Munich Personal RePEc Archive

Economic considerations regarding the first oil shock, 1973 - 1974

Ilie, Livia (2006): Economic considerations regarding the first oil shock, 1973 - 1974. Published in: , Vol. Identi, (2006)

[img]
Preview
PDF
MPRA_paper_6431.pdf

Download (53Kb) | Preview

Abstract

The oil shock of 1973-1974 was an economic and politic important event that produced controversies in the years that followed. No event in the last decades of the 20th century was as visible as the fourfold increase of the oil price in 1973-1974.

Due to different opinions and the topic itself there are many theories and point of views related to the oil crisis. This paper aims to analyze the first oil shock and to brig to attention the existent theories on the topic.

UB_LMU-Logo
MPRA is a RePEc service hosted by
the Munich University Library in Germany.