The Hidden Hand of American Hegemony : Petrodollar Recycling and International Markets

The Hidden Hand of American Hegemony : Petrodollar Recycling and International Markets /

Between 1973 and 1980, the cost of crude oil rose suddenly and dramatically, precipitating convulsions in international politics. Conventional wisdom holds that international capital markets adjusted automatically and remarkably well: enormous amounts of money flowed into oil-rich states, and effici...

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Bibliographic Details
Online Access: Full text (MCPHS users only)
Main Author: Spiro, David E. (Author)
Format: Electronic eBook
Language:English
Published: Ithaca, NY : Cornell University Press, 2019
Series:Cornell Studies in Political Economy
Subjects:
Organization of Petroleum Exporting Countries.
International Monetary Fund.
Balance of payments > Arab countries.
Investments, Arab.
Petroleum products > Prices.
International finance.
United States > Foreign economic relations.
Local Note:ProQuest Ebook Central
Table of Contents:
  • Frontmatter
  • Contents
  • Preface
  • 1. Explaining Petrodollar Recycling
  • 2. Defining the Principles of Allocation
  • 3. Making Markets Work
  • 4. The Failure of International Institutions
  • 5. Competing for Capital
  • 6. The Interpretation of Hegemony
  • Works Cited
  • Index

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