aEl-Gamal, Mahmoud A.,
_d1963-
_946049
245 1 0 _aOil, dollars, debt, and crises :
_bthe global curse of black gold /
_cMahmoud A. El-Gamal, Amy Myers Jaffe ; foreword by James A. Baker.
260 _aCambridge ;
_aNew York :
_bCambridge University Press,
_c2010.
300 _axiv, 217 pages :
_billustrations ;
_c23 cm.
336 _atext
_btxt
_2rdacontent
337 _aunmediated
_bn
_2rdamedia
338 _avolume
_bnc
_2rdacarrier
504 _aIncludes bibliographical references (p. 210-215) and index.
505 8 _aMachine generated contents note: 1. The challenges of resource curses and globalization; 2. New Middle East: childhood 1973-84 and adolescence 1985-95; 3. Road to the status quo: 1996-2008; 4. Globalization of Middle East dynamics; 5. Dollars and debt: the end of the dollar era?; 6. Motivations to attack or abandon the dollar; 7. Resource curses, global volatility, and crises; 8. Ameliorating the cycle; Conclusion.
520 _a"Oil, Dollars, Debt, and Crises studies the causes of the current oil and global financial crisis and shows how America's and the world's growing dependence on oil has created a repeating pattern of banking, currency, and energy-price crises. Unlike other books on the current financial crisis, which have focused on U.S. indebtedness and American trade and economic policy, Oil, Dollars, Debt, and Crises shows the reader a more complex picture in which transfers of wealth to and from the Middle East result in a perfect storm of global asset and financial market bubbles, increased unrest, terrorism and geopolitical conflicts, and eventually rising costs for energy. Only by addressing long-term energy policy challenges in the West, economic development challenges in the Middle East, and the investment horizons of financial market players can policy makers ameliorate the forces that have been causing repeating global economic crises"--Provided by publisher.
650 0 _aPetroleum industry and trade.
650 0 _aPetroleum products
_xPrices.
650 0 _aFinancial crises.
700 1 _aJaffe, Amy,
_d1958-
_946050
906 _a7
_bcbc
_corignew
_d1
_eecip
_f20
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