The Netherlands and the Oil Crisis

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Release : 2004
Genre : History
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Book Rating : 853/5 ( reviews)

The Netherlands and the Oil Crisis - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Netherlands and the Oil Crisis write by Duco Hellema. This book was released on 2004. The Netherlands and the Oil Crisis available in PDF, EPUB and Kindle. 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 oil crisis in the 1970s and its consequences for the world economy

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Release : 2006-07-23
Genre : Social Science
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Book Rating : 759/5 ( reviews)

The oil crisis in the 1970s and its consequences for the world economy - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The oil crisis in the 1970s and its consequences for the world economy write by David Wieblitz. This book was released on 2006-07-23. The oil crisis in the 1970s and its consequences for the world economy available in PDF, EPUB and Kindle. Essay from the year 2004 in the subject Business economics - Economic and Social History, grade: 2,0, Turku School of Economics (Department of economics), course: Economic History and Development, language: English, abstract: Nowadays oil is still the world’s most important single source of energy. The world’s industry is influenced by the cost of energy which, in turn, is influenced by the price of crude oil, taxation and other factors. If the cost of energy goes up, then prices of goods and services will increase, subsequently it will cause lower availability of products, higher transportation’s costs and in turn lower economic growth. The latter will influence negatively the efficiency and productivity of the whole world’s industry. This means that if oil prices go too high or too low there will be unlikely consequences for both oil producers and oil consumers. This paper analyzes the oil crisis of 1970ies. The first section concerns the history of the October War (6 – 23 October 1973) that led to the oil embargo, one of the most dramatic events for the world economy. The embargo lasted six months, beginning on 17 October 1973 and ending on 18 March 1974. The second section deals with the impact of the energy crisis on different countries. It caused terrible consequences for the economies of all industrialized countries such as recession, inflation, unemployment, lost economic growth and stagflation. But the essential question is whether the energy crisis was a real shortage or mainly a matter of politics.

The Oil Crisis

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Release : 2016-07-01
Genre : History
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Book Rating : 000/5 ( reviews)

The Oil Crisis - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Oil Crisis write by Fiona Venn. This book was released on 2016-07-01. The Oil Crisis available in PDF, EPUB and Kindle. 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.

Oil and Security

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Release : 1974
Genre : Petroleum
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Book Rating : /5 ( reviews)

Oil and Security - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Oil and Security write by Stockholm International Peace Research Institute. This book was released on 1974. Oil and Security available in PDF, EPUB and Kindle.

The Oil Crisis

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Release : 1974
Genre : Petroleum industry and trade
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The Oil Crisis - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Oil Crisis write by Seeniappan Manoharan. This book was released on 1974. The Oil Crisis available in PDF, EPUB and Kindle. Economic and political analysis.