{"product_id":"counter-shock-9781838605827","title":"Counter-shock","description":"\u003cdiv class=\"book-description\"\u003e\n\u003cp\u003eThe oil price collapse of 1985-86 had momentous global consequences: non-fossil energy sources quickly became uncompetitive, the previous talk of an OPEC 'imperium' was turned upside-down, the Soviet Union lost a large portion of its external revenues, and many Third World producers saw their foreign debts peak.\u003c\/p\u003e\n\n\u003cp\u003eCompared to the much-debated 1973 \u003cem\u003eoil shock\u003c\/em\u003e, the \u003cem\u003ecountershock\u003c\/em\u003e has not received the same degree of attention, even though its legacy has shaped the present-day energy scenario.\u003c\/p\u003e\n\n\u003cp\u003eThis volume is the first to put the oil \u003cem\u003ecounter-shock\u003c\/em\u003e of the mid-1980s into historical perspective. Featuring some of the most knowledgeable experts in the field, \u003cem\u003eCounter-shock\u003c\/em\u003e offers a balanced approach between the global picture and local study cases.\u003c\/p\u003e\n\n\u003cp\u003eIn particular, it highlights the crucial interaction between the oil counter-shock and the political \u003cem\u003ecounterrevolution\u003c\/em\u003e against state intervention in economic management, put forward by Ronald Reagan and Margaret Thatcher in the same period.\u003c\/p\u003e\n\u003c\/div\u003e","brand":"Bloomsbury Publishing PTY Ltd","offers":[{"title":"Default Title","offer_id":47617210089708,"sku":"9781838605827","price":76.99,"currency_code":"NZD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0705\/7784\/8556\/files\/9781838605827-counter-shock.jpg?v=1778494818","url":"https:\/\/bookhero.co.nz\/products\/counter-shock-9781838605827","provider":"Book Hero","version":"1.0","type":"link"}