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Author: Michael D. Bordo
Publisher: University of Chicago Press
ISBN: 0226066959
Category : Business & Economics
Languages : en
Pages : 545
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Book Description
Controlling inflation is among the most important objectives of economic policy. By maintaining price stability, policy makers are able to reduce uncertainty, improve price-monitoring mechanisms, and facilitate more efficient planning and allocation of resources, thereby raising productivity. This volume focuses on understanding the causes of the Great Inflation of the 1970s and ’80s, which saw rising inflation in many nations, and which propelled interest rates across the developing world into the double digits. In the decades since, the immediate cause of the period’s rise in inflation has been the subject of considerable debate. Among the areas of contention are the role of monetary policy in driving inflation and the implications this had both for policy design and for evaluating the performance of those who set the policy. Here, contributors map monetary policy from the 1960s to the present, shedding light on the ways in which the lessons of the Great Inflation were absorbed and applied to today’s global and increasingly complex economic environment.
Author: Michael D. Bordo
Publisher: University of Chicago Press
ISBN: 0226066959
Category : Business & Economics
Languages : en
Pages : 545
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Book Description
Controlling inflation is among the most important objectives of economic policy. By maintaining price stability, policy makers are able to reduce uncertainty, improve price-monitoring mechanisms, and facilitate more efficient planning and allocation of resources, thereby raising productivity. This volume focuses on understanding the causes of the Great Inflation of the 1970s and ’80s, which saw rising inflation in many nations, and which propelled interest rates across the developing world into the double digits. In the decades since, the immediate cause of the period’s rise in inflation has been the subject of considerable debate. Among the areas of contention are the role of monetary policy in driving inflation and the implications this had both for policy design and for evaluating the performance of those who set the policy. Here, contributors map monetary policy from the 1960s to the present, shedding light on the ways in which the lessons of the Great Inflation were absorbed and applied to today’s global and increasingly complex economic environment.
Author: Laura Kalman
Publisher: W. W. Norton
ISBN: 9780393350029
Category : History
Languages : en
Pages : 496
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Book Description
An authoritative history of the right turn in American national politics during the Ford-Carter years.
Author: Dag Harald Claes
Publisher: Routledge
ISBN: 0429515200
Category : Political Science
Languages : en
Pages : 442
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Book Description
The Organization of the Petroleum Exporting Countries (OPEC), celebrating its 60th anniversary in 2020, is one of the most recognizable acronyms in international politics. The organization has undergone decades of changing importance, from political irrelevance to the spotlight of world attention and back; and from economic boom for its members to deep political and financial crisis. This handbook, with chapters provided by scholars and analysts from different backgrounds and specializations, discusses and analyzes the history and development of OPEC, its global importance, and the role it has played, and still plays, in the global energy market. Part I focuses on the relationship between OPEC and its member states. Part II examines the relationship between OPEC and its customers, the consuming countries and their governments, while Part III addresses the relationship between OPEC and its competitors and potential partners, the non-OPEC producers, and the international oil companies. The final section, Part IV, looks at OPEC and the governance of international energy. Chapter 20 of this book is freely available as a downloadable Open Access PDF at http://www.taylorfrancis.com under a Creative Commons Attribution-Non Commercial-No Derivatives (CC-BY-NC-ND) 4.0 license.
Author: Kevin M. Kruse
Publisher: W. W. Norton & Company
ISBN: 039363454X
Category : History
Languages : en
Pages : 634
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Book Description
"A gripping and troubling account of the origins of our turbulent times.” —Jill Lepore, author of These Truths: A History of the United States When—and how—did America become so polarized? In this masterful history, leading historians Kevin M. Kruse and Julian E. Zelizer uncover the origins of our current moment. It all starts in 1974 with the Watergate crisis, the OPEC oil embargo, desegregation busing riots in Boston, and the wind-down of the Vietnam War. What follows is the story of our own lifetimes. It is the story of ever-widening historical fault lines over economic inequality, race, gender, and sexual norms firing up a polarized political landscape. It is also the story of profound transformations of the media and our political system fueling the fire. Kruse and Zelizer’s Fault Lines is a master class in national divisions nearly five decades in the making.
