MARC Record from Library of Congress

LEADER: 02311cam a22002898a 4500
001 2009038039
003 DLC
005 20100205140449.0
008 090914s2009 nyu b 001 0 eng
010 $a 2009038039
020 $a9780521896146 (hardback)
040 $aDLC$cDLC
050 00 $aHD9560.5$b.E42 2009
082 00 $a338.2/7282$222
100 1 $aEl-Gamal, Mahmoud A.,$d1963-
245 10 $aOil, dollars, debt, and crises :$bthe global curse of black gold /$cMahmoud A. El-Gamal, Amy M. Jaffe.
260 $aNew York :$bCambridge University Press,$c2009.
263 $a0912
300 $ap. cm.
504 $aIncludes bibliographical references and index.
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.
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.
650 0 $aPetroleum industry and trade.
650 0 $aPetroleum products$xPrices.
650 0 $aFinancial crises.
700 1 $aJaffe, Amy.
856 42 $3Cover image$uhttp://assets.cambridge.org/97805217/20700/cover/9780521720700.jpg