The British Economy After Oil (1988) examines the future paths for the British economy as North Sea oil runs out. It considers the argument that the future lies in the promotion and growth of services, as well as the counter-argument that the future lies with the development of a strong manufacturing base for the economy.

The impact of North Sea oil and gas on the British economy is examined thoroughly in this book. It explores why the early years of the 1980s, when oil production had risen to the level of self-sufficiency and beyond were years of recession and unemployment. The book compares the record of British government policy with that of Norway, the Netherlands, Venezuela, Australia and Japan. Issues such as long – term energy policy are also examined.

This book explains the place of oil in the economic and political predicaments that now confront the West. Thompson explains the problems that the rising cost of oil posed in the years leading up to the 2008 crash, and the difficulties that a volatile oil market now poses to economic recovery under the conditions of high debt, low growth and quantitative easing. The author argues that the 'Gordian knot' created by the economic and political dynamics of supply and demand oil in the present international economy poses a fundamental challenge to the assumption of economic progress embedded in Western democratic expectations.

Originally published in 1982, this book examines the problem and looks at the causes of the repeated crises which the country has undergone since the war. The basic cause is stated to be the failure to invest in the modernisation of the British capital equipment and the consequent loss of competitive power. This failure, in turn, is seen to be the result of Government policies which, for the sake of a variety of short-term aims, sacrificed the future by deliberately inhibiting investment.

This work represents a documentary sourcebook on British economic development during the postwar years. The author provides a balanced overview of contentious themes relating to the context, dimensions, pace and consequences of Britain's relative economic decline since 1945.

An up to date short study which examines the key debates on British economic performance since 1914. Rex Pope considers the indicators and measures involved in assessing economic performance and then looks at issues affecting the economy such as the role of government, British entrepreneurship, the state of world markets, the effect of the two world wars and the importance of cultural attitudes towards industry.

Modern Britain focuses on two major periods of British history; the interwar period, and postwar Britain. The authors compare and contrast developments in the two periods, dealing with the themes of: * growth and welfare * industry * labour * social policy * the economy Combining a narrative with a conceptual and analytic approach,Modern Britain provides an end-of-century review of progress and decline and an essential background to current polemics and major issues of concern. Clearly structured and written, this is an invaluable textbook for students of twentieth century British history.

The downhill slide in the global price of crude oil, which started mid-2014, had major repercussions across the Middle East for net oil exporters, as well as importers closely connected to the oil-producing countries from the Gulf. Following the Arab uprisings of 2010 and 2011, the oil price decline represented a second major shock for the region in the early twenty-first century – one that has continued to impose constraints, but also provided opportunities. Offering the first comprehensive analysis of the Middle Eastern political economy in response to the 2014 oil price decline, this book connects oil market dynamics with an understanding of socio-political changes. Inspired by rentierism, the contributors present original studies on Bahrain, Egypt, Jordan, Kuwait, Lebanon, Oman, Qatar, Saudi Arabia, and the United Arab Emirates. The studies reveal a large diversity of country-specific policy adjustment strategies: from the migrant workers in the Arab Gulf, who lost out in the post-2014 period but were incapable of repelling burdensome adjustment policies, to Egypt, Jordan, and Lebanon, who have never been able to fulfil the expectation that they could benefit from the 2014 oil price decline. With timely contributions on the COVID-19-induced oil price crash in 2020, this collection signifies that rentierism still prevails with regard to both empirical dynamics in the Middle East and academic discussions on its political economy.

Explaining—and solving—the oil curse in the developing world Countries that are rich in petroleum have less democracy, less economic stability, and more frequent civil wars than countries without oil. What explains this oil curse? And can it be fixed? In this groundbreaking analysis, Michael L. Ross looks at how developing nations are shaped by their mineral wealth—and how they can turn oil from a curse into a blessing. Ross traces the oil curse to the upheaval of the 1970s, when oil prices soared and governments across the developing world seized control of their countries' oil industries. Before nationalization, the oil-rich countries looked much like the rest of the world; today, they are 50 percent more likely to be ruled by autocrats—and twice as likely to descend into civil war—than countries without oil. The Oil Curse shows why oil wealth typically creates less economic growth than it should; why it produces jobs for men but not women; and why it creates more problems in poor states than in rich ones. It also warns that the global thirst for petroleum is causing companies to drill in increasingly poor nations, which could further spread the oil curse. This landmark book explains why good geology often leads to bad governance, and how this can be changed.