Uncover the root causes of global oil crises with “The Economics of Oil Crisis” by Cyrus Bina. This 1985 hardcover from Palgrave Macmillan provides a deep dive into the theories behind oil market instability, oil rent, and the role of international capital. Bina, a noted economist, offers a critical perspective on the political economy of oil, analyzing the cyclical nature of prices and the impact of global events. Explore the vital relationship between economic policies, rent-seeking behaviour, and capital flows within the petroleum industry. A valuable resource for economists, political scientists, and energy policy experts seeking a comprehensive understanding of oil market dynamics. This 146-page volume remains remarkably relevant for understanding today’s complex energy landscape. This book is a thorough exploration of the political and economic factors that cause instability in the oil market. A focus is on the concept of oil rent, and how the concentration of wealth generated from oil production leads to a destabilizing cycle of boom and bust. Readers interested in the history of economic thought and how petroleum markets shape global politics will find this text insightful. The hardcover is a rare and collectible edition perfect for any scholar interested in commodities and markets.
The Economics of Oil Crisis: Theories of Oil Crisis, Oil Rent and Internationalization of Capital in the Oil Industry
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Description
ix, 146 pages : 23 cm
Delve into the complex world of global oil markets with "The Economics of Oil Crisis: Theories of Oil Crisis, Oil Rent and Internationalization of Capital in the Oil Industry" by Cyrus Bina. Published in 1985 by Palgrave Macmillan, this hard-to-find hardcover edition offers a comprehensive analysis of the economic forces driving oil crises, a topic of enduring relevance in today's world. Cyrus Bina, a respected economist known for his critical perspectives on global political economy, provides a rigorous exploration of the theoretical underpinnings of oil crises. This book goes beyond superficial explanations, diving deep into the concepts of oil rentthe economic value derived from oil production beyond the cost of extractionand the internationalization of capital within the petroleum industry. In "The Economics of Oil Crisis," Bina examines how these factors contribute to the instability and volatility of oil markets. He challenges conventional wisdom and offers alternative frameworks for understanding the cyclical nature of oil prices and the impact of geopolitical events on the global economy. This book is not just a historical account; it provides valuable insights for understanding contemporary challenges in energy economics. This meticulously researched volume, spanning 146 pages, is a valuable resource for economists, political scientists, energy policy analysts, and anyone seeking a deeper understanding of the forces shaping the international oil market. While published in 1985, the core economic principles and theoretical models presented remain highly relevant for analyzing modern oil market dynamics and potential future crises. Although a used book, this hardcover edition offers a tangible piece of scholarly work, a testament to in-depth research and critical thinking on a topic of global importance. Add this important title to your collection and gain a unique perspective on the economics of oil.
Additional information
| Authors | |
|---|---|
| Binding | |
| Condition | |
| ISBN-10 | 0312236611 |
| ISBN-13 | 9780312236618 |
| Language | |
| Pages | 146 |
| Publisher | |
| Year published | |
| Weight | 372 |
| Dewey decimal | 338.2/7282 |