Oil and the international economy

Bibliographic Information

Oil and the international economy

by Geoffrey Heal and Graciela Chichilnisky

Clarendon Press , Oxford University Press, 1991

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Note

Bibliography: p. [130]-133

Includes index

Description and Table of Contents

Description

The authors apply recent developments in economic theory to the world oil market and present their implications for the dynamics of this market and its interactions with the rest of the international economic system. The presentation of material is non-technical with emphasis on seeing the oil market as part of the international economic system. The authors have extensive practical experience in the oil market.

Table of Contents

  • Competition and oil prices
  • technology and oil prices
  • the demand for oil
  • the role of OPEC
  • oil price movements - interpretations and predictions
  • oil, employment and inflation
  • oil as a double-edged sword - the development of oil-producing countries
  • oil and developing countries.

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