Measuring the Economic Cost of an Oil Embargo

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Publisher :
ISBN 13 :
Total Pages : 38 pages
Book Rating : 4.:/5 (696 download)

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Book Synopsis Measuring the Economic Cost of an Oil Embargo by : Steven Nobumasa Tani

Download or read book Measuring the Economic Cost of an Oil Embargo written by Steven Nobumasa Tani and published by . This book was released on 1976 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt:

International Dimensions of Monetary Policy

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Publisher : University of Chicago Press
ISBN 13 : 0226278875
Total Pages : 663 pages
Book Rating : 4.2/5 (262 download)

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Book Synopsis International Dimensions of Monetary Policy by : Jordi Galí

Download or read book International Dimensions of Monetary Policy written by Jordi Galí and published by University of Chicago Press. This book was released on 2010-03-15 with total page 663 pages. Available in PDF, EPUB and Kindle. Book excerpt: United States monetary policy has traditionally been modeled under the assumption that the domestic economy is immune to international factors and exogenous shocks. Such an assumption is increasingly unrealistic in the age of integrated capital markets, tightened links between national economies, and reduced trading costs. International Dimensions of Monetary Policy brings together fresh research to address the repercussions of the continuing evolution toward globalization for the conduct of monetary policy. In this comprehensive book, the authors examine the real and potential effects of increased openness and exposure to international economic dynamics from a variety of perspectives. Their findings reveal that central banks continue to influence decisively domestic economic outcomes—even inflation—suggesting that international factors may have a limited role in national performance. International Dimensions of Monetary Policy will lead the way in analyzing monetary policy measures in complex economies.

The Netherlands and the Oil Crisis

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Publisher : Amsterdam University Press
ISBN 13 : 9053564853
Total Pages : 321 pages
Book Rating : 4.0/5 (535 download)

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Book Synopsis The Netherlands and the Oil Crisis by : Duco Hellema

Download or read book The Netherlands and the Oil Crisis written by Duco Hellema and published by Amsterdam University Press. This book was released on 2004 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: This incisive study examines the role of the Netherlands in the October War and the oil crisis of 1973. The authors contend that the actions of the Dutch government were hypocritical: the Dutch government faced a domestic crisis when an oil embargo was levied against them by Arab countries for selling arms to Israel; yet after oil began arriving again two months later, the Dutch rejected a proposal for a stricter interventionist energy policy within the European Union. A probing and thought-provoking study, The Netherlands and the Oil Crisis draws on previously unavailable archival sources to shed new light on a pivotal moment in contemporary Dutch history.

The Great Inflation

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Publisher : University of Chicago Press
ISBN 13 : 0226066959
Total Pages : 545 pages
Book Rating : 4.2/5 (26 download)

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Book Synopsis The Great Inflation by : Michael D. Bordo

Download or read book The Great Inflation written by Michael D. Bordo and published by University of Chicago Press. This book was released on 2013-06-28 with total page 545 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Economic Policy and the Great Stagflation

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Publisher : Elsevier
ISBN 13 : 1483264564
Total Pages : 244 pages
Book Rating : 4.4/5 (832 download)

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Book Synopsis Economic Policy and the Great Stagflation by : Alan S. Blinder

Download or read book Economic Policy and the Great Stagflation written by Alan S. Blinder and published by Elsevier. This book was released on 2013-09-11 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic Policy and the Great Stagflation discusses the national economic policy and economics as a policy-oriented science. This book summarizes what economists do and do not know about the inflation and recession that affected the U.S. economy during the years of the Great Stagflation in the mid-1970s. The topics discussed include the basic concepts of stagflation, turbulent economic history of 1971-1976, anatomy of the great recession and inflation, and legacy of the Great Stagflation. The relation of wage-price controls, fiscal policy, and monetary policy to the Great Stagflation is also elaborated. This publication is beneficial to economists and students researching on the history of the Great Stagflation and policy errors of the 1970s.

Energy Research Abstracts

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Publisher :
ISBN 13 :
Total Pages : 604 pages
Book Rating : 4.:/5 (3 download)

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Book Synopsis Energy Research Abstracts by :

Download or read book Energy Research Abstracts written by and published by . This book was released on 1984 with total page 604 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Survey of the Research Into Energy-economy Interactions: Annotated bibliography

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Publisher :
ISBN 13 :
Total Pages : 428 pages
Book Rating : 4.:/5 (319 download)

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Book Synopsis Survey of the Research Into Energy-economy Interactions: Annotated bibliography by : United States. Energy Information Administration. Macroeconomic Analysis Division

Download or read book Survey of the Research Into Energy-economy Interactions: Annotated bibliography written by United States. Energy Information Administration. Macroeconomic Analysis Division and published by . This book was released on 1979 with total page 428 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Oil Crisis

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Publisher : Routledge
ISBN 13 : 1317884000
Total Pages : 231 pages
Book Rating : 4.3/5 (178 download)

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Book Synopsis The Oil Crisis by : Fiona Venn

