Description: Please refer to the section BELOW (and NOT ABOVE) this line for the product details - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Title:The Hidden Hand Of American Hegemony: Scenes From Private Tombs In New Kingdom ThebesISBN13:9780801428845ISBN10:080142884XAuthor:Spiro, David E. (Author)Description: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 Efficient Markets Then Placed That New Money In Cash-Poor Third World Economies David Spiro Has Followed The Money Trail, And The Story He Tells Contradicts The Accepted Beliefs Most Of The Sudden Flush Of New Oil Wealth Didn't Go To Poor Oil-Importing Countries Around The Globe Instead, The United States Made A Deal With Saudi Arabia To Sell It U S Securities In Secret, A Deal Resulting In A Substantial Portion Of Saudi Assets Being Held By The U S Government With This Arrangement, The U S Government Violated Its Agreements With Allies In The Developed World Spiro Argues That American Policymakers Took This Action To Prop Up Otherwise Intolerable Levels Of U S Public Debt In Effect, Recycled Opec Wealth Subsidized The Debt-Happy Policies Of The U S Government As Well As The Debt-Happy Consumption Of Its Citizenry Binding:Hardcover, HardcoverPublisher:Cornell University PressPublication Date:1999-10-15Weight:1.07 lbsDimensions:0.74'' H x 9.6'' L x 6.42'' WNumber of Pages:200Language:English
Price: 67.38 USD
Location: USA
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Book Title: Hidden Hand of American Hegemony : Petrodollar Recycling and International Markets
Item Length: 9.2in
Item Height: 0.8in
Item Width: 6.1in
Author: David E. Spiro
Format: Hardcover
Language: English
Topic: International / Economics, Commerce, International Relations / General, Public Policy / Economic Policy, Middle East / General, Petroleum, Investments & Securities / General
Publisher: Cornell University Press
Publication Year: 1999
Genre: Technology & Engineering, Business & Economics, History, Political Science
Item Weight: 32.1 Oz
Number of Pages: 200 Pages