Author: Peter Z. Grossman
Publisher: Cambridge University Press
ISBN: 1107005175
Category : Business & Economics
Languages : en
Pages : 417
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Book Description
This book presents an analytic history of American energy policy, examining policy failures and how the policy process itself leads to failure.
Author: Christopher R. W. Dietrich
Publisher: Cambridge University Press
ISBN: 131673952X
Category : History
Languages : en
Pages : 371
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Book Description
Through innovative and expansive research, Oil Revolution analyzes the tensions faced and networks created by anti-colonial oil elites during the age of decolonization following World War II. This new community of elites stretched across Iran, Iraq, Saudi Arabia, Venezuela, Algeria, and Libya. First through their western educations and then in the United Nations, the Arab League, and the Organization of Petroleum Exporting Countries, these elites transformed the global oil industry. Their transnational work began in the early 1950s and culminated in the 1973–4 energy crisis and in the 1974 declaration of a New International Economic Order in the United Nations. Christopher R. W. Dietrich examines how these elites brokered and balanced their ambitions via access to oil, the most important natural resource of the modern era.
Author: Robert D. Kaplan
Publisher: Simon and Schuster
ISBN: 1439108706
Category : History
Languages : en
Pages : 559
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Book Description
A tight-knit group closely linked by intermarriage as well as class and old school ties, the “Arabists” were men and women who spent much of their lives living and working in the Arab world as diplomats, military attaches, intelligence agents, scholar-adventurers, and teachers. As such, the Arabists exerted considerable influence both as career diplomats and as bureaucrats within the State Department from the early nineteenth century to the present. But over time, as this work shows, the group increasingly lost touch with a rapidly changing American society, growing both more insular and headstrong and showing a marked tendency to assert the Arab point of view. Drawing on interviews, memoirs, and other official and private sources, Kaplan reconstructs the 100-year history of the Arabist elite, demonstrating their profound influence on American attitudes toward the Middle East, and tracing their decline as an influx of ethnic and regional specialists has transformed the State Department and challenged the power of the old elite.
Author: Jay Hakes
Publisher: University of Oklahoma Press
ISBN: 0806169931
Category : Business & Economics
Languages : en
Pages : 413
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Book Description
The 1970s were a decade of historic American energy crises—major interruptions in oil supplies from the Middle East, the country’s most dangerous nuclear accident, and chronic shortages of natural gas. In Energy Crises, Jay Hakes brings his expertise in energy and presidential history to bear on the questions of why these crises occurred, how different choices might have prevented or ameliorated them, and what they have meant for the half-century since—and likely the half-century ahead. Hakes deftly intertwines the domestic and international aspects of the long-misunderstood fuel shortages that still affect our lives today. This approach, drawing on previously unavailable and inaccessible records, affords an insider’s view of decision-making by three U.S. presidents, the influence of their sometimes-combative aides, and their often tortuous relations with the rulers of Iran and Saudi Arabia. Hakes skillfully dissects inept federal attempts to regulate oil prices and allocation, but also identifies the decade’s more positive legacies—from the nation’s first massive commitment to the development of alternative energy sources other than nuclear power, to the initial movement toward a less polluting, more efficient energy economy. The 1970s brought about a tectonic shift in the world of energy. Tracing these consequences to their origins in policy and practice, Hakes makes their lessons available at a critical moment—as the nation faces the challenge of climate change resulting from the burning of fossil fuels.
Author: Duccio Basosi
Publisher: Bloomsbury Publishing
ISBN: 1838608257
Category : Business & Economics
Languages : en
Pages : 404
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Book 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.
Author: Diana Schumacher
Publisher: MacMillan Publishing Company
ISBN:
Category : Science
Languages : en
Pages : 360
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Book Description