Download or read book The Oil Crisis written by Fiona Venn and published by Routledge. This book was released on 2016-07-01 with total page 231 pages. Available in PDF, EPUB and Kindle. Book excerpt: In October 1973 two crises – one economic, one political – intersected, with dramatic and long term consequences for international relations. On 6 October, Egypt and Syria launched an attack on Israel, and within a few days the major Arab oil producers announced their support by use of the ‘oil weapon’, including a boycott of supplies for countries friendly to Israel and a programme of production cuts. This was followed by the unilateral declaration of a steep increase in the price of oil by the Organization of Petroleum Exporting Countries (OPEC). The result was international panic and world recession. Crude oil prices soared by a massive fourfold in just three months. The West's vulnerability had been exposed: it was being held hostage to oil. Yet, despite efforts to address this dependence on oil imports in following years, the 1979 Iranian Revolution triggered a further upward surge in prices. Today, the importance of oil remains at the forefront of the West's foreign policy calculations in the Middle East. In this fascinating and timely new look at the oil crisis, Fiona Venn examines these issues and the more unexpected effects of the crisis. She asks just how much really changed in the economic balance of power. Most importantly she argues that OPEC was used as a scapegoat for the world recession, which had been already underway when the crisis detonated.

Energy Abstracts for Policy Analysis

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Publisher :
ISBN 13 :
Total Pages : 488 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Energy Abstracts for Policy Analysis by :

Download or read book Energy Abstracts for Policy Analysis written by and published by . This book was released on 1987 with total page 488 pages. Available in PDF, EPUB and Kindle. Book excerpt:

NBER Macroeconomics Annual 2001

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Publisher : MIT Press
ISBN 13 : 9780262523233
Total Pages : 398 pages
Book Rating : 4.5/5 (232 download)

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Book Synopsis NBER Macroeconomics Annual 2001 by : Ben S. Bernanke

Download or read book NBER Macroeconomics Annual 2001 written by Ben S. Bernanke and published by MIT Press. This book was released on 2002 with total page 398 pages. Available in PDF, EPUB and Kindle. Book excerpt: Current issues in macroeconomics.

Oil Prices and the Global Economy

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Publisher : International Monetary Fund
ISBN 13 : 1475572360
Total Pages : 30 pages
Book Rating : 4.4/5 (755 download)

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Book Synopsis Oil Prices and the Global Economy by : Mr.Rabah Arezki

Download or read book Oil Prices and the Global Economy written by Mr.Rabah Arezki and published by International Monetary Fund. This book was released on 2017-01-27 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper presents a simple macroeconomic model of the oil market. The model incorporates features of oil supply such as depletion, endogenous oil exploration and extraction, as well as features of oil demand such as the secular increase in demand from emerging-market economies, usage efficiency, and endogenous demand responses. The model provides, inter alia, a useful analytical framework to explore the effects of: a change in world GDP growth; a change in the efficiency of oil usage; and a change in the supply of oil. Notwithstanding that shale oil production today is more responsive to prices than conventional oil, our analysis suggests that an era of prolonged low oil prices is likely to be followed by a period where oil prices overshoot their long-term upward trend.

The Economics of World War I

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Publisher : Cambridge University Press
ISBN 13 : 1139448358
Total Pages : 363 pages
Book Rating : 4.1/5 (394 download)

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Book Synopsis The Economics of World War I by : Stephen Broadberry

Download or read book The Economics of World War I written by Stephen Broadberry and published by Cambridge University Press. This book was released on 2005-09-29 with total page 363 pages. Available in PDF, EPUB and Kindle. Book excerpt: This unique volume offers a definitive new history of European economies at war from 1914 to 1918. It studies how European economies mobilised for war, how existing economic institutions stood up under the strain, how economic development influenced outcomes and how wartime experience influenced post-war economic growth. Leading international experts provide the first systematic comparison of economies at war between 1914 and 1918 based on the best available data for Britain, Germany, France, Russia, the USA, Italy, Turkey, Austria-Hungary and the Netherlands. The editors' overview draws some stark lessons about the role of economic development, the importance of markets and the damage done by nationalism and protectionism. A companion volume to the acclaimed The Economics of World War II, this is a major contribution to our understanding of total war.

Oil and the political economy in the Middle East

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Publisher : Manchester University Press
ISBN 13 : 1526149087
Total Pages : 204 pages
Book Rating : 4.5/5 (261 download)

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Book Synopsis Oil and the political economy in the Middle East by : Martin Beck

