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Author: Arthur Thomas Coumbe
Publisher:
ISBN:
Category :
Languages : en
Pages : 370
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Book Description
Author: Arthur Thomas Coumbe
Publisher:
ISBN:
Category :
Languages : en
Pages : 370
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Book Description
Author: Tamil Nadu (India). Vigilance Commission
Publisher:
ISBN:
Category :
Languages : en
Pages : 46
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Author: Ryan C. Smith
Publisher: Springer Nature
ISBN: 303107131X
Category : Business & Economics
Languages : en
Pages : 252
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Book Description
The rise of the global financial industry is treated by many economists as a critical component of the rise of neoliberalism. 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. Oil prices inflation, as a result of Embargo and Shock, also triggered a balance of payments crisis that created unprecedented global demand for credit. Processing this capital and mitigating the inflationary pressures which followed the 1973 Shock encouraged the development of more liquid, internationally mobile instruments that made financialization possible and ushered in the effective privatization of money creation. This transformation of the creation of money, the rise of a new global debt cycle, and petrocapital-fuelled changes to financial practices laid the foundations of modern finance and the neoliberal world order as we know them.
Author: U.S. Nuclear Regulatory Commission
Publisher:
ISBN:
Category : Nuclear energy
Languages : en
Pages : 80
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Author:
Publisher:
ISBN:
Category : Power resources
Languages : en
Pages : 1634
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Author: United States. Energy Research and Development Administration
Publisher:
ISBN:
Category : Medicine
Languages : en
Pages :
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Author:
Publisher:
ISBN:
Category : Education
Languages : en
Pages : 862
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Author: United States. Congress. Senate. Committee on Finance
Publisher:
ISBN:
Category : United States
Languages : en
Pages : 712
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Author: United States. Energy Research and Development Administration
Publisher:
ISBN:
Category : Power resources
Languages : en
Pages : 780
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Author: United States. Energy Research and Development Administration. Technical Information Center
Publisher:
ISBN:
Category : Force and energy
Languages : en
Pages : 788
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