Publication

2018 - I. B. Tauris & Company, Limited

Language

English

Word Count

100,000 words, Guess

Page Count

400 pages

Identifiers

  • ISBN-139781838608248
  • ISBN-101838608249
  • Better World Books9781838608248
  • Open LibraryOL51037840M

Description

"The oil price collapse of 1985-6 had momentous global consequences: non-fossil energy sources quickly became uncompetitive, the previous talk of an OPEC 'imperium' was turned upside-down, the Soviet Union lost a large portion of its external revenues, and many Third World producers saw their foreign debts peak. Compared to the much-debated 1973 'oil shock', the 'countershock' has not received the same degree of attention, even though its legacy has shaped the present-day energy scenario. This volume is the first to put the oil `counter-shock' of the mid-1980s into historical perspective. Featuring some of the most knowledgeable experts in the field, Counter-Shock offers a balanced approach between the global picture and local study cases. In particular, it highlights the crucial interaction between the oil counter-shock and the political 'counterrevolution' against state intervention in economic management, put forward by Ronald Reagan and Margaret Thatcher in the same period."--Bloomsbury Publishing.

Subjects

Other Editions

  • Counter-ShockI. B. Tauris & Company, Limited2018

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