Download or read book Oil and the political economy in the Middle East written by Martin Beck and published by Manchester University Press. This book was released on 2021-08-17 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: The downhill slide in the global price of crude oil, which started mid-2014, had major repercussions across the Middle East for net oil exporters, as well as importers closely connected to the oil-producing countries from the Gulf. Following the Arab uprisings of 2010 and 2011, the oil price decline represented a second major shock for the region in the early twenty-first century – one that has continued to impose constraints, but also provided opportunities. Offering the first comprehensive analysis of the Middle Eastern political economy in response to the 2014 oil price decline, this book connects oil market dynamics with an understanding of socio-political changes. Inspired by rentierism, the contributors present original studies on Bahrain, Egypt, Jordan, Kuwait, Lebanon, Oman, Qatar, Saudi Arabia, and the United Arab Emirates. The studies reveal a large diversity of country-specific policy adjustment strategies: from the migrant workers in the Arab Gulf, who lost out in the post-2014 period but were incapable of repelling burdensome adjustment policies, to Egypt, Jordan, and Lebanon, who have never been able to fulfil the expectation that they could benefit from the 2014 oil price decline. With timely contributions on the COVID-19-induced oil price crash in 2020, this collection signifies that rentierism still prevails with regard to both empirical dynamics in the Middle East and academic discussions on its political economy.

The Federal Energy Office

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Publisher :
ISBN 13 :
Total Pages : 100 pages
Book Rating : 4.:/5 ( download)

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Book Synopsis The Federal Energy Office by : United States. Congress. Senate. Committee on Government Operations. Permanent Subcommittee on Investigations

Download or read book The Federal Energy Office written by United States. Congress. Senate. Committee on Government Operations. Permanent Subcommittee on Investigations and published by . This book was released on 1974 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Oil and Security

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Publisher :
ISBN 13 :
Total Pages : 216 pages
Book Rating : 4.:/5 (44 download)

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Book Synopsis Oil and Security by : Stockholm International Peace Research Institute

Download or read book Oil and Security written by Stockholm International Peace Research Institute and published by . This book was released on 1974 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Gerald Ford and the Challenges of the 1970s

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Publisher : University Press of Kentucky
ISBN 13 : 0813138477
Total Pages : 664 pages
Book Rating : 4.8/5 (131 download)

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Book Synopsis Gerald Ford and the Challenges of the 1970s by : Yanek Mieczkowski

Download or read book Gerald Ford and the Challenges of the 1970s written by Yanek Mieczkowski and published by University Press of Kentucky. This book was released on 2005-04-22 with total page 664 pages. Available in PDF, EPUB and Kindle. Book excerpt: A reappraisal of the brief presidency of Gerald Ford, called to leadership in the midst of scandal, stagflation, and an energy crisis. For many Americans, Gerald Ford evokes an image of either an unelected president who abruptly pardoned his corrupt predecessor or an accident-prone klutz spoofed on Saturday Night Live. In this book, Yanek Mieczkowski reexamines Ford’s two and a half years in office, showing that his presidency successfully confronted the most vexing crisis of the postwar era. Viewing the 1970s primarily through the lens of economic events, Mieczkowski argues that Ford’s understanding of the national economy was better than any modern president’s; that he oversaw a dramatic reduction of inflation; and that he attempted to solve the energy crisis with judicious policies. Throughout his presidency, Ford labored under the legacy of Watergate. Democrats scored landslide victories in the 1974 midterm elections, and within an anemic Republican Party, the right wing challenged Ford’s leadership, even as pundits predicted the GOP’s death. Yet Ford reinvigorated the party and fashioned a 1976 campaign strategy against Jimmy Carter that brought him from thirty points behind to a dead heat on election day. Drawing on numerous personal interviews with former President Ford, cabinet officials, and members of the Ninety-fourth Congress, Mieczkowski presents the first major work on Ford in more than a decade, combining the best of biography and presidential history to paint an intriguing portrait of a president, his times, and his legacy. “This ambitious work calls for a reexamination of the Ford presidency in light of the formidable challenges he faced upon taking office. A welcome and important addition to the literature on the Ford presidency.” ―Library Journal

The Distributional Implications of the Impact of Fuel Price Increases on Inflation

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Publisher : International Monetary Fund
ISBN 13 : 1616356154
Total Pages : 34 pages
Book Rating : 4.6/5 (163 download)

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Book Synopsis The Distributional Implications of the Impact of Fuel Price Increases on Inflation by : Mr. Kangni R Kpodar

Download or read book The Distributional Implications of the Impact of Fuel Price Increases on Inflation written by Mr. Kangni R Kpodar and published by International Monetary Fund. This book was released on 2021-11-12 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper investigates the response of consumer price inflation to changes in domestic fuel prices, looking at the different categories of the overall consumer price index (CPI). We then combine household survey data with the CPI components to construct a CPI index for the poorest and richest income quintiles with the view to assess the distributional impact of the pass-through. To undertake this analysis, the paper provides an update to the Global Monthly Retail Fuel Price Database, expanding the product coverage to premium and regular fuels, the time dimension to December 2020, and the sample to 190 countries. Three key findings stand out. First, the response of inflation to gasoline price shocks is smaller, but more persistent and broad-based in developing economies than in advanced economies. Second, we show that past studies using crude oil prices instead of retail fuel prices to estimate the pass-through to inflation significantly underestimate it. Third, while the purchasing power of all households declines as fuel prices increase, the distributional impact is progressive. But the progressivity phases out within 6 months after the shock in advanced economies, whereas it persists beyond a year in developing countries.