Building a Sustainable Political Economy: SPERI Research & Policy

Oil and the Western Economic Crisis

Authors: Thompson, Helen

  • Places oil at the centre of analysis of the present economic crisis
  • Demonstrates the place of geo-politics in the present economic predicaments
  • Offers an original account of the west arrived at the present crisis from the 1970s
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eBook £31.99
price for United Kingdom (gross)
  • ISBN 978-3-319-52509-9
  • Digitally watermarked, DRM-free
  • Included format: PDF, EPUB
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover £39.99
price for United Kingdom (gross)
  • ISBN 978-3-319-52508-2
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
About this book

This book explains the place of oil in the economic and political predicaments that now confront the West. Thompson explains the problems that the rising cost of oil posed in the years leading up to the 2008 crash, and the difficulties that a volatile oil market now poses to economic recovery under the conditions of high debt, low growth and quantitative easing. The author argues that the 'Gordian knot' created by the economic and political dynamics of supply and demand oil in the present international economy poses a fundamental challenge to the assumption of economic progress embedded in Western democratic expectations. 

About the authors

Helen Thompson is Professor of Political Economy in the Department of Politics and International Studies at the University of Cambridge, UK. She is currently principal investigator on a research project on austerity and its consequences within the EU, which is financed by the Philomathia Foundation. 

Table of contents (5 chapters)

  • Introduction

    Thompson, Helen

    Pages 1-7

  • The Spectres of Peak Conventional Oil and Stagflation

    Thompson, Helen

    Pages 9-45

  • Salvation and Damnation: The Rise of Non-conventional Oil and Quantitative Easing

    Thompson, Helen

    Pages 47-92

  • Revisiting the 1970s

    Thompson, Helen

    Pages 93-106

  • Conclusions

    Thompson, Helen

    Pages 107-114

Buy this book

eBook £31.99
price for United Kingdom (gross)
  • ISBN 978-3-319-52509-9
  • Digitally watermarked, DRM-free
  • Included format: PDF, EPUB
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover £39.99
price for United Kingdom (gross)
  • ISBN 978-3-319-52508-2
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
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Bibliographic Information

Bibliographic Information
Book Title
Oil and the Western Economic Crisis
Authors
Series Title
Building a Sustainable Political Economy: SPERI Research & Policy
Copyright
2017
Publisher
Palgrave Macmillan
Copyright Holder
The Editor(s) (if applicable) and The Author(s)
eBook ISBN
978-3-319-52509-9
DOI
10.1007/978-3-319-52509-9
Hardcover ISBN
978-3-319-52508-2
Edition Number
1
Number of Pages
XII, 118
Number of Illustrations and Tables
1 b/w illustrations
Topics