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The Real Oil Shock

How Oil Transformed Money, Debt, And Finance

by Ryan C. Smith
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language: english
Publisher: Springer International Publishing AG, September of 2022 ‧
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What few address is the role of the 1973 OPEC Oil Embargo and the 1979 Oil Shock in making modern financialization possible. Here, it will be demonstrated that the dramatic transfer of wealth from the industrialized, capitalist world to OPEC’s members triggered by the Oil Embargo and the Oil Shock created a vast pool of liquid capital.

The Real Oil Shock

How Oil Transformed Money, Debt, And Finance

by Ryan C. Smith

Property Description
ISBN: 9783031071300
Publisher: Springer International Publishing AG
Release Date: September of 2022
Language: English
Dimensions: 148 x 210 x 20 mm
Cover: Hardcover
Pages: 242
Format: Book
Categories: Books in English > Economics, Finance and Accounting > Economy
Books in English > Economics, Finance and Accounting > Finances
Books in English > Others
EAN: 9783031071300