Titlebook: Oil and the Western Economic Crisis; Helen Thompson Book 2017 The Editor(s) (if applicable) and The Author(s) 2017 Monetary policy.Federal

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Conclusions,tions in past experience. What happens to this presumption as the fallout of the multiple problems around oil at work play out will challenge expectations of democracy and the idea that time guarantees progress.

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978-3-319-84919-5The Editor(s) (if applicable) and The Author(s) 2017

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Oil and the Western Economic Crisis978-3-319-52509-9Series ISSN 2946-3394 Series E-ISSN 2946-3408

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Helen ThompsonPlaces oil at the centre of analysis of the present economic crisis.Demonstrates the place of geo-politics in the present economic predicaments.Offers an original account of the west arrived at the pr

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The Spectres of Peak Conventional Oil and Stagflation,d where the Chinese and Indian economies were enjoying high levels of growth and the apparent stagnation of conventional oil production from 2005. The ensuing difficulties of high-cost oil were exacerbated by the weakness of the dollar in a world in which the US in the first half of the decade had t